The strategy’s “highly diversified exposure to global bond markets” within a single fund was highlighted as a reason behind the decision.
Nick Train’s Finsbury Growth & Income builds a position in Autotrader from HL proceeds
Hal Cook, senior investment analyst at HL, explained that the fund endeavours to strike a balance between income and capital growth over the long term.
“To do this, it invests in lots of different bonds issued by companies and governments all over the world, providing our clients with highly diversified bond investments in a single fund,” he said.
With six…
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