Oaktree will initially be launching two mutual funds: the Oaktree High Yield Bond Fund and the Oaktree Emerging Markets Equity Fund. The minimum investment for both of these funds will be $25,000.
Inside the Funds
These types of bonds can carry a significant amount of risk, but have done well in the current healthy market environment. Mutual fund investors should be cautious with these types of funds since they can become risky if the market plummets.
Oaktree Emerging Markets Equity Fund – According to the SEC filing, this fund will invest at least 80% of its assets in equity securities of emerging market issuers. These securities will include common stock, preferred stock, depositary receipts, options, warrants and rights.
Mutual fund investors should understand that although there is upside potential in these types of funds, emerging market exposure can carry risk.
The Bottom Line
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