Symmetry Panoramic Global Systematic Fixed Income Fund Class I Shares (SPGBX)

Overview

The fund focuses on investment strategies that encompass a broad spectrum of fixed income securities. It primarily targets an investment portfolio that dedicatedly allocates at least 80% of its net assets towards fixed income securities, aiming to diversify its investment across various sectors and geographies. The fund is structured to cater to investors looking for exposure in both U.S. and non-U.S. markets. This broad investment approach allows the fund to adapt and seek opportunities across different economic environments, striving for consistent returns over time.

Products and Services

• Government and Government Agency Obligations

Investments in securities issued or guaranteed by government entities or their agencies. This includes a wide range of debt instruments such as treasury bills, government bonds, and other securities backed by the credit of national governments or their agencies, offering a mix of stability and returns to investors.

• Bank Obligations

The fund invests in obligations issued by banks, including but not limited to, certificates of deposit, promissory notes, and other forms of bank-issued debt securities. These investments offer a balance between risk and return, leveraging the financial stability and creditworthiness of banking institutions.

• Corporate Bonds

Investments in debt securities issued by corporations. Corporate bonds are a way for the fund to lend money to companies in exchange for interest payments, along with the return of principal at maturity. These bonds cover a wide range of industries, credit ratings, and maturities, providing diversified exposure to the corporate sector.

• Asset-backed Securities

These are securities backed by a pool of assets, typically loans, leases, credit card debt, or receivables. The fund invests in these securities to gain exposure to different types of consumer and business credit, with the security of a tangible asset base underlying the investment.

• Mortgage-related and Mortgage-backed Securities

The fund invests in securities that are either directly secured by mortgages or are structured products based on mortgage portfolios. These investments provide exposure to the real estate market through debts secured by property, offering potential for income and capital appreciation.

• Commercial Paper

Short-term, unsecured debt issued by corporations. The fund invests in commercial paper to secure higher yields compared to traditional savings or money market instruments, taking advantage of the short-term liquidity and relatively low risk presented by these securities.

• Repurchase Agreements

Short-term investments involving the purchase of securities with an agreement to sell them back at a predetermined price. This allows the fund to invest cash on a short-term basis, with minimal risk, while earning a return on the investment through the repo rate.

• Other Debt Obligations and Cash and Cash Equivalents

Beyond the aforementioned securities, the fund also invests in a variety of other debt obligations and maintains a portion of its assets in cash and cash equivalents. This includes money market funds, treasury bills, and other high-liquidity, low-risk investments, allowing for flexible management of the fund’s assets and liquidity.