The objective of the Fund is to provide a competitive level of income. Capital appreciation is of secondary importance. The investment policy of the Fund is to invest in a portfolio consisting mostly of sterling fixed interest securities. Investment will only be made in securities with a credit rating of �AAA� from Standard & Poor�s and/or Moody�s. The Fund may also invest in other transferable securities, money-market instruments, deposits, cash and near cash, derivatives and collective investment schemes.
Andrew Sutherland (Started: Apr 5, 1999)
Standard Life Investments Ltd.
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