Our approach

As an established and experienced high yield manager, we have a long-standing commitment to delivering high yield solutions that meet our clients’ needs. We follow a truly global approach, scouring the world's markets to create high-conviction, risk-aware high-yield portfolios that are unconstrained by a benchmark.

Commitment

Our high yield portfolio managers are supported by an experienced fixed income research team based locally in London, Chicago, Paris, Singapore and Toronto.

Creativity

Disciplined research process, focused on fundamentals, valuations and technicals, is central to the creativity of our high yield idea generation.

Construction

The key to high yield investing lies in portfolio construction. Balancing high-conviction ideas and avoiding defaults ensures downside risks are minimised.

Benefits

Offering diversification and attractive income potential, high yield bonds can play an important role in a balanced portfolio of assets.

Diversification

Given their low to moderate correlation with other asset classes, high yield bonds can provide diversification within a balanced portfolio.

Smoother returns

Over the past 25 years, high yield bonds have delivered similar returns to equities but with almost half the volatility.

Attractive income

High yield bonds represent a rare source of competitive income at a time when yields are abnormally low.

Key risks

For further information on the risks and risk profiles of our funds, please refer to the relevant fund documents. Past performance is not a guide to future performance.

Investment risk

The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.

Credit risk

Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.

Derivatives risk

The funds may use derivatives; these can be complex and highly volatile. Derivatives may not perform as expected, which means the funds may suffer significant losses.

Investor in funds

The funds may invest in other funds; this means the overall fund charges may be higher.

Illiquid securities risk

Certain assets held in the funds could, by nature, be hard to value or to sell at a desired time or at a price considered to be fair (especially in large quantities), and as a result their prices could be very volatile.

High yield strategies

Aviva Investors
Global High Yield Bond Fund

This strategy aims to maximise total returns and generate income with a strong emphasis on limiting drawdowns by investing in a high conviction, diversified portfolio of global high yield bonds.

Aviva Investors
Short Duration Global High Yield Bond Fund

This strategy follows a similar approach to its Global High Yield cousin but focuses on bonds with a maturity of five years or less and duration of three years or less.

Need more information?

For further information, please contact our investment sales team.

Fixed income views

RA18/1384/31122019