New Millennium - Total Return Flexible A

New Millennium Total Return Flexible aims to deliver consistent positive returns by maintaining a diverse and adaptable investment portfolio. It allocates between 20% and 100% to fixed and floating rate debt securities, including corporate, government, convertible bonds, and warrants. The fund also invests up to 49% in equity securities to capture growth opportunities. Additionally, it uses derivative instruments for both hedging and investment purposes, ensuring flexibility in various market conditions. The fixed income investments are primarily in investment-grade bonds, with a portion allocated to lower-rated securities for added diversification when appropriate.