Semper Capital Management’s Semper Short Duration Fund (SEMIX, SEMRX) has surpassed USD500 million in assets under management as a result of strong performance and investor demand since inception in December 2010. The Fund has a 5-Star Overall Morningstar Rating out of 161 ultrashort bond funds as of 31 December, 2019.
The Fund’s primary objective is to provide a high level of current income while maintaining a focus on preservation of capital. The Fund employs an ultrashort fixed income strategy offering low correlation to short and core fixed income, with current yield, low interest rate sensitivity, and seeking to limit downside volatility. Institutional and investor classes are available for purchase directly through Semper and on most major broker dealer platforms.
Greg Parsons, Chief Executive Officer and Chairman of the Investment Committee, says: “We are pleased with the growth of this product, which reflects Semper’s deep focus on securitised debt including MBS and ABS and a proven track record of managing an ultrashort bond fund strategy, which invests in securities with low interest rate sensitivity, attractive yield, and low correlation to most other assets. We believe these characteristics are an attractive source of diversification in today’s uncertain environment.”
Tom Mandel, Co-Founder and Chief Investment Officer, adds: “As interest rates and corporate credit increasingly become sources of volatility and risk, we believe that the profiles of the securities that we invest in, coupled with the overall characteristics of the Fund, position the Semper Short Duration Fund to perform well in this environment.”
