In seeking to meet its investment objective, the Caribbean High Interest Fund may invest in any type of security or instrument whose investment characteristics are consistent with its investment policy.
Within this broad structure, investment decisions reflect the Manager�s outlook for interest rates and the economy as well as the prices and yields of the various securities. For example if rates are expected to fall, the manager may seek longer-term securities that would provide higher yields and potential for capital appreciation. The Fund may also invest in other securities in keeping with the objective.
The Fund may buy or sell holdings for a variety of reasons, such as to adjust the portfolio�s average maturity or quality or to shift assets into higher-yielding securities.