MANULIFE Asset Management and Trust Corp. (MAMTC) introduced its very own Asia Dynamic Bond Feeder Fund (ADBFF), a unit investment trust fund that seeks to optimize total returns by putting its assets in a bond collective investment scheme.
For a minimum investment of $100 or P5,000, the ADBFF exposes investors to a diversified portfolio of fixed income securities issued by governments, agencies, supra-nationals and corporate issuers located primarily in the Southeast Asia and other allowable investments.
This is a flexible portfolio that dynamically allocates across hard and local currency Asia bonds to generate attractive returns.
Likewise, it aims to derive benefits from interest rate, credit and currency opportunities.
“Asia has one of the world’s largest and fastest-growing bond markets,” Aira Gaspar, president and CEO of MAMTC, said in a statement. “It is expected to remain the bright spot of the global economy given the superior growth potential and sound fiscal and debt dynamics of Asian countries.”
The top executive said “investors can leverage on this positive outlook” through the ADBFF.
The ADBFF is a flexible portfolio that dynamically allocates across hard and local currency Asia bonds to generate attractive returns. It seeks to derive benefits from interest rate, credit and currency opportunities.
“Investors can take advantage of this positive outlook through the Asia Dynamic Bond Feeder Fund,” Gaspar said.
A statement quoted MAMTC Chief Investment Officer Endre Pedersen as saying, “Asia’s bond universe is unique, offering a diverse opportunity set.”
For example, China and Indonesia are expected to open opportunities.
China bonds’ inclusion into the global bond indices could be a game changer for global bond investors, a development that could lead to dramatic inflow into the market.
Indonesia’s economy, on the other hand, has grown steadily with inflation under control. Thus, Indonesia bonds offer attractive real yields to investors.
Sound fundamentals around the region and the diverse opportunities offered by the Asian bond market make it a compelling proposition for investors, the statement quoted Pedersen as saying.