High Yield

High Yield Strategy Overview

OBJECTIVE

Seeks to consistently outperform the ICE BofA US High Yield Constrained Index while maintaining a comparable level of risk

BENCHMARK

ICE BofA US High Yield Constrained Index

STRATEGY INCEPTION

October 1, 2007

HIGHLIGHTS

  • Invests primarily in US dollar-denominated high yield debt instruments including corporate bonds, bank loans and structured securities
  • Focuses primarily on security selection, and to a lesser extent, sector selection
  • Typically invests in below investment grade instruments (BB+ and below)
  • Targets a duration typically less than +/- 0.5 year of the Index
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Portfolio Managers

EXPERIENCED TEAM

Clients benefit from a team of seasoned portfolio managers who are collectively responsible for the stewardship of their assets. Working together with credit analysts and traders to filter market information, generate and discuss new investment ideas, the team seeks to identify the best relative value opportunities for our clients.

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