Fixed appeal: Using ETFs for fixed income exposure

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Caroline Shaw, manager of the Total Return Growth Fund at Courtiers, talks to Nick Sudbury about using ETFs for fixed income exposure and the factors influencing fund selection

  What is the investment objective of your Total Return Growth Fund?  The fund aims to provide capital growth. We have a go-anywhere mandate in that we can use practically any asset class or investment and there are no geographic restrictions. Courtiers also runs two other funds, the Cautious Risk and Balanced Risk. These are naturally a little more conservative in asset allocation and include a fixed interest element. We are believers in asset allocation rather than stock selection so we tend to adopt an active allocation approach with passively managed underlying positions.    ...

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