Quick Stats

Mid Price GBX 76.01 Day Change GBX +0.14 (0.18%)
Price Date 14 Jan 2019 Crown Rating 3
Shares Class Acc. Yield 2.49 %
Last Ex-Dividend Date 01 November 2018 Last Dividend amount 0.48
Dividend Frequency Quarterly Fund Size 448,000,000.00
Launch Date 02/10/1995 Standard Initial Charge (%) 0.00
Total Expense Ratio (%) 1.08 ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector Sterling Corporate Bond
ISIN GB0007450447 Sedol 0745044

Fund Objective

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.

Fund Managers

Iain Buckle
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
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