Threadneedle UK Social Bond Z Ret A

Quick Stats

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
Currency GBX ISA Eligible No
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

Fund Objective

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.

Fund Managers

Simon Bond
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.