Credit Opportunities Explained: Leverage, Risk & Returns

What if you could enhance returns from fixed income without taking on traditional interest-rate exposure? And what role does leverage play in both the opportunity and the risk? Host Jasmine Marichic, Wealth Advisor | Client Relationship Manager, sits down with Ben Jang, Portfolio Manager | Head of Fixed Income, to unpack the Nicola Credit Opportunities Fund and the thinking behind its approach to return-seeking fixed income. You'll hear: • Why this strategy is not a cash alternative or traditional bond replacement • How shorting, or selling borrowed, government bonds can provide a different approach to leverage • How credit spreads, rather than interest-rate movements, drive much of the return opportunity • Why periods of market stress and widening credit spreads can create both risks and opportunities • How the fund manages leverage, volatility, drawdowns, and recovery periods • How the strategy can complement traditional bonds, mortgages, private debt, and cash If you're thinking about the role fixed income plays in your portfolio, and whether there are ways to seek additional returns while managing interest-rate exposure, this episode is for you. It offers a closer look at an alternative approach to credit investing, including the risks investors need to understand.