Standard Life Investments Short Dur
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 93.47||Day Change||GBX +0.06 (0.06%)|
|Price Date||23 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.32 %|
|Total Expense Ratio||0.00||Fund Size||254,700,000.00|
|Launch Date||01/05/2003||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B87CVC31||Min TopUp (£)||0.00|
The fund aims to provide a return from a combination of income and capital growth by investing predominantly in investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including sub investment grade bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs)) and/or money market instruments in order to take advantage of opportunities they have identified. The fund may use derivatives to reduce the fund's exposure to interest rate risk with the aim of reducing duration exposure to around two years.
Daniel McKernan joined Standard Life Investments in 2013, as Head of Sterling Investment Grade Credit. He has responsibility for a number of large credit and aggregate bond mandates. Daniel has over 20 years' investment management experience as a fixed income fund manager and prior to joining us worked at Scottish Widows Investment Partnership as Head of European and Sterling Credit. He has also worked at BlackRock, Aegon Asset Management and Norwich Union.