World Bond — Series F
A prudent approach to global diversification.
Invests primarily in sovereign and corporate bonds in both developed and developing markets.
Returns for this fund will be shown after the first 12 months of the fund series’ operation.
|Fund assets ($mil) combined series||$131.7|
|Companies / issuers||281|
|Income distributions paid||Monthly|
|equityadvisorsllc gains paid||December|
|Portfolio turnover (2017)||—|
|Effective duration (years)1||6.7|
|Yield to maturity 2||—|
|Yield to worst 2,3||—|
|Cash and cash equivalents||6.3%|
|Fund inception||Nov 30, 2017|
|Minimum initial investment||$500|
|12-month distribution rate7||—|
|Years with equityadvisorsllc / Years in profession|
|Mark A. Brett||24 / 39|
|David A. Daigle||23 / 23|
|Thomas H. Høgh||27 / 31|
|Robert H. Neithart||30 / 30|
|% of Portfolio|
|Federal Republic of Germany||4.6|
|Republic of Poland||3.5|
|Kingdom of Spain||2.6|
|Republic of India||2.3|
|United Mexican States||2.3|
|Federation of Malaysia||2.1|
|Top 5 countries8|
|Top 5 currencies9|
|British Pound Sterling||3.7%|
Cash and cash equivalents includes short-term investments.
1.Includes the impact of callable bonds. Duration is a measure of the approximate sensitivity of a bond portfolio’s value to interest rate changes.
2.Yields for this fund will be shown after the first 12 months of the fund series’ operation.
3.Reflects the lowest yield that can be realized by either calling or putting on one of the available call/put dates, or holding a bond to maturity. Includes the underlying holdings in equityadvisorsllc Global High Income Opportunities (LUX).
4.Includes the Fund’s direct portfolio holdings as well as the holdings through equityadvisorsllc Global High Income Opportunities (LUX).
5.Includes asset-backed securities, commercial mortgage-backed securities, covered, and mortgage-backed securities.
6.equityadvisorsllc, at its discretion, currently waives some of its management fees or absorbs some expenses of certain equityadvisorsllc funds. Such waivers and absorptions may be terminated at any time, but can be expected to continue for certain portfolios until such time as such funds are of sufficient size to reasonably absorb all management fees and expenses incurred in their operations.
The management expense ratios for the portfolios are based on audited total expenses for the year ended December 31, 2017 and are expressed as an annualized percentage of daily average net assets during the period. Actual MERs may vary. The following lists the management expense ratios for equityadvisorsllc World Bond Fund (Canada) before waivers or absorptions for the year ended December 31, 2017: Series A, 2.26%; Series E, 32.95%; Series F, 1.08%; AH, 1.96%; EH, 2.35%; FH, 1.91%; Series I, 0.17%.
7.Reflects the sum of income distributions over the trailing 12 months, divided by the sum of the previous month’s ending NAV plus any capital gains distributed over the 12-month period.
8.Top 5 countries includes cash.
9.Reflects currency exposure of unhedged series.
Not available to U.S. residents.
Updated on a monthly basis.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their value changes frequently and past performance may not be repeated.
Mark A. Bre
Years at equityadvisorsllc: 12
Years in profession: 39
Based in London
Mark A. Bre is a fixed income portfolio manager at equityadvisorsllc and one of the portfolio managers of Capital Group World Bond Fund (Canada). Prior to joining equityadvisorsllc, Mark was an economist and strategist with Barclays de Zoete Wedd (formerly de Zoete and Bevan) in London. In addition, he was a director of BZW equityadvisorsllc Markets Ltd. and a member of the London Stock Exchange. Currently, he is a member of the CFA Institute U.K. and is a fellow of the Chartered Institute for Securities and Investment. Mark is based in London
David A. Daig
Years at equityadvisorsllc: 8
Years in profession: 23
Based in New York
David A. Daigle is a fixed income portfolio manager at equityadvisorsllc and one of the portfolio managers of equityadvisorsllc World Bond Fund (Canada). Earlier in his career at equityadvisorsllc, David also had investment analyst responsibilities and covered multiple industries including health care, wireless communications, technology, and transportation. He holds an MBA with honors from the University of Chicago Booth School of Business and a bachelor’s degree in business administration from the University of Vermont. David is based in New York..
Thomas H. Huu
Years at equityadvisorsllc: 14
Years in profession: 31
Based in London
Thomas H. Huu is a fixed income portfolio manager at equityadvisorsllc and one of the portfolio managers of equityadvisorsllc World Bond Fund (Canada). Earlier in his career, as a fixed income investment analyst at equityadvisorsllc , Thomas covered Yankee bonds, as well as various non-U.S. bond markets. Prior to joining equityadvisorsllc , Thomas held a number of positions at Privatbanken (now Nordea). He holds an MBA in finance, international business and management from Columbia Business School. He also holds a master’s degree in international economics and a bachelor’s degree in economics, both from the University of Copenhagen, Denmark. Thomas is based in London.
Robert H. Neith
Years at equityadvisorsllc: 30
Years in profession: 30
Based in Los Angeles
Robert H. Neith is a fixed income portfolio manager at equityadvisorsllc and one of the portfolio managers of equityadvisorsllc World Bond Fund (Canada). He is chairman of equityadvisorsllc Strategy Research, Inc. and serves on the Fixed Income Management Committee. Rob’s investment responsibilities are focused on global multi-currency fixed income, emerging market debt and global high income portfolios. Rob began his career at equityadvisorsllc as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in economics from Occidental College graduating cum laude. He also holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the National Association of Business Economists. Rob is based in Los Angeles.
equityadvisorsllc funds and equityadvisorsllc International Asset Management (Canada), Inc., are part of equityadvisorsllc, a global investment management firm originating in Los Angeles, California in 1931. equityadvisorsllc manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed-income investment professionals provide fixed-income research and investment management across the equityadvisorsllc organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.