Northstar Global Income Fund: Q2 2024 Commentary

The Northstar Global Income Fund is suitable for low risk investor seeking to outperform inflation. The Fund had an excellent first year of performance vs inflation and global bonds. The Fund benefited from high US interest rates and thus have benefited from exposure to short-term US treasuries, US T-Bills and high dividend yielding equities. As always there are risks to consider and thus the Fund has recently gained exposure to global bonds as a way to diversify somewhat away from the US dollar. The Fund remains very well positioned on a yield of 4.8% with diverse exposure across different high yielding asset classes.