According to PCMS, Paragon Income I will invest across a global credit spectrum using an “unconstrained and high conviction income approach” that allows for flexibility to adjust the portfolio allocation in response to evolving market conditions.
On August 2, wealth manager Paragon Capital Management Singapore (PCMS) announced the launch of Paragon Income I, an income-oriented fund that aims to provide a stable return for accredited investors over the longer term.
The open-ended fund has a monthly subscription and redemption cycle, and a minimum subscription of US$200,000 ($270,709).
