BlueBay High Grade Structured Credit Short Duration Fund

ISIN
Key documents

    Objective

    The BlueBay High Grade Structured Credit Short Duration Fund (the Fund) is actively managed and targets better returns than its benchmark, the ICE BofA Merrill Lynch Euro Currency 3-Month Deposit Offered Rate Constant Maturity Index, by investing in a portfolio of Structured Credit Securities.

     

    This is a marketing communication. There are several risks associated with investing in this product. Please refer to the prospectus of the fund and to the KIID available on this website before making any final investment decisions.

    Investment approach

    • Focus on high quality bonds typically rated AAA

    • Diversified exposure across the ABS market

    • Fundamental bottom-up analysis alongside assessment of market technicals and macro inputs

    Market opportunity

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    High grade ABS offer significant protection from a pick up in defaults
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    Bonds typically trade at a yield pick up versus similarly rated more traditional fixed income
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    ABS are typically floating rate and have a shorter spread duration versus other assets
    Sid Chhabra 350 x 290.jpg

    Sid Chhabra

    Partner, Head of Securitized Credit & CLO Mgmt, Securitized Credit

    Sid is Partner, Head of Securitized Credit & CLO Management and a Senior Portfolio Manager within the team. Sid joined RBC BlueBay in June 2018 and has over 19 years of credit, securitized credit and CLO experience, having been involved in the securitized credit markets from the earliest stages of issuance. He was most recently a London-based Managing Director, responsible for securitized credit and CLOs, at Anchorage Capital Europe, a USD15 billion alternative investment manager. Prior to Anchorage, Sid was part of the Securitized Credit/CDO Group, EMEA, at JPMorgan where he was involved in originating, structuring and investing in securitized credit products. Sid holds a BTech from the Indian Institute of Technology, Madras (IITM) and an MS from the London School of Economics.

    Ashley Blatter 350 x 290.jpg

    Ashley Blatter

    Portfolio Manager, Securitized Credit & CLO Mgmt

    Ashley joined RBC BlueBay’s Structured Credit and CLO businessin September 2018. Prior to joining RBC BlueBay, Ashley was Head of Specialist Credit Investments and Structured Credit at QBE Insurance Group. He previously spent 14 years at NM Rothschild & Sons where he was latterly responsible for managing the European Leveraged Loan/CLO portfolio. Ashley began his career in Acquisition Finance at JPMorgan and holds a BSc in Mathematics from Imperial College, London.

    Tom Mowl 350 x 290.jpg

    Tom Mowl

    Portfolio Manager, Securitized Credit & CLO Mgmt

    Tom joined RBC BlueBay’s Securitized Credit and CLO Management business in April 2021. Tom has over 14 years of structured credit investing experience and before joining RBC BlueBay was most recently a Senior Portfolio Manager at CIP Asset Management, managing US and European asset backed securities. Prior to this, he held a similar position at WyeTree Asset Management, a specialist ABS investment boutique, where he was the Portfolio Manager. He started his career at Solent Capital Partners as an ABS Analyst. Tom is a Chartered Financial Analyst, holds an MSc Financial Mathematics with Distinction from Warwick Business School and has a BSc (Hons) Mathematics and Physics from the University of Warwick.