AIMS Fixed Income Fund
Aviva Investors has launched its Aviva Investors Multi-Strategy (AIMS) Fixed Income Fund to the Australian institutional market.
The AIMS Fixed Income Fund targets a three per cent per annum gross return over the Reserve Bank of Australia (RBA) cash rate (before charges) over rolling three-year periods, with volatility that is lower than global fixed income.
The fund invests in a diversified portfolio of 25-35 'strategies' drawn from across the global fixed income universe. Those strategies can be divided into three groups:
- Market strategies: harnessing the risk premia of traditional fixed income asset classes.
- Opportunistic strategies: aiming to profit from market mispricing.
- Risk-reducing strategies: preserving capital in times of market stress.