Generating value Across generations
ASA Bonds LATAM
Investment Objective
ASA Bonds LATAM fund aims to generate returns through income and capital appreciation in the medium to long term, investing in a diversified portfolio of USD-denominated bonds from Latin American issuers.
Key Information
- Fiduciary Structure: Cayman Islands Segregated Portfolio Company
- Investment Manager: ASA Asset Management LLC
- Benchmark:
- S&P U.S. Treasury Bond 3-5 Year Total Return
- Base Currency: USD
- NAV Calculation Frequency: Daily
- Liquidity Terms:
- Subscription: Monthly
- Redemption: Monthly
- Notice: 2 Days
Investment Strategy
ASA LATAM Bonds implements a diversified public fixed income strategy with moderate duration and credit risks, investing primarily in USD-denominated bonds from Latin American corporations and government entities.
The strategy retains some flexibility to invest in other regions, local currency instruments, other credit-related instruments, and third-party funds – including ETFs, mutual funds, and other collective investment vehicles.
Allocations are actively managed and adjusted in response to evolving market and economic conditions.
Portfolio Role
ASA LATAM Bonds is designed to serve as a total return strategy, providing investors with a diversified portfolio of USD bonds in a single investment vehicle.
The strategy is positioned for investors seeking a moderate risk profile and moderate diversification within the fixed-income asset class.
Over investment horizons of five years or longer, diversification across asset classes and strategies aims to reduce return dispersion and increase the probability of generating positive real returns above inflation.