Loomis Sayles Strategic Income - Gold

FUND RESEARCH UPDATE: New Fund rating of Gold.

Ruli Viljoen 23 August, 2013 | 11:53AM
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We are initiating coverage of Loomis Sayles Strategic Income with a Morningstar Analyst Rating™ of Gold. This newly launched UK-domiciled fund replicates the strategy in place on the US-domiciled Loomis Sayles Bond fund and the Dublin-domiciled Loomis Sayles Multisector Income fund, both of which are rated Gold. Managed by veteran Dan Fuss for more than two decades, this corporate-heavy, often deep-value strategy has delivered stellar returns for investors over the long term, albeit with higher risk. In particular, the fund may invest up to 20% in equities, and can be significantly exposed to non-USD denominated issues, which makes for a bumpy ride in times of market stress. In spite of a recent high-profile departure, we believe the team at Loomis Sayles, consisting of two comanagers working alongside Dan Fuss since 2007 and an impressive bench of analysts, remains well-equipped to execute this mandate.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Loomis Sayles Strategic Inc N/D GBP117.55 GBP-1.15

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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