The fund aims to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency, while actively managing a diversified high-quality portfolio of money market instruments.
Fund Exposure
The fund is conservatively positioned with a well-diversified portfolio of high-quality money market instruments. It invests in issuers with a strong ESG profile and does not have a sustainable investment objective. The portfolio's average residual term to maturity may not exceed one year.
Risks
The fund invests in money market instruments and may be subject to volatility. Changes in interest rates can affect the value of the portfolio. The use of derivatives can introduce market risks and potential losses due to counterparty failure. High-grade investment instruments typically have low credit risk, but specific risks associated with the fund require corresponding risk tolerance and capacity. This fund may not be suitable for investors planning to withdraw their money before the recommended holding period.