Експат Глобални Облигации

provides for the preservation of the value of investments and the realization of gains primarily from current income (coupon payments) from debt securities and other fixed income financial instruments. The selection of financial instruments in its portfolio is guided by the investment mandate, and the MC consistently applies the top-down approach of identifying and analyzing prospective sectors in the relevant target country from the list below and the bottom-up approach of selecting specific issuers according to their financial condition, development trends, management and corporate governance, and credit history. The solvency of a company or a country is the guiding criterion in making an investment decision, rather than seeking to structure a portfolio with participation from all countries in which the Fund focuses, with weightings according to the size of the country's GDP. The Fund