FS Invest Fixed Income Fund

Our student initiative discusses the latest news on a political and macroeconomic level. The starting point of our discussion will be a fundamental analysis of the interest rate and fiscal policy of different countries and the influence on the respective bond market and currencies. We use our findings to construct our fixed income portfolio, consisting of selected fixed income ETF’s depicting global financial markets and a variety of currencies and structures. Further, we use derivatives to hedge certain positions. Our market coverage is organized in three teams (Eurozone, US, Japan & EM), to cover all major global markets. As we only invest in Fixed Income ETF's we focus rather on the macroeconomic environment than on a single credit. The target is to benefit from macroeconomic developments. Thereby, we are focusing our analysis on fundamental data, with an investment horizon of around one year. We actively want to make use of market opportunities, evolving from market inefficiencies (e.g., biases) or political and economical events. All kinds of Fixed Income issuers are contained in our universe.