RS Investments of San Francisco on Monday announced the launch of three fixed-income funds, because of a growing appetite for more fixed-income investment options.
The RS Strategic Income Fund, the RS High Yield Municipal Bond Fund and the RS Floating Rate Fund are subadvised by its parent company, Guardian Investor Services LLC, which manages more than $20 billion in institutional fixed-income portfolios and serves as subadviser for the five fixed-income funds already offered by RS.
Guardian Investor Services is a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Guardian Life Insurance Co. of America.
