Core Plus Fixed Income

The GIA Core Plus Fixed Income strategy consists of broadly diversified portfolios focusing on global credit as its primary source of excess returns. The plus sectors are made up of global high yield and emerging markets corporate debt. The securities universe includes investment grade credit, global high yield, emerging markets debt, income-oriented securities, government bonds, mortgage-backed securities, and asset-backed securities.

Key Attributes

  • Bottom-up, fundamentally-driven investment approach with credit as the primary source of excess return.
  • Credit research focused on creditworthiness and relative value.
  • Limited exposure to macro risks (interest rates, currency)
  • Portfolio construction objective: build yield-advantaged portfolios
  • Apply macroeconomic and geopolitical overlay
  • Manage or eliminate unintended risks.
  • Active risk management and portfolio review
  • Average credit quality A/BBB+
  • Currency: U.S. dollars
1Q25-GIA-Core-Plus-Fixed-Income-Fact-Sheet
Fact Sheet

Dancing Waves of Light

The aurora is born when energized particles are emitted from the sun’s corona creating a solar wind that slams into Earth’s upper atmosphere at speeds of up to 45 million mph. The Earth’s magnetic field deflects the particles toward the poles. The bright colors of the northern and southern lights are determined by the chemical composition of the Earth’s atmosphere with nitrogen molecules producing red and oxygen molecules producing green. A cinematic atmospheric phenomenon these dancing waves of light continue to dazzle scientists and sky-watchers alike.