Aegon AM Ethical Corporate Bond Class B Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/11/19
to
30/11/20
30/11/20
to
30/11/21
30/11/21
to
30/11/22
30/11/22
to
30/11/23
30/11/23
to
30/11/24
Fund 6.0% 0.9% -16.8% 2.4% 8.1%
Sector 6.3% 0.2% -15.5% 3.3% 7.6%
Rank 50/87 17/89 58/91 67/93 27/94
Quartile 3 1 3 3 2

Annualised performance

Annualised
3 Years to
30/11/24
5 Years to
30/11/24
10 Years to
30/11/24
Fund -2.7% -0.3% 2.0%
Sector -2.1% 0.0% 2.1%
Rank 54/91 51/87 36/67
Quartile 3 3 3

Top 10 Holdings

Stock % Weight
1½% Green Gilt 2053 2.45
ING GROEP NV VAR 07/12/2028 EMTN 1.46
CAIXABANK SA VAR 03/12/2026 EMTN 1.45
INTESA SANPAOLO SPA 6.625% 31/05/2033 EMTN 1.38
TRANSPORT FOR LONDON SINK 5% 31/03/2035 EMTN 1.33
COOPERATIEVE RABOBANK UA VAR 12/07/2028 1.28
WHITBREAD GROUP PLC 3% 31/05/2031 1.26
BPCE SA 6.125% 24/05/2029 EMTN 1.16
LLOYDS BANKING GROUP PLC VAR 03/12/2035 1.15
KBC GROUP NV VAR 19/03/2034 EMTN 1.15
Total 14.07

Fund Aims

The investment objective is to provide a combination of income and capital growth over any 7 year period.

Fund Manager

Iain Buckle manager for 15 years and 2 months

Photo of Iain Buckle Iain Buckle is an investment manager in the Fixed Income team with responsibility for credit analysis, particularly securitised and structured finance assets. Iain is the co-manager of several funds with a primary focus on sterling credit mandates. His funds include the Kames Sterling Corporate Bond Fund, core pooled and segregated mandates and funds included in our ethical bond franchise. As an experienced fund manager Iain is responsible for overseeing the institutional pooled and buy-and-hold portfolios managed across the team. Iain joined us in 2000 from Baillie Gifford where he was a fixed income analyst. He studied Economics at Heriot Watt University.

Euan McNeil manager for 13 years and 11 months

Photo of Euan McNeil Euan McNeil is an investment manager in the Fixed Income team. He specialises in investment grade credit and co-manages two investment grade bond funds as well as several institutional portfolios. Euan joined us in 2003 from Britannic Asset Management, where he worked in the corporate bond team. Prior to that, he was an international equities manager at Blairlogie Capital Management. Euan studied International Business and French at the University of Strathclyde and has an MSc in Investment Analysis from the University of Stirling.

Fund Overview

Mid (20/12/2024) 90.10p
Distribution yield 2.85%
Underlying yield -
Fund size (31/10/2024) £399.44m
Number of holdings 149
Entry Charge 0.00%
Ongoing Charges 0.47%
Launch date 28/06/2005

Asset Allocation

pie chart
  UK Corporate Bonds 56.27%
  International Bonds 32.67%
  UK Gilts 2.45%
  Cash and Equivalents 0.37%
  Alternative Trading Strategies 0.00%
  Other Assets 8.24%
Portfolio data accurate as at: 31/10/24

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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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

pie chart
  UK Corporate Bonds 56.27%
  International Bonds 32.67%
  UK Gilts 2.45%
  Cash and Equivalents 0.37%
  Alternative Trading Strategies 0.00%
  Other Assets 8.24%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 91.38% - - -
 
Non-Classified 8.24% - - -
 
Cash and Equivalents 0.37% - - -
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  UK 58.72%
  Developed Europe - Excl UK 21.01%
  Non-Classified 16.56%
  North America 2.31%
  Australia & New Zealand 1.03%
  Cash and Equivalents 0.37%

Fixed Interest Currencies

pie chart
  Pound Sterling 83.73%
  Non-Fixed Interest Assets 8.24%
  Euro 7.66%
  Cash 0.37%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 58.72% -
 
United Kingdom - 58.72%
 
Developed Europe - Excl UK 21.01% -
 
Netherlands - 6.64%
 
France - 3.52%
 
Luxembourg - 2.43%
 
Belgium - 1.59%
 
Denmark - 1.52%
 
Spain - 1.45%
 
Italy - 1.38%
 
Finland - 1.02%
 
Ireland - 0.64%
 
Austria - 0.56%
 
Germany - 0.26%
 
Non-Classified 16.56% -
 
North America 2.31% -
 
United States - 2.31%
 
Australia & New Zealand 1.03% -
 
Australia - 1.03%
 
Cash and Equivalents 0.37% -

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
22.83%
5Yr - 10Yr Maturity
 
 
36.43%
10Yr - 15Yr Maturity
 
 
12.39%
> 15Yr Maturity
 
 
19.75%
Cash And Equivalents
 
 
0.37%
Unknown Maturity
 
 
8.24%

Fixed Interest Quality Profile

AAA
 
 
0.16%
AA
 
 
5.81%
A
 
 
23.90%
BBB
 
 
44.61%
Sub-Investment Grade
 
 
2.13%
Unknown Quality
 
 
14.77%
Cash and Equivalents
 
 
0.37%
Other Asset Types
 
 
8.24%

Top 10 Holdings

Stock % Weight Sector Country
1 1½% Green Gilt 2053 2.45% Bonds United Kingdom
2 ING GROEP NV VAR 07/12/2028 EMTN 1.46% Bonds Netherlands
3 CAIXABANK SA VAR 03/12/2026 EMTN 1.45% Bonds Spain
4 INTESA SANPAOLO SPA 6.625% 31/05/2033 EMTN 1.38% Bonds Italy
5 TRANSPORT FOR LONDON SINK 5% 31/03/2035 EMTN 1.33% Bonds United Kingdom
6 COOPERATIEVE RABOBANK UA VAR 12/07/2028 1.28% Bonds Netherlands
7 WHITBREAD GROUP PLC 3% 31/05/2031 1.26% Bonds United Kingdom
8 BPCE SA 6.125% 24/05/2029 EMTN 1.16% Bonds France
9 LLOYDS BANKING GROUP PLC VAR 03/12/2035 1.15% Bonds United Kingdom
10 KBC GROUP NV VAR 19/03/2034 EMTN 1.15% Bonds Belgium

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.

Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 B0C4RP3
Mex Code SEBII
Isin Code GB00B0C4RP31
Citi Code US88

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.47%

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 Sterling Corporate Bond sector
Benchmark Category Comparator
IA Sector £ Corporate 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 Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
4.26% -

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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.