He added: The team is well-balanced too, with six regional managers and three sustainability analysts contributing to stock selection. It is also competitively priced among its peers with an OCF of 0.53%.
Commenting on the addition of the Comgest Growth Japan fund to the Approved List, Younes said its performance had also been impressive . Not only is the fund run by three FE fundinfo Alpha Managers, it has a good history of offering downside protection, while having in place a strong ESG process which analyses the risk of any potential investments.
FE Investments has removed the Ninety One Enhanced Natural Resources fund and the Man GLG Strategic Bond fund from its Approved List, for strategic and performance-related reasons .
these pay for parks, pay for sewers. they re not usually to pay for basic operations. they pay for stadiums and things that make cities nice. bondholders in this case are looking to see, are they going to be the ones who are basically told to pay? they bought those bonds on the assumption that they re at the top of the food chain, if you will, and everybody else has to come first when it comes to giving up your pound of flesh. now, it s a very complicated legal situation. no one is sure how this is going to shake out. if the outcome is that the bondholders have to accept 75%, 50%, those are the types of bonds that are at stake here are very common and are issued by many, many cities. hundreds, if not thousands of cities. if bondholders go under, in this case it raises a lot of questions about how safe other bonds are issued by other cities. remember, these are so-called safe investments. the default rate is very low. the interest rate is low, but when you buy these things, you