About Absolute Return Global Bond Strategies

The Absolute Return Global Bond Strategies Fund seeks positive absolute returns over the medium to long term, regardless of market conditions. It aims to deliver a positive return over rolling 12-month periods and a target return of cash* +2.5% per annum, gross of fees, over rolling 3-year periods. In striving to meet this objective, we aim for the Fund to display volatility of less than 5%.

We seek returns through dynamic allocation to fixed income investment opportunities in both traditional and advanced asset strategies. This includes credit and government bonds, as well as interest rates, inflation, volatility and currencies. In addition, we routinely use a variety of conventional derivatives for investment and hedging purposes. We maximise the potential for absolute returns by combining a broad range of macro and tactical positions to create a portfolio of strategies that complement each other, chosen specifically to work well together in a wide array of economic outcomes.

To manage the Fund, we combine the expertise of our fixed income and multi-asset investing team, who have an excellent record in managing diversified strategies for a range of portfolio objectives. The investment process is a natural extension of our aggregate bond approach, and shares the portfolio structuring and risk management experience of our multi-asset investing team, which manages our highly-successful multi-asset absolute return product.