GIS Diversified Income Fund

ISIN: IE00B1D7YK27

Updated 14 June 2019

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  • DAILY NAV (USD)
    22,03
  • DAILY YTD RETURN
    8,15%
  • TOTAL NET ASSETS (USD)
    7.896 MM
    (as of 31/05/2019)
  • TOTAL NET ASSETS (USD)
    7.896 MM
    (as of 31/05/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    11/09/2006
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    11/09/2006

Objective

The investment objective of the Diversified Income Fund is to seek to maximise total return, consistent with prudent investment management

Overview

Fund Description

The Diversified Income Fund provides efficient access to broad global credit market exposure by investing primarily in a diversified pool of corporate and emerging market fixed income securities of varying maturities. The Fund holds both non-US dollar denominated fixed income securities and nonUS dollar currency positions

Investor Benefits

This Fund offers a potentially higher yielding alternative to core fixed income portfolios and low correlation to US, Japanese and German government interest rates

The Fund Advantage

The fund benefits from a diversified approach to macroeconomic views on credit trends, interest rates, duration, currencies and curve positioning.

PRIMARY BENCHMARK

1/3 each - Bloomberg Barclays Global Aggregate Credit ex Emerging Markets, USD Hedged; ICE BofAML BB‑B Rated Developed Markets High Yield Constrained Index, USD Hedged; and JPMorgan EMBI Global, USD Hedged

PRIMARY BENCHMARK DESCRIPTION

The Bloomberg Barclays Global Aggregate Credit ex Emerging Markets (USD Hedged) provides a broad-based measure of the global developed markets investment-grade fixed income markets. The ICE BofAML BB-B Rated Developed Markets High Yield Constrained Index (USD Hedged) tracks the performance of below investment grade bonds of corporate issuers domiciled in developed market countries rated BB1 through B3, based on an average of Moody's, S&P and Fitch. Qualifying bonds are capitalization-weighted provided the total allocation to an individual issuer (defined by Bloomberg tic