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Description

Asset class
Fixed Income
Investment objective
The Fund's investment objective is to provide a high level of current income. Its secondary investment objective is capital appreciation. In pursuing its investment objective, the Fund invests generally in corporate High Yield Bonds, corporate Investment Grade Bonds, Emerging Market Bonds and mortgage and asset backed securities. The proportion of securities held by the Fund within each of these sectors will vary with market conditions and the Investment Adviser's assessment of their relative attractiveness as investment opportunities. The Fund may opportunistically invest in other sectors, including, but not limited to, U.S. government debt, municipal debt and non-corporate credit, in response to market conditions. In addition to the integration of Sustainability Risks as part of the Investment Adviser's investment decision-making process, the Fund also promotes environmental and/or social characteristics through the application of the following binding processes. The Investment Adviser aims to manage a carbon footprint lower than the Fund's selected index level as specified in the prospectus. The Investment Adviser also evaluates and applies ESG and norms-based screening to implement a Negative Screening Policy relating to the Fund's investments in corporate issuers and sovereign issuers.
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
Luxembourg, Singapore, Switzerland
Domicile
Luxembourg

As at 31 July 2024 (updated monthly)
Number of Issuers	497
Fund income yieldNet of withholding taxes and before management fees and expenses, divided by average net assets over the past 12 months.	7.01 %
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.	1.14 %

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Fund Facts

Fund launch date	29 November 2022
Share class launch date	21 December 2022
Fund size	$ 1,090.99m in base currency
Base currency	USD
Dealing frequency	Daily
Dealing cut off time	1:00pm CET on every Valuation Date
Distribution policyAny income generated from a fund is totally or partially distributed to the investor. The frequency and amount distributed may vary depending on the fund.	Distributing
Distribution frequencyThe Board of Directors of the Company intends to recommend that dividends be distributed from distributing classes in accordance with the Prospectus Dividend Policy and as per the frequency disclosed. The dividend payment is not guaranteed.	Monthly
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.	-
Index History	-
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.	1.040 %

Vehicle	SICAV Part 1 (UCITS V)
ISA eligibility	Yes
ISIN	LU2564956279
CUSIP	Not Available
SEDOL	BPRT8W2
Bloomberg	CAPMULB LX
Lipper	68740468
WKN

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Investment team

Xavier Goss Los Angeles3 years with Capital	Damien J. McCann Los Angeles24 years with Capital	Kirstie Spence London28 years with Capital	Scott Sykes New York18 years with Capital
Shannon Ward Los Angeles7 years with Capital