Nomura Fd.(IE) US High Yield Bd.I GBP/  IE00B3RW8274  /

The fund aims to achieve income and capital growth by investing primarily in bonds (which are like loans that can pay a fixed or variable rate interest rate) issued mainly by companies in the US and Canada. The fund shall invest primarily in U.S. Dollar denominated debt and debtrelated securities issued principally by entities in the United States including corporations, limited liability companies or limited partnerships and other forms of enterprise and in sovereign, quasi-sovereign and supranational debt and debt-related securities. The fund will normally invest at least 80% of its value in bonds that have ratings lower than investment grade, as defined by international agencies that provide such ratings, these may offer a higher income but also carry greater risk. Up to 25% of the value of the fund may be invested outside the US and Canada.

The fund aims to achieve income and capital growth by investing primarily in bonds (which are like loans that can pay a fixed or variable rate interest rate) issued mainly by companies in the US and Canada.