The fund is actively managed and seeks a high total return through investments primarily in global bonds and debt securities, including derivatives. It aims to invest at least 80% of its assets in these securities, with a significant portion in investment-grade bonds and up to 25% in junk bonds. The fund also invests substantially in issuers outside Canada and the US, including developing countries. It has obtained regulatory relief to invest in government-issued or guaranteed debt securities. The fund's total return includes interest income, market value changes, and currency value changes. It may invest in cash and cash equivalents or money market instruments under certain conditions. The fund may also enter into securities lending agreements to enhance returns.