Capital Group Multi-Sector Income Fund (LUX)

A multi-sector approach for reliable income

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Capital Group Multi-Sector Income Fund (LUX)

All data as at 31 December 2022 and attributed to Capital Group, unless otherwise specified.

  1. US high yield: Bloomberg US High Yield Index 2% Issuer Cap; US investment-grade corporates: Bloomberg US Corporate Index; emerging market government bonds: JPMorgan EMBI Global Diversified Index
  2. Reference index: 45% Bloomberg US High Yield Index 2% Issuer Cap; 30% Bloomberg US Corporate Index; 15% JPMorgan EMBI Global Diversified Index; 8% Bloomberg CMBS Ex AAA Index; 2% Bloomberg ABS Ex AAA Index

 

Risk factors you should consider before investing:

  • The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment.
  • Past results are not a guarantee of future results.
  • If the currency in which you invest strengthens against the currency in which the underlying investments are made, the value of your investment will decrease. Currency hedging seeks to limit this, but there is no guarantee that hedging will be totally successful.
  • The Prospectus – together with any locally-required offering documentation – sets out risks, which, depending on the fund, may include risks associated with investing in fixed income, derivatives, emerging markets and/or high-yield securities; emerging markets are volatile and may suffer from liquidity problems.
  • The fund may invest in financial derivative instruments for investment purposes, hedging and/or efficient portfolio management.

 

The information in relation to the index is provided for context and illustration only. The fund is an actively managed UCITS. It is not managed in reference to a benchmark. Past results are not a guarantee of future results.

Glossary

Sector indices: The indices used to represent fixed income sectors in this document are: for US high yield bonds - the Bloomberg US High Yield Index 2% Issuer Cap (i.e. limiting any single issuer to a maximum of 2%); for US investment grade corporate bonds - the Bloomberg US Corporate Index; for emerging market bonds - the JPMorgan EMBI Global Diversified Index (which tracks US dollar-denominated emerging market sovereign and quasi sovereign issued bonds). For Securitised bonds, we use a combination of 80% Bloomberg Corporate Mortgage Backed Securities (CMBS) Ex AAA Index; and 20% Bloomberg Asset Backed Securities (ABS) ex AAA Index.

UCITS: Undertakings for Collective Investment in Transferable Securities (UCITS) is a regulatory framework that allows for the sale of mutual funds across Europe and a number of Asian markets.

Yield to Worst: A measure of the lowest possible yield that can be received on a bond that fully operates within the terms of its contract without defaulting. It is similar to the yield to maturity, which is the percentage rate of return for a bond assuming that an investor holds the asset until its maturity date, but it accounts for bonds that an issuer can ‘call’ or repay early.