Fund Changes - Baring High Yield Bond
Fund name changes to Barings Developed and Emerging Markets High Yield Bond Fund with effect from 23 February 2017.
Impacts on
these products
Fund changes
Barings International Fund Managers have notified the following changes in order to provide flexibilities and to utilise expertise globally across its group companies.
Appointment of Barings LLC and Barings (U.K.) Limited as the sub-investment managers
The Investment Manager has determined to appoint both Barings LLC and Barings (U.K.) Limited to provide discretionary investment management services to the Fund and to assist in the implementation of the investment objective and policy of the Fund.
Change of name from "Baring High Yield Bond Fund" to "Barings Developed and Emerging Markets High Yield Bond Fund"
Barings considers the new name can better reflect the current investment objective and policies, as well as geographical coverage of the Fund, so as to reflect that the Fund may invest in both developed and emerging markets.
NB: The changes will not result in any shift in the overall risk profile or the investment objective and policy and will not result in any change to the current fee structure.
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For more information you can see the notification from Barings International Fund Managers opposite or contact Baring Asset Management (Asia) limited by email at HK.Mutual.Fund.Sales@barings.com