Quarterly update
Watch the investment team recap this quarter.
Note: Filmed in April 2022
INVESTMENT OBJECTIVE
This dynamic core bond fund utilises a bottom-up, fundamentally driven investment process and dynamic sector allocation, with the aim of generating risk-adjusted outperformance through individual security selection, while seeking to preserve capital over time.
The Fund’s investment objective is to obtain maximum total return, consistent with preservation of capital.
The Fund will normally invest up to 80% of its net asset value (but at all times not less than two thirds of its net asset value) in income producing securities of US issuers. The Fund may invest in preferred stock, and all types of government securities and debt securities. No more than 10% of the net asset value of the Fund may be invested in securities traded on any one developing market and the aggregate amount of the Fund which may be invested in securities traded on the developing markets is 20% of the net asset value of the Fund.
The Fund’s investment objective is to obtain maximum total return, consistent with preservation of capital. Total return is expected to result from a combination of current income and capital appreciation, although income will normally be the dominant component of total return.
The Fund pursues this objective by normally investing up to 80% of its net asset value, but at all times not less than 67% of its net asset value in income producing securities of US issuers. The aggregate amount of the Fund which may be invested in securities traded on the developing markets is 10% of its net asset value.
The Fund may invest in preference shares and all types of government securities and debt securities.
The Fund may invest up to 35% of the net asset value in Debt Securities or preference shares rated below investment grade or unrated Debt Securities of similar quality.
ABOUT THIS FUND
- Culture of collaboration, global integration and respectful challenge with a research-first mentality.
- Disciplined investment process targets repeatable performance utilizing our structural foundation as a better starting point.
- Bottom-up idea generation across a diverse set of return sources, incorporating dynamic allocation through market cycles.
