L&G Active Sterling Corp Bd Pl R Inc
£ Corporate BondPricing frequency
Daily
Dealing cut off time
11:00
Type
Unit Trust
Yield
3.25%
NAV
56.17p
Ongoing charge
1.03%
Latest actual NAV date
24-04-2024
ISIN
GB0001572295
UCITS
Yes
Growth of 10k
Asset allocation
Top 10 holdings
Holdings 31/03/2024 | % of assets |
---|---|
United Utilities Water Finance PLC 5.75% | 1.89 |
Annington Funding PLC 3.184% | 1.74 |
SW (Finance) I PLC 6.64% | 1.39 |
Rothesay Life PLC 3.375% | 1.36 |
Goldman Sachs Group, Inc. 1.5% | 1.32 |
AT&T Inc 4.875% | 1.29 |
Land Securities Capital Markets PLC 4.875% | 1.26 |
Hammerson PLC 6% | 1.17 |
Nestle Holdings, Inc. 5.125% | 1.15 |
Marston's Issuer PLC 5.1774% | 1.12 |
Investment objective
The objective of the Fund is to provide income and growth above those of the Markit iBoxx Sterling Corporate Bond Total Return Index (the “Benchmark Index”). The Fund aims to outperform the Benchmark Index over rolling three year periods after the deduction of all fees and expenses. The Fund is actively managed and will invest at least 80% in investment grade corporate bonds denominated in Sterling or hedged back to Sterling, with minimum credit ratings of BBB- at the time of purchase. These are bonds with a credit rating from a nationally recognised statistical rating organisation (NRSRO).
Morningstar ratingTM
Morningstar sustainability ratingTM
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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