GIS Diversified Income Duration Hedged Fund

ISIN: IE00B5MZQB05

Updated 16 October 2018

  • The Fund may use or invest in financial derivatives.

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  • DAILY NAV (USD)
    10.16
  • DAILY YTD RETURN
    0.94%
  • TOTAL NET ASSETS (USD)
    1,373 MM
    (as of 30/09/2018)
  • TOTAL NET ASSETS (USD)
    1,373 MM
    (as of 30/09/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/05/2011
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/05/2011

Objective

The investment objective of the Diversified Income Duration Hedged Fund is to seek to maximise current yield, consistent with prudent investment management

Overview

Fund Description

The Diversified Income Duration Hedged 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 in both the US dollar and non-US dollar space. The Fund maintains limited duration with an attendant limit in interest rate risk.

Investor Benefits

This Fund offers a 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, currencies, and curve positioning, while the floating rate structure seeks to mitigate interest rate risk.

PRIMARY BENCHMARK

Equally weighted blend of three indices, at constant 0.25 year duration, as calculated by PIMCO: 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 benchmark is an equally weighted blend of the following three indices at constant 0.25 year duration: Bloomberg Barclays Global Aggregate Credit ex Emerging Markets, ICE BofAML BB-B Rated D