Location
Please select your investor type by clicking on a box:
We are unable to market if your country is not listed.
You may only access the public pages of our website.
Key documents
Overview
Strategy seeks to invest primarily in senior secured performing hard currency loan and bond instruments of global emerging markets corporates, with an allocation to select stressed and performing special situation opportunities that seek to offer a favorable risk reward profile, featuring relatively low leverage ratios and strong documentation, combined with environmental, social and governance (ESG) criteria.1
Sustainability-related disclosure
Pre-contractual SFDR disclosure
Fund specific risks
For further terms related to the objective, investment policy and overall risk and reward profile please refer to the key investor information document.
- Nature of Investments: The Fund may invest both on the long and short side in fixed income securities of Emerging Market Corporate Issuers denominated in both Hard Currencies and Local Currencies, as well as other investments across global markets.
- Short Selling: Short selling allows the investor to profit from a decline in the price of a particular security. A short sale creates the risk of an unlimited loss, in that the price of the underlying security could theoretically increase without limit, thus increasing the cost to the Fund of buying those securities to cover the short position. There can be no assurance that the security necessary to cover the short position will be available for purchase. Purchasing securities to close out the short position can itself cause the price of the securities to rise further, thereby exacerbating the loss.
- Fixed Income Securities Risk: The Master Fund may invest in bonds or other fixed income securities, including without limitation, commercial paper and “higher yielding”(including non-Investment Grade and, therefore, higher risk) debt securities. The Master Fund will, therefore, be subject to credit, liquidity and interest rate risks. Higher-yielding debt securities are generally unsecured and may be subordinated to certain other outstanding securities and obligations of the issuer, which may be secured on substantially all of the issuer’s assets.
- Convertible Securities Risk: Investments in convertible bonds may, in addition to normal risks associated with bonds, be subject to fluctuations in response to numerous factors, including but not limited to: variations in the periodic operating results of the issuer; changes in investor perceptions of the issuer; the depth and liquidity of the market for convertible bonds; and changes in actual or forecasted global or regional economic conditions. In addition, the global bond markets have from time to time experienced extreme price and volume fluctuations.
- Unlisted Securities: The Fund may invest in unlisted securities. Because of the absence of any trading market for these investments, it may take longer, or may not be possible, to liquidate these positions.
For share class information, please contact marketing@bluebay.com
1. Certain investment strategies, asset classes, exposure and security types do not integrate ESG factors, including but not limited to money market, buy-and maintain, passive, and certain third-party sub-advised strategies or certain currency or derivative instruments. Different strategies that integrate ESG factors will be at varying stages of implementation. Please read a fund's prospectus or offering memorandum for further details.
ESG investing: our approach
RBC BlueBay believes that ESG factors can potentially have a material impact on an issuer’s long-term financial performance. Given the limited upside (and potentially significant downside) of fixed income investments, the focus of our ESG analysis is on understanding downside risks.
Investment philosophy
One investment team, built around a single investment process
Investment process structured to deliver solutions for clients
Proprietary technology supports high touch investment process
Proprietary risk management is central to our approach and is essential to delivering successful outcomes
A heritage rooted in alternative investments
For over 20 years we have responded to client demand, building a compelling range of long-only investment strategies enhanced by our expertise in derivatives whilst continuing to deliver the highly specialist long-short capabilities of our boutique beginnings.