Threadneedle UK Social Bond Z Ret A
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 118.31||Day Change||GBX +0.28 (0.24%)|
|Price Date||5 Dec 2016||Crown Rating|
|Shares Class||Inc.||Yield||2.90 %|
|Total Expense Ratio||0.00||Fund Size||102,915,566.33|
|Launch Date||04/12/2013||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.30||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BF233790||Min TopUp (£)||0.00|
The aim of the Fund is to provide both income and the potential to grow the amount you invested. The Fund’s investments aim to support socially beneficial activities and developments. At least two-thirds of the assets of the Fund will be in bonds that are issued in the UK. The Fund invests in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies, governments, voluntary organisations and/or charities that engage in socially beneficial activities and development. Investments are assessed by the fund manager by reference to a social assessment methodology developed by Big Issue Invest and the Management Company. This assessment is reviewed at least quarterly by an advisory committee with two-thirds of its members being nominated by Big Issue Invest. The Fund may also invest in asset classes and instruments different from those stated above.
Simon Bond joined the company in 2003 as an Investment Grade Credit portfolio manager. He manages the Threadneedle UK Social Bond Fund and a wide range of retail, institutional and wholesale credit bond funds. He has taken a keen interest in the social investment space, having analysed and invested in this space for many years. Simon is particularly passionate about the role of infrastructure in both economic growth and regeneration. Prior to joining the company, he managed £6 billion in his role as the Senior UK Credit fund manager for AXA. Simon has also worked for GE Insurance as a portfolio manager, Provident Mutual as a Fixed Income analyst specialising in corporate bonds and Hambros Bank as an Investment Accountant and Pension Fund Investment Administrator. He is a Fellow of the Chartered Institute for Securities and Investment.