GAM Multibond - ABS EUR A
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General Objective
The fund aims to primarily invest in floating-rate Asset Backed Securities (ABS) with an investment grade credit rating (AAA - BBB) while systematically hedging currency risks relative to the EUR. It is suitable for clients with EUR as reference currency looking to invest in floating-rate ABS without taking increased interest rate or currency risks.
Fund Exposure
The fund is exposed to a broadly diversified bond universe, focusing on asset backed securities. It seeks various opportunities for returns and is managed by a highly qualified and experienced team. The fund invests primarily in floating-rate ABS with an investment grade credit rating (AAA - BBB).
Risks
The fund carries risks such as capital at risk, credit risk associated with ABS, debt securities, and deposits, interest rate risk, leverage risk, and liquidity risk. The value of investments may vary, and the income from them cannot be guaranteed. Additionally, the fund invests in complex financial instruments that may have a sharp impact on its net asset value.