Mutual Fund Top Trumps – US high yield
By Fund Selector Asia, 31 Oct 18
This week FSA presents a quick comparison of two US high yield products: the Fidelity US High Yield Fund and the Pimco US High Yield Bond Fund.
All relevant fund data converted to US dollars for comparative purposes.
Performance, alpha and volatility are annualised over three years with data as reported at the end of last month.
Information ratio aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.