Strategy

Seeks capital growth by:

Investing over a rolling 5 year period in an actively managed portfolio of global bonds denominated in, or hedged back to, Sterling.
Investing at least 80% of the Fund's total value in global bonds across different types of bond securities.
The Fund may also invest up to 20% of its value in money markets instruments, deposits, cash and near cash, and up to 10% of its value in Collective Investment Schemes (including other funds managed by the Investment Manager).

Portfolio Management Team

Investment Risks to Consider

These and other risks are described in the Portfolio's prospectus

Investment in the Portfolio entails certain risks. Investment returns and principal value of the Portfolio will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Portfolio include:

Credit risk: The risk that issuers or counterparties may not be able to meet interest payments or repay the capital borrowed. A default by the issuer may impact the value of the Portfolio
Currency risk: Investments may be denominated in one or more currencies which are different from the Fund's base currency. Currency movements in the investments may significantly affect the net asset value of the Fund.
ESG investing risk: The Sub-Funds may use certain ESG criteria in their investment strategies. This can limit the types and number of investment opportunities available to the Sub-Funds and this may mean the fund underperforms in relation to other funds that do not have an ESG focus.
Fixed-income securities risk: The value of these investments will change in response to fluctuations in interest rates and currency exchange rates, as well as changes in the credit quality of the issuer. Also, medium, lower and unrated securities may be subject to wider fluctuations in yield and market values than higher-rated securities.
Interest-rate risk: As interest rates rise, bond prices fall and vice versa; long-term securities tend to rise and fall more than short-term securities.
Liquidity risk: The risk that arises when adverse market conditions affect the ability to sell assets when necessary. Reduced liquidity may have a negative impact on the price of the assets.

Fund Literature

This is a marketing communication. This information is provided by AllianceBernstein Limited, 60 London Wall, London, EC2M 5SJ. Registered in England, No. 2551144. AllianceBernstein Limited is authorised and regulated in the UK by the Financial Conduct Authority (FCA - Reference Number 147956). It is provided for informational purposes only and does not constitute investment advice or an invitation to purchase any security or other investment. The views and opinions expressed are based on our internal forecasts and should not be relied upon as an indication of future market performance. The value of investments in any of the Funds can go down as well as up and investors may not get back the full amount invested. Past performance does not guarantee future results. This information is directed at Professional Clients only and is not intended for public use.