Description

Asset class
Fixed Income
Investment objective
The Fund's investment objective is to maximise total return over the long term. The Fund invests worldwide primarily in Investment Grade Bonds. The Fund also invests in High Yield Bonds and in other fixed income securities including mortgage- and asset-backed securities. These Bonds will be Bonds of governmental, supranational and corporate issuers denominated in various currencies. The types of mortgage backed securities in which the Fund may invest are Commercial Mortgage-Backed Securities ("CMBS"), Collateralised Mortgage Obligations ("CMO"), Residential Mortgage-Backed Securities ("RMBS") and To Be Announced Securities ("TBA") contracts. The types of asset backed securities in which the Fund may invest include securities backed by loans, leases or receivables, Collateralised Debt Obligations ("CDO") and Collateralised Loan Obligations ("CLO"). The proportion of securities held by the Fund within each of the credit sectors will vary with market conditions and the Investment Adviser's assessment of their relative attractiveness as investment opportunities. These are usually listed or traded on other Regulated Markets. Unlisted Bonds may also be purchased.
Share class explanation
Available to Distributors who are directly compensated by investors through separate fee arrangements, and are not allowed to accept and keep trail commissions, either due to regulatory restrictions such as EC Directive 2014/65/EC as amended (commonly referred to as “MiFID II”) or similar laws and regulations or on the basis of contractual arrangements. No initial investment and minimum amount is required to invest. Also available to Capital Group Investors subject to conditions established from time to time by Capital Group. A sales charge up to 5.25% may be withheld by Distributors and other Intermediaries, or by the Management Company, from any amount to be invested in Shares (a switch from one Fund to another is deemed a sale for this purpose).
Countries registered
Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, United Kingdom
Domicile
Luxembourg

As at 30 September 2024 (updated monthly)
Number of Issuers398
Yield to worst-
4.88 %
Total expense ratioA measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and additional operating expenses, such as custody, fund administration, legal, fund registration, regulatory services and auditor fees, and other related operational expenses. Data is likely to evolve over time and does not constitute a commitment from the management company. Past results are not a guarantee of future results.
0.65 %

Fund Facts

Fund launch date17 September 2020
Share class launch date17 September 2020
Fund size$ 208.52m
in base currency
Base currencyUSD
Dealing frequencyDaily
Dealing cut off time1:00pm CET on every Valuation Date
Distribution policyAny income generated from a fund is automatically invested back into it and reflected by an increase in the share price.
Accumulating
IndexThe information in relation to the index is provided for context and illustration only. This fund is an actively managed UCITS. It is not managed in reference to a benchmark index.
—
Management fee (pa.)The charges that are collected by the management company in order to compensate the Investment Advisers for their investment advisory services, as well as, where applicable, Distributors and other intermediaries, for services to investors or similar services in relation to investments made with their assistance. Additionally, entry charges may apply according to provisions described in the Prospectus.
0.550 %
VehicleSICAV Part 1 (UCITS V)
ISA eligibilityYes
ISINLU2177478729
CUSIPNot Available
SEDOLBNC17D3
BloombergCATRZER LX
Lipper68621869
WKNA2QCMM

Investment team

Andrew A. Cormack

London5 years with Capital

Philip Chitty

London20 years with Capital

Shannon Ward

Los Angeles7 years with Capital

Risk profile

Synthetic Risk Indicator (SRI)

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Lower riskHigher risk
The risk indicator assumes you keep the product for 5 years. The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 3 out of 7, which is a medium-low risk class. This figure rates the likelihood of losing money in the future, based on the Net Asset Value of this Share Class over the last ten years as a medium-low risk. Be aware of currency risk. If you select a foreign currency share class, you will be exposed to currency risk, receive payments in a different currency to your local currency and your final return will depend on the exchange rate between these two currencies. This risk is not considered in the indicator shown above.