Although there has been much debate about what this stimulus means for inflation, our forecasts have only risen modestly. Inflation prints will …
The Mondrian Global Fixed Income Fund (the Fund) aims to generate current income consistent with the preservation of principal. The Fund intends to invest primarily in a global portfolio of fixed and/or floating rate debt securities denominated in any currency and issued by governmental and supranational issuers located throughout the world that may provide the potential for capital appreciation. The debt securities the Fund invests in will generally be rated BBB- or better by Standard & Poor’s or Baa3 or better by Moody’s Investors Service or if unrated, be deemed to be of comparable quality by the Investment Manager. The Fund may invest in a broad range of debt securities, including government, municipal, sovereign and supranational bonds and other debt securities, instruments and obligations issued by governments, their agencies, instrumentalities or political subdivisions and supranational entities. Types of bonds the Fund may invest in but is not limited to are zero coupon bonds and inflation-linked bonds.
FTSE WGBI EUR
November 2, 2020
Entry/ exit charge
Minimum Initial Investment
Minimum Subsequent Investment
EUR 88.4 million
As of March 31, 2021
|Yield to Maturity (%)|
|Modified Duration (years)|
|Average Maturity (years)|
|Average Credit Rating|
|Number of Issues|
Source: Mondrian Investment Partners/Bloomberg Barclays
The US dollar is extremely overvalued and if history is any guide it is poised for a substantial multi-year fall. According to our Purchasing Power Parity (PPP) valuations, it is now overvalued against every major currency in the world.
© 2021 Mondrian Investment Partners Limited is authorised and regulated by the Financial Conduct Authority – Firm Reference Number 149507.
All information is as of March 31, 2021 unless otherwise noted.
201 King of Prussia Road
Radnor, PA 19087
The funds referenced on this website may not be registered for distribution in your particular country. None of the information available on this website is intended to be published or made available in any country where to do so would result in the breach of any applicable law or regulation in that country. You should only view information on our funds if it is lawful for you to do so in your country. Please check registration by country here.