
The strategy, managed by a team with deep experience investing together, utilizes the full breadth of the firm’s fundamental research capabilities to identify companies across the market cap spectrum in order to exploit inefficiencies resulting in a differentiated portfolio.
Investment Process
Investment Objective:
Seeks to outperform the ICE BofA US High Yield BB-B Index over a full market cycle.
Investment Overview:
An actively managed portfolio of high yield bonds selected through rigorous fundamental analysis focused on cash flow generation allows us to take advantage of inefficiencies in market prices while reducing portfolio risks. We believe our team approach focused on quality companies can generate competitive returns with lower risk than the broader high yield market. In our view, the key to success is to know when a high yield bond of a good company becomes a good high yield bond investment.
Strategy Summary
Additional Information
Characteristics
Performance
* Most recent quarter returns are not annualized. Past performance is not indicative of future results. The value of an investment can go down as well as up as a result of market and currency fluctuations.
Portfolio Characteristics
Performance
* Most recent quarter returns are not annualized. Past performance does not guarantee future results and there is no assurance that the Strategy will achieve its investment objective.
Disclosure
Investing involves risk including the possible loss of principal. The investment capabilities described herein involve risks due, among other things, to the nature of the underlying investments. All examples herein are for illustrative purposes only and there can be no assurance that any particular investment objective will be realised or any investment strategy seeking to achieve such objective will be successful. Please refer to the fund prospectus for more detail on risks. Past performance is no guarantee of future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.