City Merchants High Yield : CMHY

City Merchants High Yield’s objective is to seek to obtain both high income and capital growth from investment predominantly in high-yielding fixed-interest securities. City Merchants High Yield seeks to provide a high level of dividend income relative to prevailing interest rates through investment in fixed-interest securities, various equity-like securities within fixed-income markets and equity-linked securities such as convertible bonds, and direct equities that have a high income yield. It seeks also to enhance total returns through capital appreciation generated by investments which have equity-related characteristics.