Scout Investments[see profile] has added the
Scout Unconstrained Bond Fund, to its mutual fund lineup. The new offering will bet on relative value opportunities across the fixed-income space.
Specifically, the fund will bet on investment grade and high-yield credit, governments, agencies, mortgage-backed, asset-backed, and foreign markets.
“The Unconstrained strategy allows us to pursue what we feel are the best investment opportunities in the marketplace over the long term without the constraints of a benchmark” stated
Mark Egan, the fund’s lead PM and managing director at Reams Asset Management, a division of Scout Investments.
Scout Investments Launches Unconstrained Bond Fund
KANSAS CITY, MO. (Sept. 29, 2011) – Scout Investments® (Scout) has expanded its mutual fund lineup with the launch of its Scout Unconstrained Bond Fund (SUBFX), a product designed to pursue relative value opportunities across all facets of the fixed-income universe.
“The Unconstrained strategy allows us to pursue what we feel are the best investment opportunities in the marketplace over the long term without the constraints of a benchmark” said Mark Egan, the fund’s lead portfolio manager and managing director at Reams Asset Management (Reams), a division of Scout Investments.
The fund’s absolute fixed-income return focus will provide investors with an alternative strategy for the bond portion of their portfolios, particularly during periods of market volatility and the potential for rising interest rates.
“We remain committed to providing industry-leading investment solutions. We are pleased to provide a product that leverages the strength of our fixed-income team and has the opportunity to enhance performance in varying market environments,” said Andy Iseman, chief executive officer of Scout Investments.
Reams, acquired by Scout in 2010, specializes in fixed-income securities. The Scout Unconstrained Bond Fund aims to capitalize on what we believe to be Reams’ “best ideas” through a disciplined investment process that emphasizes relative value. The fund’s management will seek opportunities in all sectors, including investment grade and high-yield credit, governments, agencies, mortgage-backed, asset-backed, and foreign markets.
“Our team is excited about making this strategy available to a broader audience beyond the institutional marketplace,” Egan said. The launch of the Scout Unconstrained Bond Fund follows the introduction of the Scout Global Equity, Scout Core Bond and Scout Core Plus Bond funds earlier this year.
About Scout Investments
Scout Investments, Inc., headquartered in Kansas City, Mo., has $19 billion under management and offers equity and fixed income investment management strategies for institutions and individual investors through separate accounts and the Scout Funds.
Domestic large cap, mid cap, small cap, international, international small/mid-cap, and global equity portfolios are offered through Scout Investments. Fixed income portfolios in core plus, core, intermediate, long duration, low duration, unconstrained and real return (TIPS) are offered through Scout’s fixed income division, Reams Asset Management. Scout is a subsidiary of UMB Financial Corporation (NASDAQ: UMBF). More information can be found at www.scoutinv.com. 
Edited by:
Hung Tran
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