High yield FRNs - stable and attractive source of income

We are delighted to invite you to our Floating Rate High Yield Lunch presentation with Fund Manager James Tomlins.

James will explain why we continue to see value in high yield FRNs, which we believe offer a stable and attractive source of income and are well placed to perform while withstanding further periods of market volatility, as we move into the later stages of the economic cycle.

According to minutes from the FED session released last Wednesday, Federal Reserve officials left room for the possibility of interest rate increases before the end of the year, should economic conditions improve. James will elaborate why FRNs, with their feature of only 0.25y duration, not only work in an environment of rising interest rates. Currently we see in the US that investors are not compensated enough for taking duration-risk, as the 3-Month US rate is trading above the 5 year Treasury index.

The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested. 

The views expressed in this document should not be taken as a recommendation, advice or forecast.

Please use the registration button and let us know if you have special dietary requirements.

We look forward to seeing you on Wednesday, 15 May.

Kind regards,

Pascal Buschor 

Head of Wholesale

Fortunat Signorell

Wholesale Switzerland


Date 15.05.2019 – 15.05.2019
Time 12:00 – 13:30

Zunfthaus zur Waag
Münsterhof 8
8001 Zürich

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James Tomlins

Fund Manager

Floating Rate High Yield


M&G International Investments Switzerland AG

8001 Zürich