The Sub-Fund aims to provide a steady income stream with capital preservation across various market cycles by investing in an actively managed portfolio of primarily short duration fixed income instruments. Investment Policy Under normal circumstances, the Sub-Fund will invest at least 80% of its net assets in a global portfolio of short duration fixed income instruments. The Sub-Fund primarily invests in investment grade debt securities, rated Baa3 or higher by Moody’s Investors Services, Inc. (“Moody’s”), or equivalently rated by Standard & Poor’s Ratings Services (“Standard & Poor’s”) or Fitch, Inc. (“Fitch”), or, if unrated, determined by the Sub Investment Manager to be of comparable quality.