Tactical Fixed Income

Inception: 2013

The GS+A Tactical Fixed Income Portfolio seeks to generate positive absolute returns by investing primarily in a diversified portfolio of fixed income securities encompassing a broad universe of companies and credit ratings and employing numerous fixed income investment strategies.

Such strategies may include, but are not limited to:

• investing in investment grade and higher yielding fixed income securities that trade at prices or credit spreads that do not reflect their positive fundamentals, long-term outlook or ratings
• simultaneously taking long positions in corporate bonds and short positions in government bonds, thereby aiming to produce a return that isolates the credit spreads in corporate bonds with minimal interest rate risk
• simultaneously taking long and short positions in different corporate bonds to capture the relative value between different credits, sectors and/or maturities
• overweighting our best ideas
• using leverage to enhance the return of the portfolio