Threadneedle Sterling Corporate Bond RNI GBP
Latest (Mid) Price:
GBX 67.24
Day Change:
-0.39%
| Shares Class | Inc. |
|---|---|
| Yield | 1.42 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 1,099,212,559.00 | Launch Date | 31/07/1995 | Standard Initial Charge (%) | 3.75 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 2,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB0031109738 | Min Topup (£) | 1,000.00 | Ongoing Charge (%) | 0.8800 (on 18/02/2020) |
Fund Objective
The Fund aims to provide income, with the prospect of some capital growth over the long term (5 years or more). The Fund is actively managed, and invests at least two-thirds of its assets in investment grade corporate bonds that are denominated in sterling (or hedged back to sterling, if a different currency), issued by UK companies and companies worldwide. In addition, the Fund may invest in other bonds (including below investment grade corporate bonds, and government bonds) when considered appropriate to achieve its investment objective. The Fund may also invest in other securities, as well as collective investment schemes (including funds managed by Columbia Threadneedle companies), and hold money market instruments, deposits, cash and near cash. The Fund is not permitted to invest in derivatives for investment purposes, but derivatives may be used with the aim of reducing risk or managing the Fund more efficiently.
Fund Managers
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.
Asset Breakdown
| Name | Weight |
|---|---|
| Alternative Investment Strateg | 0.00% |
| Cash & Cash Equivalents | 2.00% |
| Cash Derivatives | 20.00% |
| Global Corporate Fixed Interes | 97.00% |
| Money Market | 1.00% |
Region Breakdown
| Name | Weight |
|---|---|
| International | 97.00% |
| Money Market | 1.00% |
| Not Specified | 0.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 4.80% |
| Banks | 13.40% |
| Capital Goods | 4.00% |
| Cash & Cash Equivalents | 4.30% |
| Consumer Goods | 7.80% |
| Health Care | 3.80% |
| Insurance | 5.70% |
| Money Market | 13.30% |
| Real Estate | 7.10% |
| Technology | 5.60% |
| Telecommunications | 5.60% |
| Utilities | 19.20% |
Top 10 Holdings
| Name | Weight |
|---|---|
| HM TREASURY UNITED KINGDOM DMO | 5.00% |
| E.ON INTERNATIONAL FINANCE BV | 2.00% |
| AT&T INC 4.25% BDS 01/06/43 GB | 1.00% |
| BACARDI LTD 4.7% BDS 15/05/28 | 1.00% |
| BECTON DICKINSON & CO 3.02% BD | 1.00% |
| EDF 5.5% BDS 17/10/41 GBP10000 | 1.00% |
| FIDELITY NATIONAL INFORMATION | 1.00% |
| GE CAPITAL UK FUNDING UNLTD CO | 1.00% |
| INTERNATIONAL BANK FOR RECONST | 1.00% |
| KRAFT HEINZ FOODS CO 4.13% 01/ | 1.00% |
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.
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