UBS La Maison de Gestion is relaunching a US credit fund for maturity with Dolan McEniry

UBS La Maison de Gestion (UBS LMDG) for a partnership with US manager Dolan McEniry, an iM Global Partner (iMGP) company. In 2018, UBS launched a US credit maturity fund 2022, reserved for private clients managed by Dolan McEniry. 70 million euros in progress and 1.70% of the net return plus later, the decision was the prize for the continuation of the adventure.

The managers are therefore launching the second version of this fund with a three-year horizon. Named LMDG Dolan McEniry US Corp 2025, it takes the same management strategy as its predecessor.

Composed of 30 to 40 issuers, the portfolio will be composed of 70% of US quality corporate bonds investment level and 30% of high-yield US bonds. «In addition, it will integrate an ESG dimension with a weak “carbon risk” score according to Sustainalytics, and will have no exposure to fossil fuels.UBS LMDG and Dolan McEniry said in a statement.

In the context of the recovery of the interest rate, the fund must allow the capture of the first loan, offering a yield of 5.4% gross out of dollars, with a duration of less than 3 years.

«Casting plus flexibility, It will remain open until maturitySaid Julien Froger, iMGP’s Europe Sales Manager. Commercial distribution will be wider this time around. «UBS LMDG offers family offices, private banks and institutions”Explains the sales manager About twenty French and Luxembourg insurers (including Swiss Life, CNP, Generali and Allianz) will also offer it in their life insurance contracts.


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