Tower Fund – Global High Yield Bond (USD)
Investment Policy
- The Sub-Fund shall invest mainly in debt securities at fixed and variable rate of worldwide basis, including emerging markets. Most of the securities have a rating between BB+ to CCC.
Reference Currency: USD
Inception date: 10/06/2008
Benchmark: Libor 1m
Investment Objective
The objective of this Sub-Fund is to produce a return higher than this produced by the debt markets worldwide.
Profil of the typical Investor
This Sub-Fund is suitable for investors who:
- wish to invest on the market of high yield bonds worldwide;
- have a low risk aversion;
- search for medium term investment (3 to 5 years).
