The Fund is a truly global, actively diversified, all-weather investment choice. It is designed as a yield enhancement solution that seeks to offer capital preservation, liquidity and a relatively high degree of price stability.
Why invest in short-dated bonds?
Attractive return potential
Higher yield over cash with moderate risk
Supportive backdrop
Loosening central bank policy provides a positive environment for short-dated credit
Seeking lower risk
Positive index returns in the last 27 out of 28 years [1]
Why invest in our Fund?
Enhanced yield potential
Superior yield compared to cash
Price stability
Average credit quality of A-
Advanced liquidity
T+1 redemptions
Investment objective
The Fund aims to achieve a combination of income and growth, whilst also aiming to provide liquidity and avoid loss of capital, by investing in bonds with a maturity of up to 5 years. The Fund aims to achieve a yield in excess of the Bloomberg Global Corporate Aggregate 1-3 Year Index (USD Hedged) over rolling three-year periods (before charges).
Risks:
- The Fund invests in securities which are subject to the risk that the issuer may default on interest or capital payments.
- The Fund price can go up or down daily for a variety of reasons including changes in interest rates, inflation expectations or the perceived credit quality of individual countries or securities.
- The Fund invests in high yielding bonds which carry a greater risk of default than those with lower yields.
- The Fund invests in emerging market equities and / or bonds. Investing in emerging markets involves a greater risk of loss than investing in more developed markets due to, among other factors, greater political, tax, economic, foreign exchange, liquidity and regulatory risks.
- Convertible securities are investments that can be changed into another form upon certain triggers. As such, they can exhibit credit, equity and fixed interest risk. Contingent convertible securities (CoCos) are similar to convertible securities but have additional triggers which mean that they are more vulnerable to losses and volatile price movements and hence become less liquid.
Fund information
Explore the Fund information, pricing and performance details.
Mark Munro
Portfolio Manager
“Our goal is to help investors maximise the yield and return potential of their liquid allocations while limiting volatility and minimising losses.”
Mark Munro
Portfolio Manager
Hear from the Fund manager
Mark Munro explains why the Short Dated Enhanced Income strategy could be worth considering for investors looking for a stable ‘step out of cash’ solution.
Key documents
[1] ICE BofA 1-3 year Global Corporate Index, 31 December 2024.
