CFS FC W Pen-Brandywine Gbl Income Opti

The strategy seeks to balance income with the pursuit of total return based on the prevailing market environment. It aims to provide an attractive and stable income by investing across diverse sources of income in global fixed income markets. The option has a strong focus on protecting capital and to limit downside risk by rotating risk across different sectors and through tactical hedging of credit and interest rate risk. The option aims to be at least 85% hedged to Australian dollars and can implement short positions via derivatives.