Risk Considerations
- The Fund is actively managed and invests mainly in a diversified portfolio of debt securities of all types from issuers around the world including emerging markets, and is not subject to any limitation on the portion of its net asset value that may be invested in any one country or region.
- Investment in the Fund involves risks, including general investment risk, currency risk, exclusion criteria risk and geographic concentration risk which may result in loss of a part or the entire amount of your investment.
- The investment in debt securities is also subject to credit/counterparty risk, interest rate risk, volatility/liquidity risk in emerging markets, downgrading risk, credit rating risk, risk associated with high yield debt securities which are generally rated below investment grade or unrated, risk associated with collateralised and/or securitised products, sovereign debt risk, risk associated with investments in debt instruments with loss-absorption features and valuation risk.
- The Fund may use derivatives (including OTC derivatives and exchange-traded derivatives) for hedging, efficient portfolio management and investment purposes or to create synthetic short positions in currencies, debt securities and credit indices, and is subject to derivatives risk. The Fund may also have a high leverage exposure and may implement active currency, interest rate and credit derivative positions and is subject to relevant risks. Exposure to derivatives may also lead to a risk of significant loss to the Fund.
- The value of the Fund can be volatile and could go down substantially.
- Investors should not invest in the Fund solely based on this website.
Investment involves risk. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.
SICAV
Global Aggregate Bond Fund
An actively managed portfolio of holdings of between around 400 and 600 issuers that seeks to exploit inefficiencies in the full universe of the global fixed income and currency markets. Environmental, Social and Governance (ESG) considerations are integrated into the investment process as a component of the investment decision. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU0133095157
FACTSHEET
KFS
Quentin Fitzsimmons is a senior portfolio manager in the Fixed Income division and a member of the Global Fixed Income investment team. He is co-portfolio manager of the Dynamic Global Bond and Global Aggregate Bond strategies.
Overview
Strategy
Fund Summary
Our approach is to aim to generate consistent performance over the benchmark through a focus on successful alpha generation and effective risk management. The team use bottom-up market fundamental, valuation, and technical analysis to identify opportunities. These are then narrowed down by comparing them within an explicit risk/reward framework. The promotion of environmental and/or social characteristics is achieved through the fund's commitment to maintain at least 10% of the value of its portfolio invested in Sustainable Investments, as defined by the SFDR. Additionally, we apply a proprietary responsible screen (exclusion list). The manager is not constrained by the fund’s benchmark, which is used for performance comparison purposes only.
