The mandate is to invest in a portfolio of investment-grade bonds that are not denominated in U.S. dollars. The main holdings are issues from Japan, France, Germany, Italy, and the U.K. All but a small fraction of the bonds are investment-grade (BBB or higher) so credit risk is minimal.
Income Investor
The fund is coming off a very strong year, with a 12-month gain of 9.89% to Nov. 30. The three-year average annual compound rate of return is 4.89%. - Gordon Pape
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Interactive Performance Chart
IAGG was first recommended here on November 27, 2017