Threadneedle European Corporate Bon
| Shares Class | Inc. |
|---|---|
| Yield | 0.70 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
| Shares Class | Inc. |
|---|---|
| Yield | 0.70 |
| Total Expense Ratio | 0.00 |
Cumulative Performance
Discrete Performance
| Fund Size | 161,706,008.00 | Launch Date | 22/10/2002 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | EUR | ISA Eligible | No | Annual Management Charge (%) | 0.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 750,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B3PR9107 | Min Topup (£) | 40,000.00 | Ongoing Charge (%) | 0.5800 (on 07/03/2018) |
The aim of the Fund is to provide income with the potential to grow the amount you invested.The Fund invests at least two-thirds of its assets in higher rated bonds (which are similar to a loan and pay a fixed or variable interest rate) priced in Euro and issued by companies in Europe or companies that have significant operations there.Higher rated bonds, as defined by international agencies that provide such ratings, are considered safer than lower rated bonds but typically pay a lower income.Where the Fund invests in bonds that are not priced in Euro, the Fund may take measures that aim to mitigate the risk of currency movements against the Euro.The Fund may also invest in asset classes and instruments different from those stated above.
Alasdair Ross
Alasdair Ross is Head of Investment Grade Credit, EMEA, with responsibility for our UK and European investment grade corporate credit teams based in London. Alasdair is lead portfolio manager across various global, euro and UK corporate credit portfolios including Threadneedle (Lux) Global Corporate Bond Fund, Threadneedle European Corporate Bond Fund, Threadneedle UK Corporate Bond Fund and is also deputy portfolio manager on the Threadneedle Credit Opportunities Fund.Alasdair’s investment background is as a fundamental, bottom-up, investment grade credit analyst. Between joining the company in 2003 and becoming a portfolio manager in 2007, he had responsibility for covering the TMT, utility and energy sectors, as well as the sterling whole business securitisation sector.Prior to joining the company, Alasdair worked at BP plc in a rotation of commercial roles. Alasdair has a first class honours degree in Politics, Philosophy and Economics from the University of Oxford.He also holds the Chartered Financial Analyst designation.
| Name | Weight |
|---|---|
| Cash Derivatives | 10.70% |
| European Fixed Interest | 86.90% |
| Money Market | 2.40% |
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 0.80% |
| Automotive | 0.70% |
| Banks | 12.20% |
| Basic Industries | 4.80% |
| Capital Goods | 3.40% |
| Cash Derivatives | 10.70% |
| Consumer Goods | 8.20% |
| Derivatives | 0.00% |
| Energy | 5.30% |
| Financial Services | 2.60% |
| Government Agency Bonds | 0.40% |
| Government Bonds | 2.40% |
| Government Guaranteed | 2.40% |
| Health Care | 3.20% |
| Insurance | 5.40% |
| Leisure | 0.20% |
| Media | 1.70% |
| Money Market | 2.40% |
| Mortgage & Secured Bonds | 0.60% |
| Real Estate | 9.90% |
| Retail | 0.40% |
| Services | 2.90% |
| Telecommunications | 8.80% |
| Transport | 2.30% |
| Utilities | 19.40% |
| Name | Weight |
|---|---|
| GERMANY(FEDERAL REPUBLIC OF) 2 | 2.10% |
| DEUTSCHE TELEKOM INTERNATIONAL | 2.00% |
| BACARDI LTD 2.75% 03/07/2023 | 1.90% |
| CADENT FINANCE PLC 0.63% 22/09 | 1.80% |
| KREDITANSTALT FUER WIEDERAUFBA | 1.70% |
| AKELIUS RESIDENTIAL PROPERTY A | 1.40% |
| GRAND CITY PROPERTIES SA 1.50% | 1.30% |
| NEDERLANDSE GASUNIE NV 0.05% 1 | 1.30% |
| SELP FINANCE SARL 1.25% NTS 25 | 1.20% |
| TOTAL CAPITAL INTL reg s frn 1 | 1.20% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.