The Fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. The Fund allocates its investments based upon the analysis of RiverFront Investment Group, LLC (“RiverFront”, or the “Sub-Adviser”) of the pertinent economic and market conditions, as well as yield, maturity, credit and currency considerations. The fund may allocate to various fixed income asset classes, such as high yield, mortgage backed securities and corporate debt, without constraint but is limited to no more than 50% allocation to securities denominated in foreign currencies and no more than 50% allocation in emerging market debt. The average duration of the fund is expected to be between two and ten years, under normal conditions.