With their attractive yields, corporate bonds are often suitable as core holdings for investors. The fund aims to provide investors with a meaningful level of income, above inflation, through investment in companies founded on lasting financial strength.
HIGH QUALITY ASSETS
The fund focuses on investment-grade corporate bonds and targets companies with higher credit ratings and liquidity in order to achieve consistent returns and to minimise risk.
The fund is actively managed and well diversified, with the main aim being to offer a fund that takes a conservative approach and is low in volatility relative to the benchmark.
EMPHASIS ON CAPITAL PRESERVATION
With its lower-risk approach, the fund is managed with a long-term outlook and a focus on capital preservation. The managers review the portfolio and the bond universe regularly, and are free to diverge from the benchmark in order to achieve their objectives.
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.
Bill Harer and Mike Count use their considerable experience to invest in high quality fixed interest assets. They look to achieve an attractive yield in the portfolio while maintaining an emphasis on capital preservation, using the firm's resources and team of credit analysts to select securities that offer the best long-term value.
The fund is diversified across sectors, an essential component of risk management. The managers do not attempt to index-match, but are aware of the fund’s sector allocations versus the index. Within each sector, they seek the best-value companies, reviewing valuations against their peers, past issues and against their outlooks and credit ratings.
They have the flexibility to hold some exposure to UK gilts or cash within the fund if it is felt there is insufficient value in the corporate bond market.
Head of Fixed Income - Credit Research & UK Linked Funds
Bill joined Canada Life Investments in 1982. He leads the team of credit analysts, manages the Index-linked Life and Pension Funds, and is joint manager of the LF Canlife Corporate Bond Fund.
Prior to joining Canada Life Investments, Bill spent five years in stock broking research. He holds an MA in Politics, Philosophy & Economics from Oxford University, and is an Associate of the CFA Society of the UK.
Senior Fund Manager, Fixed Income
Michael joined Canada Life Investments from university in 2004 as a credit analyst and was promoted to fund manager in October 2007.
Michael holds an MA in Maths and Management Studies and a Postgraduate Diploma in Computer Science and Economics from Cambridge University. He is a CFA charterholder and a member of the CFA Society of the UK.
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.
+44 (0)20 7415 6490
INVESTOR SERVICES AND DEALING TEAM
T: 0345 606 6180 (Mon-Fri, 08:30 - 17:30)
Dealing: Select Option 1
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CANADA LIFE INVESTMENTS HEAD OFFICE
T: +44 (0)20 7415 6490