The fund invests in bonds and money market instruments issued mainly in US dollars by Asian issuers. The issuers of these bonds and money market instruments are located in Singapore, Malaysia, Thailand, Indonesia, South Korea, Taiwan, the Philippines, India, Hong Kong and the People's Republic of China. Issuers from other Asian-Pacific countries may also be taken into consideration. Measured over a period of several years, we aim to beat the performance of our benchmark JP Morgan Asia Credit (JACI) Index Composite. The portfolio is diversified across countries, sectors and instruments. The fund is actively managed with a strong focus on debt issued in hard currency. This fund is intended for wellinformed investors seeking to invest part of their portfolio in growing Asian markets offering attractive long-term investment opportunities.