Objective of a Carry Trade

A carry trade involves borrowing in a currency with a low interest rate and investing in a currency with a higher interest rate. Investors seeking to profit from this strategy often monitor the fluctuations in exchange rates and interest rate differentials.

Consider an investor who borrows Japanese yen (JPY) at an interest rate of 0.5% and invests in Australian dollars (AUD) that offer an interest rate of 5.0%. This scenario presents an opportunity for the investor to earn a profit from the interest rate differential while being exposed to currency exchange rate risks.

From the context provided, what is the primary objective of the investor engaging in this carry trade?