Senior Fund Manager, Fixed Income
The LF Canlife Global Macro Bond Fund is a macro-focused fixed income fund that aims to provide income with the potential for some long-term (at least 5 years) capital growth by investing in high quality government and investment grade corporate bonds from around the world.
The Fund has the discretion to invest without the need to adhere to a particular benchmark
The Fund is globally diversified with a focus on advanced economies. Its holdings are spread across high quality government and investment grade corporate bonds, as well as currencies, countries, maturities and sectors
For further details on the objective and investment policy, visit the Literature section to view fund KIIDS and Prospectus.
The Fund also represents a long-term investment solution that offers the prospect of growth, making it an attractive building block in a diversified investment portfolio. The fund may not be not be appropriate for investors who plan to withdraw their money within 5 years.
As a truly global bond fund, the LF Canlife Global Macro Bond Fund benefits from broad diversification across government and corporate bonds, but also currencies, countries, maturities and sectors. This is important as currency can be an important driver of returns and its impact is often overlooked.
The fixed income team at Canada Life Asset Management are able to draw on their considerable experience in managing fixed income assets, including conventional fixed income, index-linked bonds, corporate credits and global bonds.
The value of investments may fall as well as rise and investors may not get back the amount invested.
Triple-B rated corporate bonds have attracted much attention this year as they now represent more than half of the Investment Grade market. The growing number of BBBs is largely attributed to how Quantitative Easing and an unusually long period of low interest rates have made it easier and cheaper for companies to lever up and finance their businesses.