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Global Short Duration Income Opportunities Fund

An absolute return strategy that takes advantage of flexibility to express high-conviction active views through a macro lens

Overview

US National Day of Mourning for President Carter – non-dealing day in this fund

Please note we are declaring an additional non-dealing day for this fund. A non-dealing day will be in place on Thursday 9 January 2025, with dealing resuming on Friday 10 January 2025. This is due to the US National Day of Mourning for President Carter, which will see the New York Stock Exchange closed for the day.

INVESTMENT OBJECTIVE

This opportunistic bond fund seeks to achieve long-term positive returns in diverse market environments over full market cycles. The fund invests broadly across global fixed income markets and is not constrained by benchmark-specific guidelines. The unconstrained nature of the strategy allows us to fully express our high-conviction active views and avoid areas of the market where we see greater downside risk.

ABOUT THIS FUND

  • The ability to invest broadly across global fixed income markets while not being constrained by benchmark-specific guidelines
  • Seeks to maximise total returns regardless of market conditions
  • Historically, has provided diversification from traditional and non-traditional asset classes

Portfolio Management

Daniel Siluk

Head of Global Short Duration & Liquidity | Portfolio Manager

Industry since 2004. Joined Firm in 2015.

Addison Maier

Portfolio Manager

Industry since 2011. Joined Firm in 2011.

Dylan Bourke, CFA

Portfolio Manager

Industry since 2009. Joined Firm in 2015.

Performance

Portfolio

Top Holdings (As of 31/07/2025)
% of Fund
Janus Henderson Asset-Backed Securities Fund Z Acc USD Hedged (Long) 1.94
NRG Energy Inc 2.45 12/02/2027 (Long) 1.73
Commonwealth Bank of Australia 6.903 11/09/2032 (Long) 1.50
Janus Henderson Tabula EUR Aaa Clo Ucits Etf (Long) 1.42
Regal Rexnord Corp 6.05 02/15/2026 (Long) 1.39
Royal Caribbean Cruises Ltd 5.5 04/01/2028 (Long) 1.35
Citadel Securities Global Holdings LLC 5.5 06/18/2030 (Long) 1.34
Hess Midstream Operations LP 5.875 03/01/2028 (Long) 1.32
Connecticut Avenue Securities Series 2025-R01 5.84967 01/25/2045 (Long) 1.32
Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 6 03/01/2027 (Long) 1.31
TOTAL -
Sector Allocation % of Fund % of Fund As of 31/07/2025
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 31/07/2025
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of 31/07/2025
Country/Geographic Exposures % of Fund % of Fund As of 31/07/2025
Regional Allocation % of Fund % of Fund As of 31/07/2025

Documents