The rates module focuses on government bond markets across the world, incorporating views on inflation, interest rates and yield curves, while the credit module focuses on fundamental research and finding stock-specific opportunities across investment grade, high yield and emerging markets. All three help build this unconstrained portfolio.
Snowden has an exceptional track record dating back more than two decades, having worked at both Aegon and Old Mutual in that time. He joined Artemis in 2019 to help build a suite of fixed income products. He and his co-manager Juan Valenzuela have 20 years' combined experience in managing absolute return bond funds.
Since launching in December 2019, the fund has returned a reasonable 9.7 per cent, with an attractive ongoing charge of 0.4 per cent.
Backed by an exceptional management team, this is an excellent fund for those who dislike volatility but want a better return than cash. The fund has a solid, flexible process, combined with tight risk management – it has all the tools to be a star of the future.
Darius McDermott is managing director of FundCalibre
