Threadneedle Strat Bd Inst Net GBP (FUND:3102226) - Fund price - Overview

Fund Report

Threadneedle Strategic Bond Fund Institutional Income GBP

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameBarrie Whitman
Inception Date23/11/2001
NAV 26/04/2018GBP 0.50
Day Change0.06%
12 Month Yield3.51%
ISINGB0031022261
SEDOL
Dividend FrequencyMonthly
Net Assets (mil) 31/03/2018244.21 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.42%
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

40% Bofaml Euro hy 3% Cons ExSub Fin Hdg GBP, 60% ICE BofAML 1-10Y Sterling NonGilt TR GBP

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 31/03/2018

How has this security performed
201320142015201620172018
Fund3.603.72-0.107.384.38-0.89
Category4.274.430.345.774.55-0.74
Benchmark0.047.921.393.661.93-0.46
  • Fund: Threadneedle Strategic Bond Fund Institutional Income GBP
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 26/04/2018
FundCatBmark
YTD-0.76-0.91-1.33
3 Years Annualised2.912.441.14
5 Years Annualised3.053.152.38
10 Years Annualised5.356.124.13

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to achieve total return principally by way of income; income will be paid monthly. The ACD’s investment policy is to primarily invest the assets of the Fund directly or indirectly in UK and European debt securities. The ACD’s strategic investment approach allocates the Fund’s investments between corporate investment grade and non-investment grade, sovereign and supranational debt. The ACD may invest up to one third of the assets of the Fund in money market instruments, cash or near cash and other securities (other than equities) including non-UK and non- European debt. The ACD may invest in derivatives and forward transactions. The ACD may take long and short positions through derivatives. Where securities are non-Sterling denominated it is intended that they will typically be hedged back into Sterling.

Portfolio Profile31/03/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds93.061.6091.46
Cash43.9441.232.71
Other5.830.005.83
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond81.17
Government5.51
Agency Mortgage Backed4.06
Asset Backed3.65
Cash & Equivalents2.81
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
NGG Finance plc FXD-FRN JNR SUB PIDI 18/06/2073 GBP (REGS) 2073-06-18United Kingdom1.23
Innogy Finance BV 6.25% SNR PIDI NTS 03/06/2030 GBP (REGS) (11024) 2030-06-03Netherlands1.23
Western Power Distribution (East Midlands) Plc 3.625% UNSUB PIDI NTS 06/11/ 2023-11-06United Kingdom1.17
New since last portfolioSELP FINANCE SARL 1.25% SNR PIDI BDS 25/10/2023 EUR (REGS) 2023-10-25Germany1.08
Severn Trent Utilities Finance Plc 3.625% SNR EMTN 16/01/2026 GBP (REGS) (9 2026-01-16United Kingdom1.02
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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