Capital Group launches Multi-Sector Income Fund
Designed to generate reliable income, powered by four fixed income drivers in a single portfolio.
5 July 2023: Capital Group, one of the largest and most experienced investment companies in the world, with assets under management of more than US$2.3 trillion, has launched Capital Group Multi-Sector Income Fund (AU) (“MSI”) to the Australian market.
MSI combines four key fixed income sectors with distinctive income characteristics – investment-grade corporate bonds, high-yield corporate bonds, emerging market bonds and securitised credit – in a single portfolio, offering the potential for an attractive but reliable income. Other potential benefits of the fund include diversification with four income drivers, flexibility to tilt exposure in changing markets and a balanced risk profile. The fund is designed to provide a high level of current income and capital appreciation.
This fund is based on, and managed by, the same investment team as the Multi-Sector Fixed Income strategy from the US, which was seeded in 2019. The strategy has made a strong start and delivered a reliable yield.
Consistent with Capital Group’s investment approach, the strategy is managed by multiple portfolio managers, rather than a single manager.
Read the full media release here