CIBC Asset Management has launched the Renaissance Flexible Yield Fund.
CIBC Asset Management has launched the Renaissance Flexible Yield Fund.
The fund is a global, fixed-income solution that uses tactical allocation and active duration management to provide total return and lower volatility.
The fund invests in multiple fixed-income sectors, and the portfolio manager can adjust sector weights to capture opportunities. It will be managed by Jeff Gundlach, CEO of DoubleLine Capital.
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