Kames Capital launches Spanish Absolute Return Bond Fund
Kames Capital has launched the Kames Absolute Return Bond Fund, its third Spanish investment fund.
The fund, which is managed by Stephen Snowden and Colin Finlayson, aims to provide investors with low-risk absolute return over a three year period.
It will invest in global debt instruments in any currency, including AAA government bonds as well as high yield and emerging market bonds.
It may invest in all types of fixed and floating rate fixed income securities and has no geographic limitations. It also uses financial derivative instruments to run a long/short strategy in order to respond to volatility.
The Kames Absolute Return Bond Fund has been launched in addition to Kames other Spanish funds, the Kames High yield Global Bond Fund and the Kames Strategic Global Bond Fund.