Mutual Funds & ETFs

Floating rate bonds adjust their coupons by reference to specified rates and contractual reset schedules. This mechanism changes the relationship between market interest rates and the bond's cash flows. It can limit sensitivity to movements in benchmark rates, while leaving exposure to the issuer's …

FXI defines China exposure through a large company universe listed in Hong Kong. This gives the portfolio a specific entry point into Chinese equities, rather than representing every listed company with Chinese operations. Company size, index eligibility and sector composition all influence the resulting …

The mandate combines European developed markets with a small company size segment. This can bring businesses with different customers, funding needs and competitive positions into the portfolio compared with regional large caps. It also means the fund's European exposure depends on both country allocation …

The portfolio accesses property businesses through listed equities across developed markets outside the United States. Different rental markets, property types and financing structures can influence the underlying companies. A holding in a property company represents anEquityclaim on that business. It is distinct from owning …

Mortgage real estate businesses primarily connect the portfolio to property lending and mortgage investments. TheirEconomicscan depend on the relationship between asset income and funding costs, as well as theCreditquality of borrowers. This differs from analysing rent collection at a directly owned property.Balance SheetLeverageand changes …

An equity REIT portfolio connects shareholders to businesses that own or operate property assets. The economic drivers can differ between healthcare facilities, retail property, industrial premises and other categories. Occupancy,Leaseterms and operating costs help determine property cash flows. Looking at the subsegment allocation therefore …

The portfolio's selected property categories create a more specific real estate allocation. Housing demand, healthcare use and storage requirements can each influence occupancy and rental income in different ways. Their presence in the same fund does not imply equal weighting. The actual distribution of …