Asset Management
AXA Investment Managers Opens New Bond Fund
AXA Investment Managers has launched a new bond fund.
AXA
Investment Managers has launched a new bond fund.
The AXA WF US Dynamic High Yield Bonds fund offers flexible
exposure to the US high yield market by investing in cash bonds
along with credit default swaps to enhance potential returns over
traditional US high yield funds.
This new Fund, alongside its existing US Short Duration and US
Core High Yield funds, completes the trilogy of US high yield
bond funds AXA IM offers catering to varying investor needs and
risk tolerances.
"We believe that the recent volatility in the market provides
opportunities to invest in US high yield. The Fund’s
flexible approach will allow us to optimise our high yield
exposure in order to reflect our top down view. This new strategy
builds upon our existing US Core High Yield strategy but targets
higher return potential in both neutral and bull markets via the
CDS overlay, but with volatility closer to that of the broad high
yield market," said Carl “Pepper” Whitbeck, fund manager of the
AXA WF Dynamic High Yield Bonds at AXA IM.
