Nicola Wealth Management has launched NWM Global Bond Fund with $20.8-million in assets, the Vancouver-based company said Tuesday.

The fund’s strategy focuses on generating a high level of income and some capital appreciation by investing primarily in fixed-income securities and preferred shares issued around the world.

NWM’s new offering is the latest in a series of funds designed to increase trading efficiency, lower product and administration costs, and, in several cases, include products not normally available to the retail investor.

“Nicola Wealth Management portfolios use a broad asset allocation that extends beyond traditional asset classes,” says NWM president, David Sung. “The new NWM Global Bond Fund, in concert with our other funds and limited partnerships, allows us to improve our efficiency while ensuring our clients stay well diversified.”

Other funds in the line-up include: NWM Global Equity Fund; NWM High Yield Bond Fund; NWM Real Estate Fund; NWM Primary Mortgage Fund; NWM Balanced Mortgage Fund; NWM Preferred Share Fund; and NWM Strategic Income Fund.

Nicola Wealth Management serves the needs of high net worth individuals and their families.

IE