Ariel Bezalel, who runs the Jupiter Strategic Bond Fund, is an up and coming fund manager to watch, says Emma Dunkley in The Independent on Sunday. "Strategic funds are very popular at the moment however, they are not all the same," Philippa Gee of Philippa Gee Wealth Management tells the newspaper. "Ariel thinks a lot more strategically than the others and deserves more attention than he receives."
The fund focuses on achieving high income and capital growth by investing in high-yield bonds, government bonds, preference shares and other bonds. It is up by 5.8% over one year and 70% over five. The success of the fund since it launched in 2008 has been down to Bezalel's approach to risk management, says Gee. "His use of gilts from Australia and Norway has proved a classic example of this approach," she says.
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Jupiter Strategic BondFund top ten holdings
| Australian Government 5.75% 2022 | 6.78% |
| Australian Government 5.5% 2023 | 4.43% |
| Australian Government 4.75% 2027 | 2.57% |
| TUI Travel 6% CV 2014 | 2.06% |
| Spirit 5.472% 2028 | 1.95% |
| Interxion Holdings 9.5% 2017 | 1.80% |
| Royal Bank of Scotland 6.934% 2018 | 1.77% |
| Asian Development Bank 2.85% 2020 | 1.75% |
| Eksportfinans 5.5% 2017 | 1.50% |
| Golden Close Maritime 11% 2015 | 1.42% |
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