The investment objective is to provide a combination of income and capital growth over any 7 year period.
Fund Manager
Colin Finlaysonmanager
for
5 years
and 9 months
Colin Finlayson is an investment manager in Kames Capital’s Fixed Income team and specialises in global government bonds and relative-value analysis. He is the co-manager of the Kames Absolute Return Bond Fund and Kames Strategic Global Bond Fund as well as the Core Plus and Long Core Plus pooled pension funds. He joined us in 2000 directly from the University of Strathclyde, where he studied Economics and Finance. Colin is a CFA charterholder.
Alex Pelteshkimanager
for
7 years
is an Investment Manager in the Fixed Income team and specialises in credit analysis in the global financials sector across the entire capital structure. He is also a co-manager of the Kames Strategic Global Bond strategies and an Absolute Return Bond Fund. He joined us in 2014 from ING Financial Markets, where was a publishing/lead equity analyst on the banks sector. Prior to that, Alexander was an equity trading analyst for UBS Wealth Management. Alexander studied International Business Management at Dickinson College in the USA, and has an MBA degree from Erasmus University in Rotterdam.
Fund Overview
Mid (30/08/2024)
128.70p
Distribution yield
4.45%
Underlying yield
-
Fund size (30/06/2024)
£295.10m
Number of holdings
149
Entry Charge
0.00%
Ongoing Charges
0.58%
Launch date
07/04/2004
Asset Allocation
International Bonds
72.50%
UK Corporate Bonds
18.55%
Cash and Equivalents
4.47%
UK Gilts
2.36%
Alternative Trading Strategies
0.33%
Other Assets
1.78%
Portfolio data accurate as at: 30/06/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
International Bonds
72.50%
UK Corporate Bonds
18.55%
Cash and Equivalents
4.47%
UK Gilts
2.36%
Alternative Trading Strategies
0.33%
Other Assets
1.78%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Bonds
93.42%
-
-
-
Cash and Equivalents
4.47%
-
-
-
Non-Classified
1.78%
-
-
-
Alternative Trading Strategies
0.33%
-
-
-
Alternative Trading Strategies
-
0.33%
-
-
Alternative Trading Strategies
-
-
0.33%
-
Alternative Trading Strategies
-
-
-
0.33%
Regional Allocation
Developed Europe - Excl UK
35.40%
UK
20.92%
North America
20.32%
Non-Classified
8.30%
Emerging Europe
6.08%
Cash and Equivalents
4.47%
Australia & New Zealand
2.57%
Middle East & Africa
1.17%
Emerging Asia
0.77%
Fixed Interest Currencies
US Dollar
35.43%
Euro
32.48%
Pound Sterling
22.93%
Cash
4.47%
New Zealand Dollar
2.57%
Non-Fixed Interest Assets
2.11%
Regional Breakdown
Expand allCollapse all
Region
Country
Developed Europe - Excl UK
35.40%
-
Luxembourg
-
7.18%
Italy
-
4.98%
Netherlands
-
4.94%
Austria
-
4.32%
Germany
-
3.83%
Spain
-
3.79%
France
-
3.61%
Norway
-
1.81%
Sweden
-
0.71%
Portugal
-
0.23%
UK
20.92%
-
United Kingdom
-
20.92%
North America
20.32%
-
United States
-
20.32%
Non-Classified
8.30%
-
Emerging Europe
6.08%
-
Greece
-
4.51%
Romania
-
0.90%
Czech Republic
-
0.66%
Cash and Equivalents
4.47%
-
Australia & New Zealand
2.57%
-
New Zealand
-
2.57%
Middle East & Africa
1.17%
-
Israel
-
1.17%
Emerging Asia
0.77%
-
Uzbekistan
-
0.77%
Fixed Interest Maturity Profile
< 5Yr Maturity
21.41%
5Yr - 10Yr Maturity
41.67%
10Yr - 15Yr Maturity
5.53%
> 15Yr Maturity
24.81%
Cash And Equivalents
4.47%
Unknown Maturity
1.78%
Other Asset Types
0.33%
Fixed Interest Quality Profile
AAA
7.58%
AA
2.76%
A
1.36%
BBB
20.95%
Sub-Investment Grade
17.10%
Unknown Quality
43.67%
Cash and Equivalents
4.47%
Other Asset Types
2.11%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
INTESA SANPAOLO SPA VAR 20/06/2054 144A
2.61%
Bonds
Italy
2
NEW ZEALAND GOVERNMENT 2.75% 15/04/2037 0437
2.57%
Bonds
New Zealand
3
US TREASURY N/B 4% 31/01/2029
2.26%
Bonds
United States
4
PIRAEUS FINANCIAL HLDGS VAR 17/04/2034 EMTN
2.17%
Bonds
Greece
5
4¼% Treasury Stock 2032
1.65%
Bonds
United Kingdom
6
TIME WARNER CABLE LLC 5.5% 01/09/2041
1.62%
Bonds
United States
7
US TREASURY N/B 1.875% 15/02/2032
1.57%
Bonds
United States
8
WARNERMEDIA HOLDINGS I 5.391% 15/03/2062
1.53%
Bonds
United States
9
RAIFFEISEN BANK INTL VAR 17/06/2033
1.53%
Bonds
Austria
10
BANCO DE SABADELL SA VAR 19/11/2170
1.51%
Bonds
Spain
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B00MY36
Mex Code
SEGIC
Isin Code
GB00B00MY367
Citi Code
ZO86
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.58%
Aims and Benchmark
Aims
The investment objective is to provide a combination of income and capital growth over any 7 year period.
Benchmark
Investment Association Strategic Bond sector
Benchmark Category
Comparator
IA Sector
£ Strategic Bond
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Quarterly
Distribution Type
Interest
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 February
31 March
01 May
30 June
01 August
30 September
01 November
31 December
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
Citibank
Fund Administrator
Citibank
Fund Registrar
Northern Trust Global Services Limited
Fund Custodian
Citibank
Group Details
Group name
Aegon Asset Management
Group address
3 Lochside Avenue
Edinburgh Park
EDINBURGH
EH12 9SA
Group telephone
0800 45 44 22
Dealing telephone
0800 169 5186
Email
info@kamescapital.com
Homepage
www.aegonam.com
Fax number
-
Dealing
Minimum Investment
£2000000
Minimum Top Up
£1000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
4
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.