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 for individual investors investing either with the assistance of Distributors or directly. No initial investment and minimum amount is required to invest. 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 31 October 2023 (updated monthly)
Number of Issuers360
Fund income yieldNet of withholding taxes and before management fees and expenses, divided by average net assets over the past 12 months.
4.30 %
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.
1.20 %

Fund Facts

Fund launch date17 September 2020
Share class launch date08 July 2022
Fund size$ 128.95m
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.
1.100 %
VehicleSICAV Part 1 (UCITS V)
ISA eligibilityYes
ISINLU2496650297
CUSIPL1407Q353
SEDOLBPLG4W1
BloombergCATRBUS LX
Lipper68718322
WKNA3DQ7X

Investment team

Andrew A. Cormack

London4 years with Capital

Philip Chitty

London19 years with Capital

Shannon Ward

Los Angeles6 years with Capital

Risk profile

Synthetic Risk & Reward Indicator (SRRI)

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Lower riskHigher risk
Potentially lower rewardsPotentially higher rewards
The Synthetic Risk & Reward Indicator (SRRI) is a measure of the overall risk and reward profile of a fund. Funds are categorised on a scale from 1 to 7 where 1 is the lowest risk and 7 is the highest. Typically, the SRRI is derived from the volatility of the past returns over a five year period. Historical data, such as is used in calculating this indicator, may not be a reliable indication for the future. The risk category shown is not guaranteed and may shift over time. The lowest category does not mean risk free. The SRRI is featured in the Key Investor Information Document (KIID).