Global High Yield

Target

Sidera Global High Yield is intended for investors seeking capital appreciation over an investment horizon exceeding five years and interested in investing in one of the fixed-income asset classes offering higher return opportunities, while accepting a higher degree of risk than that associated with government and investment-grade corporate fixed-income asset classes.

Main characteristics

The Sub-Fund invests in global high-yield securities, diversifying the portfolio across sectors and issuers while avoiding exposure to foreign-exchange risk. Management of the portfolio component comprising US issuers is delegated to an Investment Partner specialising in the North American market, Goldman Sachs Asset Management, also in view of the breadth and complexity of this segment.