Our approach to short-dated bonds
Aviva Investors’ ReturnPlus Fund draws on a range of credit spread premia to optimise returns from strategic cash while mitigating risk and maintaining liquidity. The fund invests in liquid, short-maturity, highly rated fixed-income securities while hedging interest rate and currency risks. Our approach benefits from our extensive experience managing assets to meet clients’ liabilities and risk-based capital requirements to optimise return and capital efficiency.
Potential benefits of capital efficient short-dated bond funds
The strategy is structured to deliver better risk-adjusted returns than cash and a highly liquid exposure in a capital-efficient format.
Aviva Investors ReturnPlus Fund
The strategy targets a stable return over cash by investing in short-maturity, highly rated fixed income securities while mitigating risk and maintaining liquidity.
The case for ReturnPlus: An approach to optimise strategic cash returns
Todd Cutting and Rakesh Girdharlal explain how our ReturnPlus strategy could be an option for investors looking to optimise their strategic cash allocation.
Key risks of ReturnPlus fund
Explore our fixed income range
Emerging market debt
A range of emerging market debt strategies that invest across hard and local currency markets.
A range of strategies that aim to capture the full potential of high yield bond markets while protecting to the downside.
Investment grade credit
A range of strategies that utilise portfolio construction to deliver attractive returns throughout the credit cycle.
A range of strategies offering the potential for uncorrelated returns, portfolio diversification and low volatility in either a long-only or absolute return context.
Fixed income views
* Over a three-year rolling period, regardless of market conditions.
1 GBP Strategy Targetting Sterling Overnight Index Average, a widely used interest rate benchmark and reference rate for sterling overnight Indexed Swaps (OIS).
2 EUR Strategy Targetting Euro Short Term Rate, the alternative euro risk free rate and replacement for EONIA. ESTER will be published from October 2019.
3 USD Strategy Targetting Secured Overnight Financing Rate, the alternative USD risk-free rate and replacement for LIBOR.