The aim of the Fund is to provide income with the potential to
grow the amount you invested as well. The Fund invests at least
two-thirds of its assets in bonds (which are similar to a loan and
pay a fixed or variable interest rate) that are priced in US
Dollars or Asian currencies other than Japanese Yen and issued by
governments and companies in Asia (with the exclusion of Japan), or
companies that have significant operations in such countries. When
appropriate, the Fund may also invest in currencies, including
non-Asian currencies. The Fund invests directly in these assets or
by using derivatives. Derivatives are sophisticated investment
instruments linked to the rise and fall of the price of other
assets. The Fund makes active investment decisions.
Investment risk: The value of investments can
fall as well as rise and investors might not get back the sum
originally invested. Currency Risk: Where
investments are made in assets that are denominated in multiple
currencies, changes in exchange rates may affect the value of your
investments. Investor Currency risk: Where
investments in the fund are in currencies other than your own,
changes in exchange rates may affect the value of your investments.
Issuer risk: The fund invests in securities whose value would be
significantly affected if the issuer either refused to pay or was
unable to pay or perceived to be unable to pay. Political
and financial risk: The fund invests in markets where
economic and regulatory risk can be significant. These factors can
affect liquidity, settlement and asset values. Any such event can
have a negative effect on the value of your investment.
Liquidity risk: The fund may hold assets that are
not always readily saleable without suffering a discount to fair
value. The fund may have to lower the selling price, sell other
investments or forego another, more appealing investment
opportunity. Inflation risk: Most bond and cash funds offer limited
capital growth potential and an income that is not linked to
inflation. Inflation is likely to affect the value of capital and
income over time. Interest rate risk: Changes in
interest rates are likely to affect the fund's value. In general,
as interest rates rise, the price of a fixed rate bond will fall,
and vice versa. Valuation risk: The fund's assets
may sometimes be difficult to value objectively and the actual
value may not be recognised until assets are sold. Short
selling risk: Short selling intends to make a profit from
falling prices. However if the value of the underlying investment
increases, the value of the short position will decrease. The
potential losses are unlimited as the prices of the underlying
investments can increase very significantly in a short space of
time. Investment in derivatives: The Investment
Policy of the fund allows it to invest materially in
Three-pronged Investment Approach in Conjunction with
Three-step Asian Fixed Income Investment Process
Research / Debate
Converting Research into Implementable
Repeatable and consistent Asian Fixed Income Investment
- Converting the trade ideas into actual investments
- Building a portfolio that reflects the best alpha opportunities
generated by our key process meetings while reflecting risk
considerations and client guidelines
Source: Columbia Threadneedle Investments.
Note: Above views are for illustration purposes only.
Tim Jagger is the Head of Emerging Market Debt having joined Columbia Threadneedle Investments in 2017.
Tim was appointed to his current role in 2018 having joined the company’s Singapore office in 2017. Based in London, Tim is responsible for the performance of Columbia Threadneedle’s emerging market debt portfolios and team of investment professionals within the company’s extensive global network. Tim has over twenty-five years’ experience of fixed income credit portfolio management, credit strategy research and credit risk management in both Europe and Asia. Prior to joining Columbia Threadneedle, Tim was a Senior Portfolio Manager, Asian Credit, at Aviva Investors and the lead manager for its Asian High Yield funds including a top decile performing public fund.
Tim has a Master of Arts in Economics from The University of St. Andrews and is an Associate of the Chartered Institute of Bankers.
Discover more about the Threadneedle (Lux) Flexible Asian Bond
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