Mellon Global Bond Fund – Euro Hedged Share Class Launch
Following strong demand from European investors, we are pleased to announce the launch of a new Euro hedge share class for the Mellon Global Bond Fund. This share class is for Euro-based investors who are looking to capture the strong returns of the flagship government bond fund, while significantly reducing exposure to exchange rate fluctuations between the US Dollar (base currency) and Euro.
Fund Highlights
Managed by Stewart Cowley from Newton Asset Management Limited
Outstanding track record with a first quartile ranking over one, three and five years* The Fund is one of only two funds in it’s sector to have an AAA rating from Standard & Poor’s
Aims to generate an absolute return through the active management of duration, yield curve and currency positioning
Newton is renowned for its distinctive and proven ‘global thematic’ investment approach, which it consistently applies across all strategies
Security selection will typically include high quality government debt. Forward contracts for foreign exchange and options are used to express the managers views and limit downside risks