Bestinvest says
This fund retains some flexibility to invest outside of the high yield bond market to enable the manager to maximise investment opportunities and reduce risk during market dislocations. The fund is managed by the established team of Paul Reed and Paul Causer.
The managers undertake an active approach to portfolio management which incorporates market/sector views and research driven stock selection with the view to highlighting securities that are on attractive valuations relative to peers. Analysis generated outside the team is important and the managers maintain close links with preferred city brokers.