JCB added to Macquarie’s wraps
Jamieson Coote Bonds' (JCB) active Australian bond strategy has been added to Macquarie Wrap’s Investment Manager and Super Manager suite of products.
The fund, CC JCB active bond fund, was the retail version of the fund manager's wholesale strategy, which ranked as the number one Australian fixed income fund for 2015, according to the Yield Report. The fund also recently received a ‘recommended' rating from research house, Lonsec.
JCB is a specialist bond manager, based in Melbourne. The fund is distributed by Channel Capital.
Channel Capital's head of distribution, Andrew King, said: "Whilst many fixed income managers are seeking extra returns by drifting further into credit and other higher risk debt securities, JCB's focus is on the most defensive true-to-label role of bonds, which is to provide defensive characteristics and diversification".
The demand for a disaggregated, specialist government bond manager would continue to grow, as bank-related portfolio exposures worried advisers and asset allocators, he said.
The bank-related portfolio exposure were in the form of corporate credit, bank hybrids, negatively geared property, term deposits and Australian bank shares, King said.
"When looking for liquidity, security and diversification without credit or equity like exposures, JCB's active Australian Government Bond strategy becomes a sensible option to consider."
For more information on JCB's active bond fund, or to compare the fund it its index, click here.
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