Objective Lakeland seeks to provide high total return.
Strategy/Investment process · Invests in a wide range of debt and equity securities that have the potential to provide a high total return over time. In securities of issuers located anywhere in the world, including emerging markets across sectors and regions.
· Uses a bottom-up approach that combine’s proprietary investment research and it’s relationships across many firms to decide when and where to commit capital.
· Derivatives may be used as substitutes for securities to manage duration; sector and yield curve exposure and credit and spread volatility.
· Up to 35% of the net assets may be invested in securities rated below investment grade (junk bonds) including distressed debt.
· Selects investments by analyzing both individual securities and different market sectors within broader interest rate, investment and sector themes.
· Offers broad diversification across asset classes.
· Invests at least 40% in countries other than the U.S.
