The fund is a strategic bond fund which invests across the fixed income space. These types of funds appeal to those investors looking for fixed income exposure but unsure whether to select corporate or government, investment grade or high yield or perhaps developing vs developed market debt. Effectively this choice is handed to the fund manager.
This fund is in the consistent 50 list which uses a number of measures over a three-year period to identify the best funds across all sectors. This is supported by the performance numbers and the volatility of the fund, which over 12-months is around 1% and over longer periods just over 2%….read more