Investment Objective
BlueBay Investment Grade Absolute Return Bond Fund (‘The Fund’) aims to generate positive risk-adjusted returns by investing across global interest rates, sovereign and non-sovereign credit and across currencies. The Fund looks to achieve its target of LIBOR + 3% in all market environments and with a limited overall level of risk. The Fund aims to be market beta neutral and generate alpha in rising or falling government yields as well as in rising or falling credit spread environments. It can achieve this by utilising the full range of available cash and derivatives securities in a UCITS construct.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.6 | 0.1 | 0.1 | 0.5 | 0.1 | 0.6 | 0.7 | 0.2 | 0.1 | 0.4 | 0.6 | 0.5 | 0.7 | |
| 2022 | 0.9 | 0.5 | 0.8 | 0.5 | 0.6 | 0.1 | 0.6 | 0.3 | 0.1 | 0.7 | 0.1 | 0.2 | 0.1 |
