The fund aims to provide income with the potential for capital growth through an actively-managed portfolio of short-duration bonds issued by US corporations, and in some cases, foreign issuers. Although the fund focuses on investment grade securities, it does invest in some high yield corporate bonds. Security selection involves identifying investment opportunities based on companys credit and industry analysis. Through this analysis, the fund sub-advisor seeks to target those with the likelihood of competitive rates of return while at time same time mitigating interest rate risk. The sub-advisor also considers ESG factors if deemed applicable to the investment decision.