HL Multi-Manager Strategic Bond A Inc (FUND:B3D4ST4) - Fund price - Overview

Fund Report

HL Multi-Manager Strategic Bond Trust A Inc

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager Name-
Inception Date02/02/2009
NAV 23/05/2017GBX 147.70
Day Change0.07%
12 Month Yield2.45%
ISINGB00B3D4ST46
SEDOLB3D4ST4
Dividend FrequencyMonthly
Net Assets (mil) 30/04/2017839.71 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment2,500.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time10:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge-
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP Corp TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 30/04/2017

How has this security performed
20132014201520162017
Fund3.565.41-0.246.632.37
Category3.725.990.508.472.24
Benchmark-2.6813.870.4710.801.95
  • Fund: HL Multi-Manager Strategic Bond Trust A Inc
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 23/05/2017
FundCatBmark
YTD2.942.702.37
3 Years Annualised3.794.787.76
5 Years Annualised5.356.145.55
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective of the Fund is to maximise total returns principally in the form of income. The Fund will invest principally in collective investment schemes, the underlying investments of which consist of equities and/or floating and fixed interest securities. The Fund will invest in accordance with the FCA Rules for Non-UCITS Retail Schemes. Subject to these Rules, the underlying funds in which the Fund will invest will generally be established in Europe. The fund has the flexibility to hold a broad spectrum of floating and fixed interest funds, including funds invested into UK corporate bonds, UK high yield bonds, non-UK sovereign bonds, non-UK corporate bonds, convertible bonds, preference shares, gilts and index-linked gilts along with individual gilts, individual index-linked gilts and cash. The fund will use this flexibility to seek to achieve the investment objective stated above. There are no overall constraints on the fund in terms of duration and credit ratings.

Portfolio Profile30/04/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.340.211.14
Bonds109.8627.6982.17
Cash67.7256.3011.42
Other7.001.735.27
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond65.35
Government24.17
Cash & Equivalents11.32
Commercial Mortgage Backed3.36
Non-Agency Residential Mortgage Backed3.10
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseIP Tactical Bond Gross No Trail Inc United Kingdom12.90
IncreaseRoyal London Sterl Extra Yld Bd Y Ireland12.70
Fidelity MoneyBuilder Income Gross Y United Kingdom10.99
IncreaseKames Investment Grade Bond B Inc United Kingdom9.95
IncreaseJupiter Strategic Bond Z Inc United Kingdom9.37
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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