Capital Group has partnered with Bank of Singapore to distribute its' multi-sector income fund (LUX) to clients in the private bank's global network. 

The fund combines four key fixed income sectors with distinctive income characteristics – investment-grade corporate bonds, high-yield corporate bonds, emerging market bonds and securitised credit – in a single portfolio. Other features of the fund include diversification with four income drivers, flexibility to tilt exposure in changing markets and a balanced risk profile.

“Recent market uncertainties have been challenging to investors and underscore the benefits of holding bonds with duration as portfolio ballast. Investors should continue to expect diversification benefits, especially as central banks like the Fed focus on combating weak growth and employment rather than inflation,” said Jeik Sohn, head of Singapore and Southeast Asia client group, Capital Group.