4.00% - 4.25% p.a.
The investment objective of Core Income is to deliver a return of 4.00% - 4.25% p.a. over the medium to long term, gross of fees.
Regular income through exposure to senior debt only. Portfolios are predominantly exposed to investment grade rated senior bonds with a small allocation to unrated bonds. Exposure is to medium to longer tenor maturity profiles, facilitating higher yield generation. The mix of holdings of fixed and floating rate bonds will shift through the interest rate cycle.