Benefits of investing in the AllianceBernstein Dynamic Global Fixed Income Fund

• Higher income: Potential for higher income returns than those paid on traditional cash investments over the long term.

• Active investment and currency management approach: The investment manager uses credit, economic and quantitative research inputs to control risk, identify investment opportunities, enhance returns and actively manage currency exposures.

• Access to investment opportunities: Participation in global fixed income investment opportunities and global markets that may not be accessible to all individual investors.

• Professional management: Access to experienced global AB investment professionals and their investment processes including their proprietary research, asset selection and risk management capabilities.

• Ongoing information: Regular investment statements and annual tax statements to keep you fully informed about your investment.

Risk level

Medium

Investor suitability

The Fund is designed for investors with higher risk tolerances who want to achieve income returns exceeding those of Australian bank bill rates over the long term by investing in global debt or fixed-income securities.

About the Fund

The Fund implements a global, multi-sector strategy, investing in a broad range of debt securities.

The Fund seeks to control risks and enhance returns through currency management. The Fund intends to hedge to Australian dollars most of the foreign currency exposures of its debt and fixed-income securities. However, up to 10% of the Fund's net asset value may be exposed to the risks and returns of international currencies. 

Derivatives may be used to manage risk exposures, invest cash, and gain or reduce investment exposures. Derivatives will not be used for leveraging or gearing purposes.

How we invest your money

The Fund is expected to have an asset allocation of 100% to global debt and fixed income securities and cash. Generally, cash is intended to make up 5% or less of the Fund's assets.

The Fund may hold corporate bonds, government bonds, asset-backed securities, mortgage-backed securities, closed-ended mutual funds (up to 5% of the Fund's assets) and bank loans located anywhere in the world, including developed and emerging countries. Up to 40% of the Fund's assets may be high risk and rated below investment grade.

Derivatives may be used to manage risk exposures and invest cash. They may also be used to gain or reduce investment and currency exposures. Derivatives will not be used for leveraging or gearing purposes.