The Nomura Global Dynamic Bond Fund is a flexible, “go-anywhere” approach to fixed income investing. The Fund is unconstrained by benchmark allocations, enabling the ability to seek attractive total returns by investing across the full market spectrum. The Fund has a target yield of 3-5% p.a., alongside the potential for capital growth.*
The tools available to the Fund include:
- Government bonds
- Corporate bonds
- Mortgage backed securities
- Inflation-linked bonds
- Convertible bonds
- Emerging market debt
- Floating rate notes
- Cash
- Derivatives
Risk control is pivotal
Interest rate and credit risk are managed dynamically and the strategy is limited to a monthly value at risk of 5.75%**. The strategy is offered via a Dublin-based UCITS vehicle, launched in early 2015.
About the Manager
Richard ‘Dickie’ Hodges joined NAM in November 2014 to launch the Global Dynamic Bond Fund. Prior to joining NAM, Dickie held the role of Head of High Alpha Fixed Income at Legal & General Investment Management (LGIM), managing its “Dynamic Bond Trust” – an unconstrained fixed income fund. He managed the Dynamic Bond Trust from its inception in 2007 until April 2014.
This video above is for professional investors and eligible counter parties only. Any views expressed in this communication are those of the fund manager and are subject to change without notice. They are not necessarily the views of Dundas Global Investors and do not constitute investment advice. Your capital is a risk. Past performance is not a guide to future performance, the value of an investment and income from it can go down as well as up.
* All data unless otherwise specified: Nomura Asset Management U.K. Ltd. 30/03/2020
** Ex-ante monthly VaR, 99% confidence interval. This means that in 99% of outcomes, the Fund will experience a loss of no greater than 5.75% in a given month.
The Nomura Funds Ireland – Global Dynamic Bond Fund is a sub-fund of Nomura Funds Ireland plc. which is authorised and supervised by the Central Bank of Ireland as an open-ended umbrella investment company with variable capital.
The Fund may invest in Emerging Market or High Yield debt securities. Emerging markets debt securities tend to be more volatile than those of more developed capital markets and can carry a higher risk of default. Therefore, any investment is at greater risk. High Yield securities also tend to experience higher levels of volatility and default than investment grade securities; again, therefore, any investment is at greater risk. The strategy may invest in derivatives including (but not limited to futures, forwards, options, swaps and swaptions). Some of these securities are exchange traded, others are not. Derivatives traded on an exchange are guaranteed by the exchange. Derivatives that are not exchange traded carry risk of default by the counterparty. In almost all cases (other than long positions in options), the derivatives used may result in losses greater than the amount of the original investment. Investors in the Nomura Global Dynamic Bond Fund cannot experience losses greater than the amount invested. The prospectus, key investor information document (KIID) and other fund related materials are available on the NAM UK website at www.nomura-asset.co.uk. Nomura Asset Management U.K. Ltd. is authorised and regulated by the Financial Conduct Authority. Citywire Fund Manager Ratings and Citywire Rankings are proprietary to Citywire Financial Publishers Ltd (“Citywire”) and © Citywire 2014. All rights reserved. You may only use this material for your personal and non-commercial use. No part of this material may be copied, distributed or adapted in any form or by any means without prior written consent. This includes but is not limited to all individual fund manager data such as rankings of fund managers and ratings of fund managers. Citywire does not accept any liability for your reliance upon, or any errors or omissions in, the Citywire Ratings or Citywire Rankings.
