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Diversified holdings the key to New Star fund; High Yield Bond fund aims to provide a headline yield of 7% with a potential for growth.

Publication: Investment Adviser
Publication Date: 07-OCT-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Diversified holdings the key to New Star fund; High Yield Bond fund aims to provide a headline yield of 7% with a potential for growth.(corporate bonds)(Brief Article)

Article Excerpt
Shaista Ahmed

With global equity markets gripped by volatility and uncertainty, investors are looking to bonds for some respite.

But the recent rush to government bonds has prompted some to suggest they may have reached their peak and there is little further growth left in gilts. On the other hand, the prospects for corporate bonds, though, look more promising.

So the timing of the New Star High Yield Bond seems fitting and it should be well placed to take advantage of negative sentiment over equities.

New Star launched its High Yield...

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