TOTAL RETURN FIXED INCOME
Global High-Income Opportunities
Vehicle: Collective Investment Trust, Separate Account
We began managing fixed income assets for institutional clients in 1973, and Capital Fixed Income Investors had $320 billion in assets under management as of December 31, 2018.
We began managing a global high-yield strategy in 1998, after nearly a decade of experience managing both emerging markets debt and high-yield debt separately. We began investing in emerging markets debt in 1991, created an emerging markets debt fund in 1994, and most recently (2007) began managing emerging markets debt “linkers” strategies for institutional clients. We were one of the first to begin managing emerging markets equities in 1986 and launched our first private equity fund for emerging markets investments in 1992. Capital began managing high-yield bonds in 1984.
The Capital Group companies manage equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Any collective investment trusts (“CITs”) available under the strategy shown are maintained by Capital Bank and Trust Company (“trustee”), which has retained an affiliate to serve as investment adviser to the trustee for the CITs.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund prospectuses/summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants' plan provider or employer.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.