First Plus Investment Grade Fixed Income Fund-R
Fixed Income Fund with exposure to foreign market.
The Fund focuses on debt instruments or securities issued and offered in Asia Pacific with investment-grade instrument or issuer ratings, including asset-backed securities (ABS), government and government-related bonds, corporate bonds, deposits or equivalents, fixed income CIS/ETFs, and/or debt-related securities permitted under applicable rules. Total net exposure to debt instruments will be at least 80% of NAV at all times.
Under normal conditions, approximately 80–85% of NAV is expected to be invested in ABS or related debt securities and/or corporate bonds. The remaining 15–20% will be invested in liquid instruments and/or other assets permitted by the SEC. Initially, liquid instruments are expected to account for approximately 10% of NAV.
The Management Company assigns First Plus Asset Management Pte. Ltd. to manage the Fund (Outsource Fund Manager)
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