This is an income fund which invests in a variety of bonds including corporate bonds,treasury bonds and other fixed income securities, minimizing the risk involved with investing directly in bonds.

It allows for immediate liquidity, giving an edge over bonds in the market which are not easily disposed off. The income fund looks to achieve a reasonable level of current income with maximum stability for the capital invested. 

The Fund is suitable for investors seeking a regular income from their investment

periodically, ideally after a 2 – 3-year period.