Scout Investments has rolled out a new mutual fund the Scout Unconstrained Bond Fund. The product seeks to capitalize on “best ideas” of Scout’s unit Reams Asset Management through a disciplined investment process. The product may invest in all sectors, such as investment-grade and high-yield credit, governments, agencies, mortgage-backed, asset-backed and foreign markets. Reams’ managing director Mark Egan is lead portfolio manager of the fund. Investors will be provided with an alternative strategy for the bond portion of their portfolios through the fund’s absolute fixed-income return focus.
Click here for the release from Business Wire.