Products August 6, 2003

Fiduciary Trust Adds Two Fixed Income Funds

August 6, 2003 (PLANSPONSOR.com) - Fiduciary Trust Company International has released two new fixed income funds offering institutional investors new conduits for investing in the core and core plus sectors of the fixed income market.
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Both funds – Fiduciary Trust Core Fixed Income Fund and Fiduciary Trust Core Plus Fixed Income Fund – seek to take advantage of the spread sectors ofthe bond market, particularly in the core and core plus strategies, according to a news release.

A “core” fixed income approach is typicallycomprisedof the investment grade sectors such as government and corporate bonds and mortgage-andasset-backed securities.   Comparatively, “core plus,” is a fixed-income stylethat permits investment managers to add instruments with greater risk aswellas greater potential returns, including high-yield, global and emergingmarketdebt to their core portfolios of investment-grade bonds.

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