CF Canlife
Global High Yield
Bond Fund

Canada Life Investments and Putnam Investments have partnered to offer the CF Canlife Global High Yield Bond Fund. The CF Canlife Global High Yield Bond Fund seeks to provide high current income along with the prospect of some capital growth by holding a globally diversified portfolio of high-yielding fixed income securities. The Fund (the 'Feeder Fund') invests in the Putnam Global High Yield Bond Fund (the 'Master Fund') through a master-feeder structure

REASONS TO RECOMMEND

HIGHER INCOME
Low interest rates, low bond yields and rising longevity mean that the hunt for income has become more important than ever. The fund aims to provide a high current income by investing in bonds that pay an attractive yield.

GLOBAL DIVERSIFICATION
The fund is diversified across countries, industries, sectors, companies and credit ratings within the global high-yield universe to help reduce volatility.

EXPERIENCED TEAM
Managed by Putnam Investments, a firm with 75 years of experience investing in credit markets and a long standing capability in high yield. 

FUND PERFORMANCE

Past performance is not a guide to future performance. The value of investments may fall as well as rise and investors may not get back the amount invested. Income from investments may fluctuate. Currency fluctuations can also affect performance. Performance figures are on a bid to bid with net income reinvested basis. Valuations are based on the previous day's prices.

HOW THE FUND IS MANAGED

The high-yield market is characterised by small issuers, complex securities, and a diverse set of markets, economic environments and business cycles. The fund’s managers employ bottom-up fundamental credit research within a top-down framework to identify attractive opportunities arising from inefficiencies in global high-yield fixed interest markets.

Security selection is driven by weighing relative value offered against the potential risk-adjusted returns. The fund is diversified across countries, industries, sectors, companies and credit ratings within the global high yield universe to help reduce volatility.

The team believes generating outperformance over time requires avoiding deteriorating credits, identifying opportunities for capital appreciation, adhering to a stringent risk management process, and actively managing the portfolio’s credit profile from the top down.

SHARE CLASS INFORMATION

Share
Class
ISIN SEDOL ONGOING
CHARGE
FIGURE(OCF)
ANNUAL
MANAGEMENT
CHARGE(AMC)
MINIMUM
INITAL
INVESTMENT*
MINIMUM
TOP UP*
C Acc GB00B9J56009 B9J5600 1.20% 0.75% £100,000 £100
B Acc GB00B975DY55 B975DY5 1.45% 1.00% £500 £100

FUND MANAGERS

IMPORTANT INFORMATION

The CF Canlife Global High Yield Bond Fund (the 'Feeder Fund') invests in the Putnam Global High Yield Bond Fund (the 'Master Fund') through a master-feeder structure. All references to 'the Fund' in this document relate to the underlying Master Fund. CF Canlife Global High Yield Bond Fund permanently invests at least 85% in value of its assets in the Master Fund. It will normally wholly invest in the Master Fund but may at times hold up to 15% in cash or near cash. The Master Fund is a sub-fund of Putnam World Trust, which is an umbrella unit trust and an undertakings for collective investment in transferable securities (UCITS) scheme established and organised under the laws of Ireland.

Interested in this fund and would like to find out more?

Contact our team who will be happy to answer any questions you may have about this fund.

Tel Icon +44 (0)20 7415 6490

Email Icon contactclinvestments@canadalife.co.uk

Contact Us

Do not fill this field

Loader image

Fields marked * are required