The assets of the Fund are invested in fixed-income securities, such as bonds and debt securities. Investments denominated in currencies other than the euro are mainly hedged. The credit rating of securities and money market instruments of issuers other than those listed in the Nordic countries must be rated as Investment Grade by at least one internationally recognised rating agency. Notwithstanding this restriction, not more than 20 % of the Fund’s assets may be invested in securities and money market instruments of non-Nordic issuers, which are ungraded or of a weaker credit rating. The Fund is a short-term fixed income fund with active investment activities aimed at achieving optimal long-term yield by dispersing the assets in compliance with the Act on Mutual Funds and the rules of the fund.