Quick Stats

Bid Price - Offer Price -
Mid Price GBX 158.40 Day Change GBX -0.30 (-0.19%)
Price Date 27 Jun 2017 Crown Rating
Shares Class Inc. Yield 2.97 %
Total Expense Ratio 0.00 Fund Size 607,766,290.29
Launch Date 03/07/2009 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 0.00
ISIN GB00B87K2244 Min TopUp (£) 1.50

Fund Objective

The Fund's objective and aim is to provide a good level of income with the potential for capital gain by investing primarily in investment grade corporate bonds.The policy is to undertake active fund management to identify and source investment quality corporate securities with good income flows and the potential for capital gain from future credit upgrades.The manager wil use both in house and external resources to collate and analyse detailed credit research at both individual company and industry sector levels to allow implementation of credit based investment strategies. Investment management will also utilise duration strategies based on macro exonomic analysis, which seek to manage future interest rate expectations and trends whilst also managing the term to maturity of the bonds.The Fund may also invest in government securities and money market instruments.

Fund Managers

David Scammell
David Scammell, Senior Sovereign Bond Fund Manager at Santander Asset Management, has more than 20 years’ experience in fund management, specifically running euro, sterling and dollar government bond portfolios and strategies. He has previously worked at a number of major independent asset management companies, such as Schroders and Foreign & Colonial, and leading European central banks, including the Bank of England and the Bank for International Settlements. In his current role, David plays a principle part in the decision making process for euro and sterling interest rate and country investments. He is also the lead manager of the Santander Asset Management Government Bond Fund and the Santander Asset Management Investment Income Portfolio.