Manulife Absolute Return Rates Fund
|Investment Advisor||Manulife Investment Management|
|Portfolio Manager||Grant Peterkin|
|Fund AUM as of||31 August 2019|
|Max Gearing / Exposure||3000% (N.B. Duration limits of +/- 8yrs apply)|
|Fund Inception||31 October 2017|
The Fund aims to provide a positive absolute return on a rolling twelve months basis, uncorrelated to bond and equity market conditions. The Fund aims to achieve this by targeting 4-6% tracking error of volatility against the Sterling Overnight Interbank.
Sterling Overnight Interbank Average Rate (SONIA)