|Mid Price||GBX 186.45||Day Change||GBX +0.39 (0.21%)|
|Price Date||22 Feb 2019||Crown Rating|
|Shares Class||Acc.||Yield||2.96 %|
|Last Ex-Dividend Date||01 November 2018||Dividend Frequency||Quarterly|
|Sector||Sterling Corporate Bond||Fund Size||407,000,000.00|
|Launch Date||02/10/1995||Standard Initial Charge||0.00%|
|Ongoing cost||0.54%||Annual Management Charge||0.50%|
The investment objective is to maximise total return (income plus capital) by investing mainly in sterling denominated bonds, encompassing investment grade corporate bonds, government bonds and cash. Up to 10% of the fund may be invested in high yield bonds. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.
Iain Buckle is Head of Credit in the Fixed Income team. He has 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 pooled and segregated mandates and included in our ethical bond franchise. As an experienced investment 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 and has 21 years’ industry experience. He studied Economics at Heriot Watt University*.
Rory Sandilands is an investment manager within the Fixed Income team, who co-manages the Kames Sterling Corporate Bond Fund and assists in the managing the Absolute Return funds. Previously, Rory was a vice president in credit sales at Goldman Sachs. In addition, he has also worked in credit sales for Morgan Stanley and in fixed income sales for Merrill Lynch. Rory holds an honours degree in Law with Accountancy from the University of Edinburgh