Why invest in this Fund?

Although CHIG sits in the IA Sterling Corporate Bond sector, its true position is in the middle of that sector, the Strategic Bond sector and the Targeted Absolute Return sector,  providing investors with a very low level of volatility and downside risk throughout an investment cycle.
Within the risk controls, the Fund is traded actively to eke  out excess returns, rather than holding credits to maturity.
Buy/sell discipline is largely relative value trades of individual credit spreads over gilts, buying when spreads widen,  
and selling when they tighten.

Below: CHIG vs the IA Sterling Corporate Bond Sector, 20 years

CHIG operates under strict risk controls the aim of which is to provide a Fund with low volatility, a fair yield and an emphasis on absolute returns, not relative.
◆    100% investment grade debt only
◆    Minimum 30% AAA credit exposure
◆    Maximum holding size, £5m
◆    Maximum counter party exposure, 4%
◆    Maximum subordinated debt, 30%
◆    Maximum gilts, 20%
◆    Maximum unrated debt, 15% (must read across to investment grade)
◆    Typical duration range 3-10 years

Below: CHIG vs the IA Sterling Corporate Bond Sector, 20 years 

CHIG is represented by the dark blue square, the sector average is represented by the red triangle.