Core Bonds

Top Reasons for Choosing Addenda Capital to Manage your Core Bonds

• We are dynamic investors with complementary skills, ready to change our outlook and risk allocation based on our forecasts and credit research.
• A diversified approach to risk allocation based on return and risk expectations as well as valuation opportunities.
• We have one of the largest credit teams in Canada.
• ESG analysis adds a level of consciousness to the investment process that enhances risk mitigation and long term value creation in our portfolios.

• Optimal portfolios are constructed from a diverse set of opportunities, through a multi-strategy approach based on fundamental macro research within a strong risk framework.

Our Core Bonds investment approach incorporates interest rate anticipation, yield curve management, active sector allocation and individual security selection through:

• Extensive top-down macroeconomic analysis to determine our expectations for growth, inflation and the global risk backdrop.
• Rigorous and disciplined bottom-up analysis which serves to identify attractive individual issues and issuers. Our internally-generated credit research is used to identify issuers with stable to improving credit metrics.
•  A portfolio construction process that fosters diversification by sector, term, quality and issuer. We apply proprietary and external research and risk tools to manage overall portfolio risk, liquidity and credit quality.