Since inception, RAM Active Investments have broadened its investment capabilities extensively by adding new alpha-generating investment strategies. The renaming of the RAM Quality Bond Fund as the RAM (Lux) Tactical Funds - Global Bond Total Return is partly to meet investor demand in today’s changing investment environment, and partly to position the Fund in a more relevant market segment.
In addition to the above renaming, the investment policy has been modified as follows:
• The Fund aims to generate a total return through a combination of various and decorrelated sources of return based on the active management of interest rate, yield curve and credit, with no constraints in respect to average duration (previously five years).
• The Fund can invest a minimum of 75% in bonds – with an investment grade credit quality.
• The Fund can invest up to 25% in bonds – with a rating between BBB- and BB-.
The above changes reflect...