High Yield Bonds

Strategy Overview

Investment Strategy

Through a combination of top-down and bottom-up analysis, our High Yield Bond approach relies on a tactical multi-strategy style whereby portfolio positioning across the credit spectrum, detailed security analysis as well as active duration management all constitute opportunities for generating value. Our approach to high yield security selection is conservative and prudent and focuses on companies that possess strong assets, are run by an experienced management team with a track record of success, and offer a superior level of liquidity.

Why Invest in this Strategy

  • Historically equity-like returns with capital appreciation and lower levels of volatility
  • Higher yields than traditional fixed income
  • Enhanced portfolio diversification
  • Low to negative correlation to other asset classes
  • Stronger yield can be beneficial in rising rate environment
  • Improved market dynamics and sound risk profile lead to increased demand for this asset class


The information provided herein does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information. Past performance is no guarantee of future results. Information pertaining to Fiera pooled funds is not to be construed as a public offering of securities in any jurisdictions of Canada. The offering of units of Fiera pooled fund is made pursuant to the fund’s Trust Agreement and only to those investors in jurisdictions of Canada who meet certain eligibility or minimum purchase requirements. Important information about Fiera pooled funds, including a statement of the fund’s investment objective, is contained in its Trust Agreement, a copy of which may be obtained from Fiera Capital Corporation. Unit values and investment returns will fluctuate. Please read the Trust Agreement of the pooled funds before investing. All performance data assume reinvestment of all distributions or dividends and do not take into account other charges or income taxes payable by any unitholder that would have reduced returns. Pooled funds are not guaranteed, their values change frequently and past performance may not be repeated.