for those seeking an alternative to bonds these funds could be a consideration but they are not bonds but have bond like volatility
With uncertainty over bond returns moving forward, investors are naturally seeking alternative options. Standard Life (SLI) developed their Global Absolute Return Strategies Fund as an alternative investment for their staff pension scheme and then launched it as a retail fund in 2008. The Global Focused Strategies Fund has been developed by the same team but targets a gross return of libor plus 7.5% with increased volatility. It was launched in 2013 so is coming up to its 3rd year anniversary in December.
2015 was a strong year for the fund but some potential investors will be waiting for the three year figures to see if it can achieve its stated aims…(read more)