Jamieson Coote Bonds Global Bond Fund added to Macquarie Wrap and HUB24
Charles Jamieson
The CC JCB Global Bond Fund (Fund) managed by specialist high grade bond manager Jamieson Coote Bonds (JCB), has been added to Macquarie Investment Manager/Consolidator, Macquarie Super Manager/Consolidator and HUB24 (IDPS and Super) menus, broadening the access to JCB’s global sovereign bond strategy.
Co-Founder and Chief Operating Officer Angus Coote said “We have seen the demand from advisers for this strategy increase due to the risk-off environment created through the ongoing trade tensions and geopolitical flares, the prospect of low to negative interest rates remaining, and a weak Australian dollar (AUD). These themes in combination are providing negatively correlated returns for portfolios in our Unhedged Global Bond strategy that has delivered a return after fees and costs of 14.92% p.a., and 7.45% p.a. (as at 31 August 2019) for our Hedged Global Bond strategy, since inception on 26 February 2019.”
“The Fund is designed to give investors global diversification within their fixed income allocation and can complement domestic risk asset exposures by helping to improve risk-adjusted returns, particularly at this time of uncertainty, where liquidity and transparency are key.” Mr Coote said.
The Fund provides a highly defensive allocation across the G7 Governments and offers both currency hedged (Class A) and unhedged (Class B) classes, giving investors the flexibility to switch between $AUD hedged (to $USD), and $AUD unhedged, at no additional cost.
The Fund is also available on the following supporting platforms; Asgard, Ausmaq, Australian Money Market, BT Wrap and BT Panorama, Mason Stevens, Netwealth (IDPS), Praemium and Powerwrap.
The Fund is managed by Chief Investment Officer, Charlie Jamieson and Deputy CIO Kate Samranvedhya, based in Singapore. Jamieson Coote Bonds currently has A$4 billion of assets under management for both institutional and retail investors.
