AB US High Yield Portfolio - A2(USD) ACC
US High Yield fund invests primarily in US corporate and government bonds, intending to gain high risk-adjusted returns. The fund invests at least 2/3 of total assets in US corporate issuers and at least two-thirds of investments in high yield debt and related derivatives. The fund has limited exposure to non-USD denomination and uses advanced quantitative techniques to achieve high returns in the bullish market and protect value in the bearish market.
PIMCO Capital Securities E (USD) ACC
The PIMCO GIS Capital Securities Fund provide diversified exposure to high yield capital securities issued by banks, insurance companies and other financial companies. The fund is an actively managed portfolio that invests primarily in Tier 1, Tier 2 and other “CoCo” bonds. It incorporates fundamental approach along with macroeconomics and bottom-up selection process. The fund is diversified broadly across industries, issuers, and regions.
Pimco Diversified Income E ACC Fund
The Diversified Income Fund provides efficient access to broad global credit market exposure by investing primarily in a diversified pool of corporate and emerging market fixed income securities of varying maturities. The fund benefits from a diversified approach to macroeconomic views on credit trends, interest rates, duration, currencies, and curve positioning. It offers a potentially higher yielding alternative to core fixed income portfolios and low correlation to US, Japanese and German government interest rates.
AB American Income Portfolio
American Income fund is an actively managed highly diverse (1,200+ holdings) portfolio of USD fixed income securities with a 20+yr track record. The fund dynamically balances exposure between high-yield emerging markets for better returns and high-quality government bonds for more stability. However, 50% of the portfolio will be Investment Grade or better and most of the investments US centric (at least 65%). The fund may also use derivatives up to 50% of portfolio value for risk management.
UBAM Hybrid Bond A (USD) ACC A
UBAM Hybrid Bond is an actively managed portfolio investing in subordinated debt issued by financial and non-financial issuers. The key focus is on additional Tier 1 debt (AT1 – “CoCo” bonds) issued by systemic European banks with a Minimum rating of B-. The fund may be 100% allocated to AT1, though current allocation is below 85%. The depth of the investment universe allows for active management of the allocation across regions, sectors, issuers and tranches of the capital structure. The portfolio is well diversified across 118 holdings with an average rating of BB+. The modified duration of the overall portfolio is 2 years and is actively hedged month-on-month, based on the global interest rate outlook. The non-USD currency exposure is fully hedged. The weighted credit spread duration is around 4.3 years and yield to call is 3%. Given the complex nature of hybrid instruments such as AT1/ CoCo instruments the fund is for moderate risk appetite investors with a medium term horizon.
Pimco Income Class E (USD)
The primary investment objective of the Fund is to seek high current income, consistent with prudent investment management. Long-term capital appreciation is a secondary objective. This fund is designed for investors who seek steady income: it takes a broad-based approach to investing in income-generating bonds. The fund taps into multiple areas of the global bond market, and employs PIMCO’s vast analytical capabilities and sector expertise to help temper the risks of high income investing. This approach seeks to provide consistent income over the long term.
Pimco Global High Yield Bond E ACC Fund
The Global High Yield Bond Fund is an actively managed portfolio that invests primarily in developed markets upper tier high yield corporate bonds, with a maximum of 20% of its assets in securities rated lower than B. The fund is diversified broadly across industries, issuers, and regions based on PIMCO’s top-down and bottom-up processes. This fund offers compelling diversification benefits and the opportunity to gain exposure to different sectors of the economy.
AB Emerging Market Debt Portfolio - A2 ACC
Emerging Markets Debt portfolio invests in fixed income securities from issuers in emerging and developing countries. While two-thirds of assets are invested in quasi-sovereign and sovereign debt, a significant portion of these may be below investment grade and in non-USD currencies. The fund has a low correlation with other asset classes and may experience high risk & volatility due to currency fluctuation, political and economic instability.
Pimco Global Bond E ACC Fund
The Global Bond Fund is a diverse, actively managed portfolio of global fixed-income securities seeking to maximise total return. The average duration of the fund will normally vary within +/-3 years of the benchmark. The fund’s extensive global opportunity set of investment grade bonds denominated in major world currencies can offer diversified sources of returns, benefiting from the manager’s views on interest rates, currencies, credit and country trends.
LionGlobal Short Duration Bond
The Short Duration fund is a low-cost SGD bond fund with a defensive (low duration) positioning of between 1-3 years. It is benchmarked to the 12mth SGD Interbank Offer Rate (SIBOR) – 0.25% and is suitable for investors looking for a Fixed Deposit equivalent. It is managed from a SGD perspective with majority of securities being SGD denominated or SGD Hedged. There is no target industry or sector and while they may invest in sub-investment grade securities, the portfolio credit rating is maintained at BBB or better. Given liquidity preference, most of the bonds tend to be in the Financial or Real Estate sectors. Why this Fund ?
- 1. Suitable for investors looking for Fixed Deposit equivalent with a horizon > 1 year
- 2. Low-cost SGD Bond Fund, investing across Singapore and international bonds predominantly in high quality instruments
- 3. High sharpe ratio (1.45) with defensive/low duration positioning (2.18 years)
Pimco Emerging Markets Bond E ACC Fund
The Emerging Markets Bond Fund is an actively managed portfolio consisting primarily of fixed income securities from issuers in, or economically tied to, emerging, or developing countries. The fund may make tactical investments in non-benchmark local currencies and instruments besides US Dollars. It offers efficient exposure to emerging markets, potential for attractive risk-adjusted returns and low correlations to other asset classes. And at the same time, has higher risks & volatility including currency fluctuations and political or economic developments than higher rated securities from developed markets.
Pimco Total Return Bond - E ACC Fund
The Total Return Bond Fund is a diverse portfolio of intermediate-term, investment grade securities, actively managed to maximise total return while minimising risk relative to the benchmark. The Fund invests primarily in US government, mortgage, and corporate bonds, but may have tactical allocations to municipal, high yield and non-US markets. The Fund takes a long-term view and uses multiple concurrent strategies to limit the likelihood that any single strategy that falls out of favour would negate the positive returns from other strategies
Pimco US Short Term E(USD) ACC
The U.S. Short-Term Fund is designed for investors who seek enhanced returns over traditional cash investments in exchange for a modest increase in risk, capital preservation, and daily liquidity. The fund is an actively managed short duration strategy that invests primarily in both high-quality money market instruments and short-term fixed income securities. It may lose value and will be more volatile than traditional cash investments.
LionGlobal Singapore Fixed Income Fund
The SGD Singapore Fixed Income fund is designed for investors who seek high liquidity and steady returns over time. The fund is Singapore focused, with most of its investments in SGD denominated Singaporean securities (almost 50% being issued by the Singaporean Govt.). The portfolio is Investment Grade and there is a 10% single issuer limit (except Sovereign Bonds).