Threadneedle (Lux) European Corp Bd 8G (FUND:BF50X33) - Fund price

Fund Report

Threadneedle (Lux) - European Corporate Bond 8G GBP

Key Stats
Morningstar® CategoryEUR Corporate Bond
Manager Name-
Inception Date21/09/2018
NAV 25/06/2019GBP 1.57
Day Change0.00%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 31/05/2019128.89 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time13:00:00
Regular Investment
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.62%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

Below Average

Below Average

Sustainability Rating as of 30/04/2019


Fund Benchmark

iBoxx EUR Corporates

Morningstar® Benchmark

Bloomberg Barclays Euro Aggregate Corporates TR EUR

Growth Of 10,000 (GBP) 31/05/2019

How has this security performed
  • Fund: Threadneedle (Lux) - European Corporate Bond 8G GBP
  • Category: EUR Corporate Bond
  • Benchmark: Bloomberg Barclays Euro Aggregate Corporates TR EUR
Trailing Returns % (GBP) 25/06/2019
3 Years Annualised6.105.275.78
5 Years Annualised5.284.505.05
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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  • 6
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

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 Profile31/05/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.53
Cash & Equivalents2.46
Government Related2.11
Covered Bond1.52
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioBlackRock ICS Euro Liq Prem (Acc T0) EUR Ireland5.58
Deutsche Telekom International Finance B.V. 0.04% 2020-04-03Netherlands2.72
Akelius Residential Property Ab 1.75% 2025-02-07Sweden1.63
Total Capital International S.A. 0% 2020-03-19France1.63
Cadent Finance PLC 0.62% 2024-09-22United Kingdom1.55
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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