Bond boutique manager’s fund recommended by Zenith
Melbourne-based bond boutique manager, Jamieson Coote Bonds (JCB) has been awarded a ‘recommended’ rating from Zenith Investment Partners for its CC JCB Active Bond Fund.
At the same time, the fund announced that its assets under management (AUM) have surpassed $1 billion due to continual inflows into its defensive bond strategy.
Andrew King, head of distribution at Channel Capital, which is a distribution partner for JCB, said that the market saw in recent time a number of discussions held by both institutional clients and advisers on how the defensive part of portfolio was going to perform under market stress.
“Australian high-grade bonds are the most defensive part of the fixed income allocation and whilst an allocation to such a strategy is common offshore, investors in Australia are becoming more concerned around risks within their portfolios,” JCB’s executive director, Angus Coote said.
“The CC JCB Active Bond Fund may provide an option for Australian investors seeking to defend their portfolio against sequencing and concentration risk at this late cycle stage.”
The fund also received the same rating from Lonsec Research.
The chart below from FE Analytics shows the performance of the fund over the last year relative to it’s sector and benchmark.
Recommended for you
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
