Anfield Capital Elevated To Unconstrained Fixed Income Fund's Sole Advisor
PIMCO Alumni Address Need for Flexible Bond Diversification in Changing Market Environment
NEWPORT BEACH, Calif., April 15, 2014 /PRNewswire/ -- Anfield Capital Management, a Registered Investment Advisor dedicated to providing investors with long-term capital appreciation through unconstrained core investment strategies, announces it has been appointed sole advisor to the Anfield Universal Fixed Income Fund (Ticker: AFLIX) by the Fund's Board of Trustees.
"The Anfield Universal Fixed Income Fund is a new breed of core fixed income fund, created to address evolving conditions in the fixed income markets," said David Young, CFA, Founder and Chief Executive Officer of Anfield. "As interest rates begin to normalize and inflation follows suit, fixed income investors need a flexible-core strategy that isn't wed to a benchmark and has few investment restrictions in the attempt to achieve risk-managed returns regardless of interest rate movements."
The Fund, launched on June 28, 2013, seeks to generate positive returns and capital appreciation over the course of full market cycles. Anfield designed the Fund to give fixed income investors an unhindered alternative to benchmark-driven investment strategies. Since the Fund is not tied to an index, Anfield is free to pursue the most compelling investment opportunities across a wide range of interest rate and market environments, security types, sectors, geographic locations, currencies and maturities, and can make long and short investments as necessary.
Investors in the Fund can let the manager make the difficult decisions of where smart exposures are naturally occurring, and have the flexibility to change them as the bond market environment evolves. The Fund is currently available on the Charles Schwab & Co. and TD Ameritrade mutual fund trading platforms, and Anfield plans to add it to other industry-leading platforms going forward.
Anfield's principals worked together for over 15 years at Pacific Investment Management Co. (PIMCO), and have 150 years of cumulative experience in investment analysis, portfolio management and client service.
"The Anfield team's collective expertise and experience is extremely useful to investors looking to navigate the next leg of the current interest rate cycle," said Donald H. Putnam, Strategic Advisor to Anfield and a member of its Board of Directors. "The normalization of interest rates will require fixed income managers to be agile and nimble, and Anfield's smaller size enables it to execute its unconstrained investment strategy without being hamstrung by artificial impediments, a pre-existing product lineup or the gargantuan size typically associated with firms of their skill level. This attribute, along with the Anfield team's in-depth knowledge of fixed income investing, makes them a rare form of emerging manager with a veteran manager's pedigree."
From 1999 to 2006, Mr. Young served as head of PIMCO's account management group in London, which consisted of 25 investment professionals who managed more than 200 client accounts and approximately $50 billion in assets. Cyrille Conseil, CFA, Senior Portfolio Manager at Anfield, managed more than $7 billion in client assets as head of PIMCO's global leveraged loan desk. Peter Van de Zilver, CFA, Director of Portfolio Analytics and Risk Management at Anfield, was responsible for building, developing and implementing analytics and risk management systems at PIMCO before retiring in 2010.
"We left our prior firm at different times and for different reasons, and organically came back together again to focus on what we love about this industry — attempting to provide investors with the flexible diversification they need to generate returns and potentially protect their capital over a diverse range of markets," said Mr. Young.
About Anfield Capital
Anfield Capital Management, LLC is an emerging fixed income manager that brings together a team of senior investment specialists with a proven track record of success in investment analysis, portfolio management and client service.
Anfield Capital's innovative approach allows investors to give their fixed income manager the freedom to evolve the cores of their portfolios with the changing interest rate and market landscape. The firm's product lineup includes the Anfield Universal Fixed Income Fund (AFLIX), an index-agnostic mutual fund that seeks to generate attractive risk-adjusted returns and capital appreciation over full market cycles. The Fund's strategy gives Anfield Capital the flexibility to invest in only the most promising and cost-effective fixed income opportunities for investors, and to help investors successfully navigate the full range of interest rate and fixed income market environments.
The core of the Anfield Capital team has worked together for more than 15 years and has 150 years of combined experience managing billions of dollars in client assets over the long term. Anfield Capital is the money management arm of Anfield Group, LLC, which was founded by David Young, CFA in 2009 and is based in Newport Beach, Calif. For more information, please visit www.anfieldfunds.com.
There is no guarantee that any investment strategy will achieve its objectives, generate profits or avoid losses. Mutual Funds involve risk including loss of principle.
Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. High yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. The value of most bond funds and fixed income securities are impacted by changes in interest rates. Bonds and bond funds with longer durations tend to be more sensitive and more volatile than securities with shorter durations; bond prices generally fall as interest rates rise. Other fixed income security risks include credit risk and prepayment risk.
Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss. Futures contracts are subject to risks of the underlying investments that they represent, but also may involve risks different from, and possibly greater than, those associated with investing directly in the underlying investments. Futures are also subject to market risk, interest rate risk and index tracking risk. The use of leverage, such as embedded options will magnify the Fund's gains and losses.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Anfield Universal Fixed Income Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 866-866-4848. The prospectus should be read carefully before investing. The Anfield Universal Fixed Income Fund is distributed by Northern Lights Distributors, LLC member FINRA. Anfield Group, LLC, Belvedere Asset Management, and Northern Lights Distributors, LLC are unaffiliated.
CONTACT:
Dana Taormina
Jennifer Connelly Public Relations
973-850-7305
[email protected]
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SOURCE Anfield Capital Management
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