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||19/05/21 to 19/05/22
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
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Our view on this fund
features funds our analysts believe have the potential to outperform their peers over the long term.
If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are
thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start.
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The Fund aims to achieve a high level of income diversifying across global bond and credit markets. The Fund intends to invest primarily in the following asset classes: debt securities to include corporate or government bonds with fixed or variable interest, investment or below investment grade, mortgage-backed and other asset-backed securities, senior and subordinated financial debt, convertible securities (bonds that can be converted into shares), contingent convertible instruments (e.g. CoCo Bonds) (bonds that can be converted into shares or its principal amount may be written down if a pre-specified trigger event occurs), hybrid securities (a security which combines both debt and equity characteristics), Tier 1 and upper and lower Tier 2 securities (which are forms of bank capital), and trust preferred securities (a type of hybrid security). Although the Fund will primarily invest in the asset classes listed above, it may also invest in certain other asset classes including equity and equity-related securities, exchange traded funds and ancillary liquid assets in order to increase portfolio diversification and improve liquidity. The Fund may also enter into financial derivative instruments (FDI) which may embed leverage or embed a derivative component for investment, efficient portfolio management and hedging. Such FDI include swaps, contracts for difference (CFDs), options, futures, forwards, and commodity index futures and total return swaps on commodity indices which meet the requirements of and have, where necessary, been cleared by the Central Bank of Ireland.The Fund may invest substantially all of its assets in deposits with credit institutions (or other ancillary liquid assets) during periods of high levels of market movement (volatility).