Fidelity Investments launches multi-sector bond fund

Fidelity Investments Canada has launched Fidelity Multi-Sector Bond Fund, managed by portfolio managers Jeff Moore and Michael Plage.

Read: Those bond funds are doing just fine

The fund invests across multiple fixed-income sectors, including government bonds, corporate bonds, high-yield bonds and floating-rate debt securities. The fund aims to provide a steady flow of income and the potential for capital gains by investing primarily in a mix of U.S. and global issuers.

Read: Were they right? This PM’s ‘not loading up on bonds’

Further, the fund seeks to mitigate a range of key fixed-income risks, such as interest-rate risk, inflation risk and credit risk.

Also read: Advisors bullish on just one asset class for Q2: survey

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.