Quick Stats

Mid Price GBX 50.87 Day Change GBX -0.02 (-0.04%)
Price Date 21 Oct 2019 Crown Rating 4
Shares Class Inc. Yield 2.70 %
Last Ex-Dividend Date 09 September 2019 Dividend Frequency -
Sector Sterling Strategic Bond Fund Size 238,143,829.36
Launch Date 05/11/2001 Standard Initial Charge 0.00%
Ongoing cost 0.82% Annual Management Charge 0.75%
ISIN GB0031022261 Sedol 3102226

Fund Objective

The Fund aims to provide an income with the prospect of some investment growth over the long term (5 years or more).The Fund is actively managed, and invests at least two-thirds of its assets in bonds denominated in sterling (GBP) or euro (EUR). In addition to GBP or EUR denominated bonds, the Fund may invest in bonds priced in other currencies, however all non-sterling bonds are usually hedged back to sterling.The Fund follows a strategic investment approach, allowing for changes to allocation between investment grade and below investment grade corporate bonds, as well as investment in government bonds and bonds issued by international organisations. This approach aims to position the Fund to take advantage of those areas of the bond market that are considered to offer the best return potential. Derivatives (including forward transactions) may be used for investment purposes. This includes allowing the Fund to profit from the fall in the price of an asset (shorting), as well as extending market exposure beyond the value of its assets (leverage). In addition, derivatives may be used with the aim of reducing risk or managing the Fund more efficiently.Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund may also invest in other assets such as cash and deposits, and hold other funds (including funds managed by Columbia Threadneedle companies) when deemed appropriate.

Fund Managers

Ryan Staszewski
Ryan Staszewski is a portfolio manager at Columbia Threadneedle Investments. Mr. Staszewski is responsible for European credit portfolios within the fixed income team in London. Previously, he worked as a credit analyst undertaking fundamental analysis across a number of sectors within the investment grade universe. Prior to joining one of the Columbia Threadneedle Investments firms in 2012, Mr. Staszewski held a role as a sell-side publishing analyst at JP Morgan, where he was voted the #2 utilities analyst by industry peers in the Euromoney 2012 fixed-income survey. Prior to that, he was a buy-side credit analyst at Aviva Investors.Mr. Staszewski received a degree in economics and finance from Curtin University, Western Australia, and is also a CFA Charterholder.