Policy

The Fund is a feeder fund investing mainly in the investment units of GAM Star Credit Opportunities (USD) (the Master Fund) Class Institutional USD Accumulation. The Master Fund aims to achieve capital gain in US Dollars through investment principally on a worldwide basis in income bearing or accruing securities with fixed principal amounts including government bonds, corporate bonds, junior debt securities, preferred shares, convertible securities and contingent capital notes including both fixed interest and floating interest rate instruments. Such instrument may have dated or undated maturities and need not to be rated as investment grade as defined by Standard & Poor’s or an equivalent rating agency. The Master Fund may invest in securities with investment grade credit rating not less than 40% of the NAV. The Fund may invest in investment units of mutual funds under management of SCBAM not exceeding 20% of NAV.
The Fund may consider investing in derivatives for purposes of enhancing the efficiency of portfolio management and/or hedging exchange rate risk which depends on fund manager’s discretion.

Fund Type

ForeignInvestment Funds

Sub Type of Fund

Mixed Fund

Registered Fund Capital

10,000 Million

Fund Registration Date

27 Mar 2018

Maturity Date

N/A