LO Funds - Fallen Angels Recovery (USD) IA
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LO Funds Fallen Angels Recovery is an actively managed global corporate bond fund launched in November 2021 that focuses on investing in bonds issued by companies previously rated as investment grade but have been downgraded to below investment grade, known as "Fallen Angels." The fund selects its investments from the Bloomberg Barclays Global Corporate ex-EM Fallen Angels 3 Issuer Capped Total Return Index, targeting a diverse portfolio of these downgraded corporate bonds across various currencies and sectors with the aim of capitalizing on their potential recovery.