Overview
Description
The Evolve Active Global Fixed Income Fund is an actively managed exchange-traded fund that focuses on investing in global fixed income securities, primarily targeting corporate debt instruments. Managed by Allianz Global Investors, the fund employs a dynamic, multi-sector approach by allocating assets across various credit classes and employing bottom-up security selection. Its main goal is to generate consistent, positive returns across different interest rate and economic cycles, aiming to outperform the three-month U.S. dollar London Interbank Offered Rate (LIBOR) benchmark.
With a diversified portfolio that typically holds over 100 securities, the fund maintains broad exposure across global regions and sectors, with a significant allocation to European issuers. Risk management is a core component, utilizing proprietary tools to mitigate the impacts of interest rate movements and credit spreads. The fund has an investment-grade average credit rating, a moderate duration profile, and provides regular income distributions to unitholders. By partnering with an established global manager, the Evolve Active Global Fixed Income Fund seeks to deliver stable, risk-adjusted yields and diversification benefits within the broader fixed income market.
About
Address
—
Phone
—
Website
—
Instrument type
ETF
Country
Canada
MIC code
NEOE