Marlborough High Yield Fixed Interest Fund

Marlborough High Yield Fixed Interest invests in a broadly diversified portfolio of more than 100 high yield bonds issued by companies in the UK and overseas. Businesses issuing these bonds can be more vulnerable to changing market conditions and as a result they typically pay higher interest rates than companies whose bonds are ‘investment grade’.

The highly experienced investment team have the resources to conduct their own intensive fundamental research into individual companies. They look for bonds issued by businesses whose ability to repay debt is stable to improving, but this has not been recognised by other investors – creating a mispricing opportunity.

They seek to outperform their peers through this rigorous analysis of companies, while at the same time adjusting the overall level of risk taken and the sectors in which the fund invests to reflect their detailed assessment of macroeconomic and geopolitical drivers.