Defensive less correlated returns
There is increased demand for low risk, liquid investments that offer lower correlated, positive returns in the medium to long term. This is a role that the Levendi Thornbridge Defined Return Fund can fulfil in a lower risk portfolio. It’s important to distinguish between short-term and medium-term correlation. In the short term, the value of the Fund is likely to fluctuate in line with the level of underlying markets. However, in the medium to long term the correlation can reduce. It is this potentially lower correlation in the medium to long term if markets are flat or fall that makes the Fund an appealing diversifying asset for lower risk portfolios.