| Credit risk: Investment in bonds or other fixed income securities are subject to the risk that issuers not make payments on such securities. An issuer suffering from an adverse change in its financial condition could lower the quality of a security leading to greater price volatility on that security.Risk of investing in high yield bond:The Fund may invest in high yield bonds which involve substantial risk. High yield bonds are regarded as being predominately speculative as to the issuer’s ability to make payments of principal and interest. Issuers of high yield debt securities may be highly leveraged and may not have available to them more traditional methods of financing. An economic recession may adversely affect an issuer’s financial condition and the market value of high yield debt securities issued by such entity. Interest rate risk:The bonds or fixed income securities that the Fund invests in may fall in value if the interest rates change. Longer term debt securities are usually more sensitive to interest rate changes. Risk of investing in developing markets:Investing in emerging markets including Russia involves certain risks such as higher price volatility, less publicly-available information, liquidity and regulatory risk. Investment risk:There can be no assurance that the Fund will achieve its investment objective. There is no guarantee of the repayment of principal. The instruments invested by the Fund may fall in value. An investment in this Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors. |