An op­tion for those seek­ing ex­po­sure to the US econ­omy

PRU­DEN­TIAL GLOBAL HIGH YIELD BOND FUND OF FUNDS

Finweek English Edition - - FUND IN FOCUS - BY JACO VISSER

This

fund is pri­mar­ily in­vested in in­vest­ment­grade debt in­stru­ments. Its big­gest hold­ing is in Pru­den­tial-af­fil­i­ated East­spring In­vest­ments’ US In­vest­ment Grade Bond Fund. The un­der­ly­ing in­stru­ments in this fund are mainly fo­cused on US in­dus­trial stocks, but the ma­jor­ity of the top 10 hold­ings are Amer­i­can banks. East­spring’s fund is run from Chicago and pri­mar­ily sold in Asia.

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