In the words of its manager, Ian Francis, CQS New City High Yield Fund (NCYF) is really conservative and boring! However, we think Ian’s description undersells the fund. NCYF offers a compelling yield and has beaten the consumer price index, Libor and the MSCI UK Index by significant margins over the last 10 years; all the while providing low volatility returns. Furthermore, its premiumrating(anaverage of 5.5% during the last year) and its ongoing share issuance (5.3% during the last ye
28 Mar 2018
Conservative and boring
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Conservative and boring
CQS New City High Yield Fund Ltd GBP (NCYF:LON) | 52.8 0.2 0.8% | Mkt Cap: 283.7m
- Published:
28 Mar 2018 -
Author:
Ed Marten -
Pages:
18
In the words of its manager, Ian Francis, CQS New City High Yield Fund (NCYF) is really conservative and boring! However, we think Ian’s description undersells the fund. NCYF offers a compelling yield and has beaten the consumer price index, Libor and the MSCI UK Index by significant margins over the last 10 years; all the while providing low volatility returns. Furthermore, its premiumrating(anaverage of 5.5% during the last year) and its ongoing share issuance (5.3% during the last ye