introduction

everbright dynamic bond fund is tailored for professional investors with usd assets. the fund seeks stable absolute return through investment primarily in offshore chinese corporate securities including investment-grade, high yield and convertible bonds. leverage and derivative could be employed to enhance yield and control risks.

investment philosophy

• we believe there are inefficiencies in the offshore chinese corporate debt markets arising from investor emotions, market complexities and conflicting institutional constraints
• we combine fundamental credit and economic insights with proprietary quantitative research in seeking to exploit such inefficiencies

investment strategy

• tactical asset allocation across investment grade, high yield and convertible bonds
• chinese corporates focus but may selectively diversify into other asian names
• diversification across industrial sectors and issuers
• prudent use of leverage to enhance yield
• currency overlay to monetize implied carry and capture potential appreciation
• potential use of hedging against systematic risks

our edges

• cross-border asset management platform and research network
• experienced investment team