United StatesIn this 8-minute video, Roberto Bosch, CFA®, Portfolio Specialist, speaks with Tony Trzcinka, CFA®, Senior Portfolio Manager, and Greg Hasevlat, Head of Sustainability & Stewardship, Fixed Income, about the role core fixed income can play within diversified portfolios.
The discussion explores the role core fixed income can play within diversified portfolios and the investment approach behind the Impax Core Bond Fund. The speakers explain the team’s proprietary credit framework, approach to structured credit and integration of sustainability analysis as a forward-looking tool for assessing credit risk. Viewers will also gain insight into how sector- and issuer-level risks are evaluated and how stewardship, engagement and traditional credit research are incorporated into the investment process.
Investments involve risk, including potential loss of principal.
RISKS: Yield and share price will vary with changes in interest rates and market conditions. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. Mortgage related securities tend to become more sensitive to interest rate changes as interest rates rise, increasing their volatility. There is also a chance that some of the fund’s holdings may have their credit rating downgraded or may default. The Fund invests in companies that the Adviser believes are well positioned to benefit from the transition to a more sustainable global economy, integrating a proprietary corporate resilience analysis that considers governance structures, the management of material environmental and social risks, climate risks (physical and transition), human capital management, and controversies into portfolio construction and managing the portfolio within certain risk parameters (e.g., sector and regional exposure) relative to the Fund’s benchmark universe. The Fund is actively managed, and investment decisions based on Corporate Resilience factors may adversely impact the Fund’s performance.
You should consider Impax Funds’ investment objectives, risks, and charges and expenses carefully before investing. For this and other important information, please download a fund prospectus. Please read it carefully before investing.
Impax Funds are distributed by Foreside Financial Services, LLC. Foreside Financial Services is not affiliated with Impax Asset Management.