Capitalise on strong fundamentals in otherwise uncertain markets
Fixed Income can be a resilient asset class, especially during these times of high market volatility and uncertainty. Credit in particular offers an attractive entry point with very favourable fundamentals:
- Credit spreads widened sharply over summer (the widest levels for more than a year) triggered by a spike in risk aversion, and are attractive in both absolute and relative terms
- Corporate fundamentals remain strong, with companies being cash rich and not particularly leveraged, with enhanced balanced sheets
With opportunities for yield and carry, credit can generate appealing risk-adjusted returns in the current environment.
AXA IM's Credit funds suited to the current environment
AXA IM offers Credit funds across risk-return profiles, investment horizons and duration to suit a variety of investment objectives. Below is a selection of AXA IM's Credit funds that are suited to the current market environment.
AXA WF Emerging Markets Local Currency Bonds
- Position for local currency appreciation in a broad investment universe with enhanced liquidity & improving ratings