London, 11 December 2017
Macquarie Investment Management today introduced three new funds, including Macquarie Absolute Return Mortgage-Backed Securities Fund - a sub-fund of a Luxembourg SICAV (UCITS compliant) - which enables certain global investors access to Macquarie’s existing Absolute Return Mortgage-Backed Securities (ARMBS) strategy.
“With interest rates rising slowly, global investors continue to seek ways to diversify, manage duration risk, and increase yield in their fixed income portfolios,” said Brian McDonnell, portfolio manager of the new Macquarie Absolute Return Mortgage-Backed Securities Fund. “We have managed the strategy for a decade and are pleased to offer our ARMBS capabilities to a wider group of investors who are seeking liquidity with a higher potential risk-adjusted return.”
Macquarie is launching the Fund following increasing global investor demand for the ARMBS strategy, designed for investors interested in an absolute return outcome by investing primarily in US government-backed fixed income securities, with a focus on agency mortgage-backed securities (MBS).
Lead portfolio managers Brian McDonnell and Ion Dan manage the strategy, supported by the resources of a global fixed income team that includes dedicated specialists with deep expertise and experience in managing MBS, rates, and duration.
Macquarie also introduced two other funds today - Macquarie Global Multi Asset Income Fund, which seeks to provide investors with current income and an investment that has the potential for long-term capital appreciation, and Macquarie US Smaller Companies Fund, which aims to generate long-term capital appreciation by investing in US small- to mid-cap companies.
All three funds are domiciled in Luxembourg as UCITS-compliant SICAV investment vehicles.