By Joanne Frearson Fiduciary has launched a European High Yield Bond Fund and has applied to the Ce...
By Joanne Frearson Fiduciary has launched a European High Yield Bond Fund and has applied to the Central Bank of Ireland to launch a Swiss Equity Fund. The Dublin-based European High Yield Bond Fund invests in sub-investment grade corporate bonds issued in various European currencies. Fiduciary's bond holdings are diversified across a number of sectors and countries and include those rated below BBB by Standard & Poor's or Baa3 by Moody's. The fund is permitted to invest up to 30% of its net asset value in securities from non-European countries issued in either US dollars or euros i...
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