Smith & Williamson Sht-Dated Corp Bd B (FUND:B43RH37) - Overview

Fund Report

Smith & Williamson Sht-Dated Corp Bd B

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date14/08/2009
NAV 07/12/2016GBP 0.95
Day Change0.13%
12 Month Yield3.31%
ISINIE00B43RH379
SEDOLB43RH37
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2016527.90 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time16:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.65%
AMC0.65%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

High

High


Sustainability Rating as of 30/09/2016

Benchmarks

Fund Benchmark

ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund4.59-0.413.700.352.37
Category14.481.6810.680.387.78
Benchmark15.541.6412.510.709.67
  • Fund: Smith & Williamson Sht-Dated Corp Bd B
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD2.497.8810.19
3 Years Annualised2.036.157.62
5 Years Annualised2.207.208.29
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Fund is to achieve income returns greater than the UK Base Rate. The Fund will invest the majority of its Net Asset Value in a variety of Sterling, US Dollar and Euro short-dated investment grade corporate bonds of no more than 6 years maturity. The Fund may invest up to a maximum of 30% of its Net Assets in government, agency or Supranational bonds and short-dated Gilts.

Portfolio Profile30/09/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds94.740.0094.74
Cash8.583.325.26
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.55
Cash & Equivalents9.48
Government1.05
Future/Forward-1.08
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Kreditanst Fur Wie 5.55% 2021-06-07Germany5.82
Uktbgbp 0% 16-28/12/2016 2016-12-28United Kingdom2.84
United Kingdom (Government Of) 2017-02-27United Kingdom2.46
Roche Hldgs 2.875% 2021-09-29United States1.55
Edf S A 6.5% 2019-01-26France1.53
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 Trafford House, Chester Road, Manchester M32 0RS. 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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