The Share Centre’s six funds to diversify your portfolio

Pyrford Global Total Return, Fundsmith Equity and LF Miton UK Multi Cap Income are among six funds highlighted by The Share Centre’s Sheridan Admans that that can help diversify investors’ portfolios.

Admans, investment manager at The Share Centre, also picked out GAM Star Credit Opportunities GBP, Legg Mason Japan Equity and Threadneedle US Equity Income as potential diversifiers.

Below, Admans considers the funds in greater detail.

GAM Star Credit Opportunities GBP

First up on the list is GAM Star Credit Opportunities GBP, which Admans said may be attractive to investors seeking high income returns but are worried about the interest rate environment.

Overseen by FE Alpha manager Anthony Smouha and Gregoire Mivelaz, the £1.1bn fund’s main aim is to achieve capital growth by investing across various bond categories, currencies and countries on a global basis.

Admans said: “This fund invests in the subordinated corporate bond issues of investment grade business, a style of investing that assumes there is a small likelihood of a default on a subordinated high yield issue from a high-quality issuer such as Vodafone, HSBC Holdings or Prudential for example.”

He also highlighted the use of floating rate notes (FRN) as another key attraction of the strategy, a combination Admans said should “provide a cushion regardless of rising or falling interest rates” as well as convertible bonds.

“FRN notably provides insurance against an unexpected future rise in interest rates and importantly, convertibles should also outperform in a rising rate environment,” he added.

Over three years, the five FE Crown-rated fund has been a top quartile performer, delivering a total return of 28.18 per cent compared with a 9.66 per cent gain for the average IA Sterling Strategic Bond fund.

Original Article





6 March 2018

More News & Views


© 2017 Atlanticomnium.

Authorised and regulated by Swiss Financial Market Supervisory Authority FINMA. Authorised and regulated by the Financial Conduct Authority FCA. The information and materials on this site do not constitute any form of advice. This website and all the information contained in it does not constitute a formal commitment by the company Atlanticomnium. Any form of reproduction, dissemination, copying, disclosure, modification, distribution and/or publication of this website and all the information in it is strictly prohibited. We decline all responsibility for any errors or omissions in the contents of this website and all the information contained in it which arise as a result of electronic transmission. If verification is required please request a hard-copy version. This website and all the information contained in it should not be construed as an invitation or offer to buy or sell any securities or related financial instruments.

  • Please read this important legal information before proceeding. Information contained herein are solely for the use of the person who has accessed this information and may not be reproduced or distributed, even partially, to any other person or entity. The material contained herein is confidential and intended solely for the use of the persons or entities with nationality of or respectively with their residence, domicile, registered office or effective administration in a State or Country in which distribution, publication, making available or use of the information is not contrary to applicable laws or any other regulation. The material contained herein is aimed at sophisticated, professional, eligible, institutional and/or qualified investors/intermediaries who have the knowledge and financial sophistication to understand and bear the risks associated with the investments described. The information is solely product-related and does not take into account any personal circumstances and does not qualify as general or personal investment recommendation or advice. In particular, the information is given by way of information only and does not constitute a specific legal offer for the purchase or sale of financial instruments. Moreover, nothing contained herein is constitutive of any tax advice. Every effort has been made to ensure the accuracy of the financial information herein but the information contained herein has not been independently reviewed or verified. Therefore, Atlanticomnium SA gives no assurance, express or implied, as to whether such information is accurate, true or complete and no responsibility is accepted by Atlanticomnium SA for any errors or omissions. Third-party content is the property of its respective provider or its licensor and is protected by applicable copyright law. Past performance is not indicative of future performance. The price of shares/units and the income from the funds/trusts can go down as well as up and may be affected by changes in rates of exchange or financial markets fluctuation, out of the scope of Atlanticomnium SA. To the fullest extent permitted by law, in no event shall Atlanticomnium SA or our affiliates, or any of our directors, employees, contractors, service providers or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of the information provided.