Bestinvest says
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The fund’s objective is to achieve capital growth and income by investing in local currencies and bonds of issuers in worldwide emerging countries. To achieve the investment objective, investments may also be made in bonds issued by governmental, quasi governmental and corporate issuers, in credit linked notes and in financial derivative instruments such as futures, options, swap contracts, swaptions, forward currency exchange contracts, foreign exchange OTC options and credit default swaps, each of which may be traded either through recognized exchanges or via the over-the-counter market.