Core Income Refresh - Part 1 Rate Sensitives

A number of times during the year we break from our traditional approach of portfolio management and conduct what we call a “refresh”. Each member of the analytical team conducts independent research into sector weights and positions, as if we had just taken over a new fund or were starting from scratch. The desire is to combat Anchoring or Regret Aversion behavioral biases. To ensure we are positioned as we should be.

In this report, part 1 of 3, we have provided an abbreviated summary of the Interest Rate Sensitive sectors.