Not exact matches
Since the acquisition of the high -
grade, low - cost Paulsens mine in July 2010, Northern Star has continued to assemble a portfolio of high -
quality, high - margin mining operations, with the aim of delivering maximum total
returns to its Shareholders.
In the credit markets, both investment -
grade and high - yield corporate bonds had negative
returns for the first time in eight quarters, with down - in -
quality subsectors in each unconventionally outperforming higher
quality ones.
«In our search for new stand - alone businesses, the key
qualities we seek are durable competitive strengths; able and high -
grade management; good
returns on the net tangible assets required to operate the business; opportunities for internal growth at attractive
returns; and, finally, a sensible purchase price.
The manager aims to produce high income
returns by investing predominantly in investment
grade or high -
quality issuers, including the subordinated corporate bond issues of investment
grade business.
While the portfolio of high -
quality bonds may offer additional
return potential, long - term investment
grade bonds are subject to substantial interest rate risk.
This flight to
quality movement also impacted credit spreads, which widened for both investment
grade and high yield corporate bonds, negatively impacting the
returns of bonds in those sectors.
The sukuk market demonstrated resilience despite the decline in oil price and global uncertainty; the Dow Jones Sukuk Index, which tracks USD - denominated, investment -
grade sukuk, rose 1.24 % in 2015, while the Dow Jones Sukuk High
Quality Investment
Grade Total
Return Index gained 1.00 % in the same period.
Because of their typically attractive yields and investment -
grade credit ratings, fixed - rate capital securities can help investors achieve enhanced
returns without sacrificing credit
quality.
Seeks to maximize long - term total
return by investing, under normal circumstances, at least 80 % of its net assets in investment
grade fixed income securities or unrated securities that are determined by the fund's investment adviser to be of similar
quality.
ACCOMPLISHMENTS • Contributed to maintaining high standards by ridding the salon of low -
grade products and introducing good
quality ones • Provided customers with high -
quality services that ensured that they
return