The Fund's investment objective is to generate absolute total rates of return generally in the credit market regardless of economic and market conditions including the level of defaults experienced in the credit market and the general direction of interest rates. It is intended that the Fund will seek to achieve its investment objective primarily through investment in credit instruments listed or traded on Regulated Markets globally, including but not limited to, corporate and/or government bonds, debt securities and obligations (which may be either fixed or floating), whether senior or subordinated and loans by way of a participation interest, which will be securitised and freely transferrable. Investment in loans may also include collateralised loan obligations, collateralised debt obligations and / or collateralised mortgage obligations.