Quick Stats

Bid Price - Offer Price -
Mid Price GBX 121.20 Day Change GBX +0.50 (0.41%)
Price Date 17 Oct 2017 Crown Rating 5
Shares Class Inc. Yield 3.53 %
Total Expense Ratio 0.00 Fund Size 471,520,821.79
Launch Date 31/01/2007 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.45 Sector IMA UK Equity Income
Min Investment (£) 100,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B7MT2J68 Min TopUp (£) 1,000.00

Fund Objective

The fund seeks to achieve a combination of income and capital growth over the medium (5 years) to long (7 years) term. The Ethical Bond Fund invests predominantly in investment grade UK corporate bonds which meet predefined ethical criteria. The policy of the fund considers all of the following ethical issues: alcohol, armaments, gambling, pornography, tobacco, human rights, animal testing and the environment.

Fund Managers

Eric Holt
Eric Holt has extensive knowledge of UK investment grade and high yield corporate bonds, gained over a career spanning more than 30 years. He has overall responsibility for RLAM’s credit research process, as well as managing the Sterling Extra Yield Bond Fund and the Ethical Bond Fund. He joined RLAM in 1999 following Royal London’s acquisition of Refuge Assurance’s investment team, where he had worked for the previous 20 years. Eric is a graduate of Nottingham University with a degree in mathematics and is an associate of the Institute of Actuaries.