RAM Active Investments has announced that its RAM (Lux) Tactical Fund – Quality Bond Fund has been renamed “in order to reflect better what it has been from the start: Global and Total Return.”
The fund is now named RAM (Lux) Tactical Funds – Global Bond Total Return.
This renaming aims to meet investor demand in today’s changing investment environment, and partly to position the fund in a more relevant market segment.
In addition, the investment policy has been changed.
The fund aims to generate a total return through a combination of various and decorrelated sources of return based on the active management of interest rate, yield curve and credit, with no constraints in respect to average duration (previously five years).
It can invest a minimum of 75% in bonds with an investment grade credit quality and up to 25% in bonds with a rating between BBB- and BB-.
RAM expects these changes to reflect the fund’s ability to provide a diversified source of returns, helping our investors pursue consistent returns across market environments, with no inherent regional or sector bias.
Thomas de Saint-Seine, CEO of RAM Active Investments, said : “These changes are designed to capitalise on RAM’s investment expertise and provide our clients with strategies that help throughout the investment cycle.
“Our Global Bond Total Return Fund is an outstanding option for investors who are focused on strengthening their core bond exposure through an actively managed, genuinely flexible approach.”
Stephane Decrauzat, senior fund manager, head of Fixed Income, commented: “What we have achieved since inception (April 2009), outperforming significantly global benchmarks, has been possible because we are non-benchmarked.
“We will continue to focus on alpha generation, keeping a truly global investment universe, a strong bias towards IG quality bond while relaxing some of the constraints we had previously, in order to be even more flexible and active.”