The investment seeks to provide a high level of current income; capital appreciation is a secondary objective. Under normal circumstances, the fund seeks to achieve its investment objectives by investing, directly or indirectly through a wide range of investment vehicles (“underlying funds”), at least 80% of its net assets (plus any borrowings for investment purposes) in investments that are, in the Investment Manager’s assessment, consistent with the fund’s impact investing framework at the time of investment. It is non-diversified.