Monthly Commentary – May 2021 USD

Monthly Commentary – May 2021 USD

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 USD

Monthly Commentary – April 2021 USD

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...
Monthly Commentary – May 2021 USD

Monthly Commentary – March 2021 USD

Interest rates continued to rise in March, prompting concern from many fixed income investors. Our securities once again demonstrated their resilience to rising rates. Our exposure to fixed-to-floaters and floaters ensure that the fund has low sensitivity to interest...
Performance – Q1 2021 USD

Performance – Q1 2021 USD

The fund increased by 0.8% over the quarter (USD Inst), versus the Barclays USD Aggregate Corporate Total Return Index, which decreased by 4.6%. Performance of the fund for the period There are two important sources of return for the fund. The first, which is...
Outlook – Q1 2021 USD

Outlook – Q1 2021 USD

From a credit standpoint, we have seen that financials post strong results given the circumstances. We saw capital and excess capital ratios actually increase during 2020. This means that we have strong visibility of the income on our securities. Moreover, we believe...
  • 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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  • PERFORMANCE