Anfield Universal Fixed Income Fund (AFIF)

Overview

The fund in discussion is an actively managed exchange-traded fund (ETF) that focuses on diversifying its investments across a wide range of fixed income instruments. With the primary strategy to invest at least 80% of its net assets, including any borrowings for investment purposes, this fund seeks to balance risk and return by spreading its investments across various sectors and financial instruments. The goal is to offer investors exposure to a mix of fixed income assets, aiming to deliver steady returns in different market conditions.

Products and Services

• Corporate Bonds

  A mainstay of the fund’s investment portfolio, corporate bonds are debt securities issued by companies to raise capital. They offer investors a fixed or variable rate of return in exchange for lending money to the issuer.

• U.S. Government and Agency Securities

  These securities are issued by the United States government or its agencies. They are considered safe investments with lower yields compared to other instruments, providing a foundation of stability within the portfolio.

• Master-Limited Partnerships (MLPs)

  MLPs are investments in energy-related commodities and industries, offering both high yield and tax advantages. They typically involve participation in the energy sector, focusing on the exploration, extraction, and management of natural resources.

• Private Debt

  This comprises loans and debt securities not traded on public markets. Investing in private debt allows the fund to access higher returns compared to traditional, publicly traded debt instruments, albeit with higher risk.

• Foreign Sovereign Bonds

  Bonds issued by foreign governments to finance the country's growth. Investing in foreign sovereign bonds diversifies the portfolio geographically and offers exposure to various economic environments outside the U.S.

• Convertible Securities

  These are bonds or preferred shares that can be converted into a predetermined amount of the company's equity at certain times during the bond's life, usually at the discretion of the bondholder.

• Bank Loans

  Investments in loans made by banks to companies, often syndicated and sold to investors. Bank loans typically are secured by the company’s assets and may offer higher yields than government or corporate bonds.

• Asset-backed Securities (ABS) and Mortgage-backed Securities (MBS)

  ABS are bonds or notes backed by financial assets. MBS are secured by mortgage loans. Both provide regular payments derived from the underlying assets, offering added layers of diversification and risk management.

• Cash Equivalent Instruments

  These are high-liquidity, short-term investments with maturities usually less than 90 days. Cash equivalents include treasury bills, money market funds, and short-term certificates of deposit. They offer stability and easy access to funds.