Muzinich Global Tactical Credit Fund Hedged GBP Income H Units

Category Global Flexible Bond - GBP Hedged

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£92.63

arrow-down£-0.14 (-0.15%)

Fund Code

MUGHI

BYV1C69

IE00BYV1C692

Prices updated as at 12 Dec 2025

Prices in GBP

Investment objective

The Fund seeks to generate consistent attractive returns on a risk-adjusted basis over a three to five year period. The Investment Manager seeks to meet its objective primarily through investments in high yield (i.e. sub-investment grade) corporate bonds and/or investment grade corporate and government bonds issued by US, European and emerging market issuers. The flexible allocation between high yield and investment grade, and among various geographies, will be determined primarily based on a relative value assessment across global credit markets. The Investment Manager will invest at least 51% of the Net Asset Value of the Fund in fixed and/or floating rate corporate and government bonds issued by US, European and emerging market issuers (normally less than 40% of the Net Asset Value of the Fund will be invested in emerging market issuers), which are listed and/or traded on a Recognised Exchange.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

Muzinich & Co. (Ireland) Limited

Fund launch date

13 Nov 2013

Domicile

Ireland

UCITS

Yes

Fund manager

Michael McEachern

Manager start date

10 Feb 2014

Fund manager biography

Mike joined Muzinich in 2012. He is the Head of Public Markets, a Portfolio Manager and a member of the firm’s Investment Committee. Mike is also the lead PM for the Global Tactical Credit and Credit Opportunities Funds. Prior to joining Muzinich, he was President and Head of the High Yield Division at Seix Advisors, Inc. At Seix Advisors, Mike was the Founding Partner of the high yield strategy that grew to over $13 billion, under his leadership. Previously, he served in various research and portfolio management capacities at American General Corp. and at Capital Holding Corporation. Mike earned a B.A. in Management Science from the University of California, San Diego and an M.B.A. from Rice University. He holds the Chartered Financial Analyst Designation.

Head office

32 Molesworth Street

Dublin

Ireland

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