Global Fixed Income
No betting the farm or short-term trading: time in right parts of market, not timing the market.
Strategy Description

Our Core ETF Portfolios provide:

Broad participation in global risk assets such as stocks, bonds and commodities, calibrated based on client risk tolerance: from 100% bonds (~4% volatility) to 100% stocks (~15% volatility)

ETF selection constantly reviewed for efficiency and sustainability

  • Costs are kept low, currently averaging 0.2% to 0.25% per portfolio

  • Tax implications are reviewed at client, ETF and underlying positions of ETF levels

  • Sustainability tilts are preferred and implemented for each exposure, all else equal

Active allocation to macro trends, tilting to exposures likely to outperform over the medium term; no betting the farm or short-term trading: time in right parts of market, not timing the market; daily transparency and liquidity;

For US investors, portfolio can be implemented in a Tax-Aware approach via our US site

Portfolio Performance
Inception Date:2013-01-01
Currency:USD
As Of:2021-10-31
20162017201820192020YTD
Portfolio(%) 2.515.01-1.7310.975.78-0.45
Annualized ReturnStandard DeviationDividend Yield
Portfolio 2.39% 3.90% 2.10%
  • 2016
    2.51
  • 2017
    5.01
  • 2018
    -1.73
  • 2019
    10.97
  • 2020
    5.78
  • YTD
    -0.45
  • Annualized Return
    2.39%
  • Standard Deviation
    3.90%
  • Dividend Yield
    2.10%
Allocation Breakdown
Asset Class
Fixed Income
99.51%
Cash
0.49%
Geography
America
56.19%
Asia Pacific
23.90%
Greater Europe
13.83%
Central/Latin America
1.77%
Africa/Middle East
1.06%
Sector
Investment Grade
66.95%
Other
31.15%
High Yield
1.90%
Top Holdings
Position
Weight(%)
1.  
JPMorgan USD Ultra-Short Income UCITS ETF
23.08
2.  
Vanguard USD Corporate Bond UCITS ETF
20.05
3.  
iShares Global Corp Bond UCITS ETF
17.54
4.  
iShares USD TIPS UCITS ETF
12.47
5.  
Xtrackers II USD Asia ex Japan Corporate Bond UCITS ETF
10.05
Position
Weight(%)
6.  
iShares China CNY Bond UCITS ETF
8.33
7.  
iShares JP Morgan EM Local Government Bond UCITS ETF
7.99