Credit and fixed income funds
Our credit and fixed income strategies provide access to actively managed portfolios across global credit markets, including investment-grade, high-yield, and emerging market debt. Guided by a disciplined, valuation-led approach, we aim to deliver stable income and preserve capital through selective credit exposure and active risk management.
Why invest in fixed income funds?
Capital preservation
Fixed income funds are designed to protect capital during periods of market volatility or economic uncertainty.
Regular income
Interest-paying securities provide a reliable income stream, ideal for income-focused investors.
Diversification
Exposure across issuers, sectors, and geographies helps reduce concentration risk.
Compare our credit and fixed income funds
| Fund | Portfolio | Risk rating | Suggested minimum investment period | Minimum initial investment |
|---|---|---|---|---|
| Emerging Market Debt Fund | 20-100% Asian, Middle Eastern and Commonwealth Independent States (CIS) fixed interest securities 0-35% Other Emerging Markets fixed interest securities, not including Asia, Middle East and CIS 0-80% Cash | Medium | 3 to 5 years | A$25,000 |
| Global Credit Opportunities Fund | 0-100% High yield bonds 0-100% Leveraged loans 0-100% Investment grade bonds 0-100% Government bonds 0-100% Asset backed securities – rating of AAA to BBB 0-40% Asset backed securities – rating below BBB 0-40% Preferred and capital securities 0-40% Convertible bonds 0-10% Global equities 2.5%-100% Cash | Medium | 3-5 years | A$200,000 |
Explore our credit and fixed income funds
Antipodes Emerging Market Debt Fund
Provides exposure to high-quality sovereign and corporate bonds in emerging markets. Designed for investors seeking enhanced income with geographic diversification.
Net performance
Net performance
| DATE | PERIOD | Fund | Benchmark² | Difference |
|---|---|---|---|---|
| 31 Oct 2025 | 1 month | 1.1 | ||
| 31 Oct 2025 | 3 month | 4.0 | ||
| 31 Oct 2025 | Calendar year to date | 9.6 | ||
| 31 Oct 2025 | 1 year | 8.8 | ||
| 31 Oct 2025 | 3 year p.a. | 13.0 | ||
| 31 Oct 2025 | 5 year p.a. | 1.2 | ||
| 31 Oct 2025 | 10 year p.a. | 4.7 | ||
| 31 Oct 2025 | Inception p.a. | 6.5 |
Antipodes Global Credit Opportunities Fund
An actively managed, flexible strategy investing in global credit opportunities across investment-grade, high-yield, and structured credit markets.
Net performance
Net performance
| DATE | PERIOD | Fund | BENCHMARK | ALPHA |
|---|---|---|---|---|
| 31 Oct 2025 | 1 month | -0.1 | ||
| 31 Oct 2025 | 3 month | -0.4 | ||
| 31 Oct 2025 | Calendar year to date | 6.2 | ||
| 31 Oct 2025 | 1 year | 7.6 | ||
| 31 Oct 2025 | 3 year p.a. | 7.7 | ||
| 31 Oct 2025 | 5 year p.a. | 7.2 | ||
| 31 Oct 2025 | Inception p.a. | 7.1 |
1 To show performance since the Strategy’s inception, the returns from 1 December 2017 – 31 May 2021 under the River Capital Global Capital Opportunities Fund (USD, unhedged) have been converted to AUD and include a simulated 100% AUD to USD hedge. From 1 May 2021 – 21 May 2023 the Fund was known as the River Capital Liquid Credit Fund (AUD, 100% hedged). From 22 May 2023 – 30 June 2024 the Fund was known as the IAM Funds Global Credit Opportunities Fund (AUD, 100% hedged).
How to invest in fixed income funds
Investing with Antipodes is straightforward. Whether you are an individual, adviser, or institutional client, our funds can be accessed through:
- Major investment platforms
- Direct application via our online portal
- Your financial adviser or broker
Frequently asked questions
What are fixed income funds?
A fixed income fund is a professionally managed investment focused on interest-paying debt securities such as government bonds and corporate credit. Designed to provide steady income, lower volatility than equities, and diversified exposure with active credit and risk management.
Are fixed income funds safe?
While no investment is risk-free, fixed income funds are generally lower risk than equities. Our funds use active risk management strategies to protect investor capital.
How often do you get fixed icome fund returns?
Most fixed income funds pay monthly or quarterly income distributions, depending on the fund structure. Both the Antipodes Emerging Market Debt Fund and the Antipodes Global Credit Opportunities Fund pay out earnings on a quarterly basis.
Equity vs fixed income returns: What's the difference?
Equity funds invest in company shares aiming for growth with higher risk. Fixed income funds
invest in bonds and similar assets, focusing on regular income and capital preservation with lower risk.