The fund employs a top-down investment approach that starts with establishment of strategic asset class allocation based on the investment outlook, which is updated quarterly or earlier. Stock selection is done by employing the equities investment strategy. This includes assessing qualitative and quantitative trading strategy factors while assessing risk from a company, industry and market perspective. Bond selection is done by assessing the overall economic environment and its likely effect on interest rates, the level and direction of rates and shape of the yield curve. Thereafter, determine the optimal allocation on the different categories of bonds. Active Management through regular rebalancing ensures that the fund is well positioned to achieve stable returns.