Global Aggregate Bonds
Capital National Alliance offers Capital International’s investment management capabilities in global aggregate bond markets.
Clients can either access Capital International’s global aggregate bond capabilities via a separate account or via pooled investment vehicles. Eligibility criteria apply.
Product Profile – Global Aggregate Bonds
Investment objective
To outperform the Lehman Brothers Global Aggregate Bond Index, fully hedged in Australian dollars over the long term by investing in developed market bonds.
Invests in
Sovereign and agency debt
Corporate bonds
Mortgage-backed securities
Asset-backed securities
Investment strategy
Capital International, Inc.’s (Capital International) global bond portfolios are invested primarily in sovereign and investment-grade corporate bonds and also in mortgage-backed and asset-backed securities. Global fixed-income portfolios benchmarked to the Lehman Brothers Global Aggregate Bond Index have a significant portion invested in non-government bonds, where Capital International’s extensive research capabilities add value. The global bond investment strategy is driven by four key factors: country allocation, duration targeting, security selection and currency exposure. The relative importance of each decision depends on prevailing market conditions. The Capital organisation began managing debt securities in 1972 and has extensive global research capabilities. Capital International’s intensive bottom-up research directly benefits security selection. Sector allocation, duration and currency decisions are based on exhaustive top-down macro research.
More information on the Global Aggregate Bonds Product Profile
Further information is available to Australian and New Zealand wholesale investors. Please feel free to contact a member of the Capital National Alliance team