Outlook – Q2 2021 GBP

Outlook – Q2 2021 GBP

From a credit standpoint, we have possibly seen the strongest results of financials in the past decade. We have seen capital and excess capital at very high levels. This is despite all the issues linked to Covid-19, as well as the provisions for expected credit losses...
Performance – Q2 2021 GBP

Performance – Q2 2021 GBP

The fund increased by 2.9% over the quarter, versus the Barclays GBP Aggregate Corporate Total Return Index, which increased by 2.0%.   Performance of the fund for the period There are two important sources of return for the fund. The first, which is significant...
Positioning – Q2 2021 GBP

Positioning – Q2 2021 GBP

The fund invests predominantly in investment grade issuers, but we are prepared to go down a company’s capital structure to find the best combination of yield, value and capital preservation. One feature of the fund is the substantial holding in financials, at 78.0%....
Monthly Commentary – May 2021 GBP

Monthly Commentary – May 2021 GBP

May was a stable month for the securities held within our portfolio. At the beginning of the month, concerns about inflation created volatility across financial markets. However, those concerns eased following comments from central bankers. In our view, a key question...
Monthly Commentary – May 2021 GBP

Monthly Commentary – April 2021 GBP

April was a positive month for financial markets. Increases in US interest rates paused although we did see moves higher in gilts and European rates. Our securities continued to show their resilience to those moves and once again demonstrated their low sensitivity to...
  • The Valuation date: January 30, 2025
    serieAsOFDateFKFundNameISINMTDMTDYTDYTDSISI
    120,250,130GAM Sustainable Climate Bond fundIE000BSJBO140.430.00430.00430.43-0.0107-1.07
    220,250,130GAM Star Crdt Ops EUR InvIE00B50JD3540.620.00620.00620.620.675967.59
    320,250,130GAM Star Crdt Ops GBP InvIE00B510J1730.950.00950.00950.950.962096.20
    420,250,130GAM Star Crdt Ops USD InvIE00B57693100.810.00810.00810.810.867186.71
    520,250,130GAM Interest Trend IncIE00BYM4P9131.230.01230.01231.230.404540.45

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