Threadneedle Eurp Corp Bd Ins Grs GBP (FUND:B3N3T32) - Fund price - Overview

Fund Report

Threadneedle European Corporate Bond Fund Institutional Gross Accumulation GBP

Key Stats
Morningstar® CategoryEUR Corporate Bond
Manager NameAlasdair Ross
Inception Date03/02/2010
NAV 24/11/2017GBX 150.72
Day Change0.07%
12 Month Yield0.93%
ISINGB00B3N3T326
SEDOLB3N3T32
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2017191.22 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.24%
AMC0.50%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

Below Average

Below Average


Sustainability Rating as of 30/09/2017

Benchmarks

Fund Benchmark

Markit iBoxx EUR Corp TR

Morningstar® Benchmark

Bloomberg Barclays Euro Aggregate Corporates TR EUR

Growth Of 10,000 (GBP) 31/10/2017

How has this security performed
20132014201520162017
Fund4.681.06-6.2623.205.39
Category5.36-0.27-5.5420.585.52
Benchmark5.011.11-5.5621.295.73
  • Fund: Threadneedle European Corporate Bond Fund Institutional Gross Accumulation GBP
  • Category: EUR Corporate Bond
  • Benchmark: Bloomberg Barclays Euro Aggregate Corporates TR EUR
Trailing Returns % (GBP) 24/11/2017
FundCatBmark
YTD6.537.457.55
3 Years Annualised6.706.346.72
5 Years Annualised5.845.595.83
10 Years Annualised---

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. The ACD’s investment policy is to invest the assets of the Fund in a managed portfolio of fixed interest securities which are primarily Euro denominated. The portfolio will consist primarily of a broad range of investment grade corporate fixed interest investments in companies domiciled in Europe or which have significant European operations. From time to time, it may also invest in securities issued by investment grade sovereign and supranational borrowers. However, it is intended that the portfolio will not be more than 25% invested in securities rated AAA (Standard & Poor’s) or equivalent rating by another leading rating agency. A maximum of 10% of the portfolio can be invested in below investment grade securities. Where securities are non-Euro denominated it is intended that they will typically be hedged into Euro.

Portfolio Profile31/10/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds94.560.5694.00
Cash22.4821.660.82
Other5.180.005.18
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond73.35
Government Related11.75
Government9.29
Covered Bond2.11
Convertible1.25
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseKreditanst Fur Wie 0.375% 2019-07-22Germany3.73
New since last portfolioGermany (Federal Republic Of) 1.5% 2023-05-15Germany2.71
At&T 3.4% 2024-08-14United States1.93
IncreaseGermany (Federal Republic Of) 4.75% 2034-07-04Germany1.85
IncreaseGermany (Federal Republic Of) 2021-10-08Germany1.79
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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