Business Description
This fund focuses on U.S. Treasury securities and related exchange-traded funds, concentrating on those that generate regular interest income. It aims to keep the overall sensitivity of its holdings to interest rate changes relatively low, targeting an average duration of two years or less, though individual securities may have longer maturities. Up to a quarter of the fund's assets may be placed into a Cayman Islands-based subsidiary, which allows the fund to participate in options markets.
