Capital Group launches Global High Income Opportunities fund for UK investors

OEIC version of existing $1.1bn strategy

Capital Group have launched a fixed income portfolio for UK investors, the Capital Group UK Global High Income Opportunities fund.

This will be an OEIC version of its existing Luxembourg-domiciled strategy, which holds £1.1bn in assets and was launched in May 1999. It will also be managed by the same team and follow the same investment approach. The fund combines high-yielding fixed income sectors, primarily developed market high yield bonds and emerging market debt. According to the firm, this blend can offer diversification benefits, "attractive" income opportunities and the potential for less volatile returns. According to its factsheet, the fund has returned 6.8% during its lifetime, while the index has...