Domiciled in Luxembourg, the fund is Ucits compliant and is well diversified across rates, spreads and foreign exchange.
The fund has a flexible and benchmark-unconstrained approach which targets positive returns while helping to protect the fund against rising rates. It can invest across all fixed income sectors in both developed and emerging markets. Economic forecasting does not form part of the investment process.
The fund is being managed by Andres Sanchez Balcazar, senior investment manager and co-head of global and regional bonds. He is supported by three other investment managers.
“We identify long-term themes that are based on facts and are quantifiable. Our aim is to build a robust portfolio that is liquid, well diversified and independent of a single scenario or forecast,” Balcazar said.
He added that after three decades of falling interest rates, bond investors would do well to look at an approach to bond investing that is not tied to a fixed income benchmark and can invest globally across all sectors.
The fund was launched on 12 December 2013. It is available in dollar, euro and swiss franc share classes.
