Fact sheet: Rathbone Strategic Bond

Fund information

Fund name
Rathbone Strategic Bond Inst Acc
Fund company manager
Rathbone Unit Trust Mgmt Ltd
Fund type
UKA
Fund manager
David Coombs
since 03/10/2011
Fund objective
The objective of the fund is to focus on achieving a total return comprised of a regular above average income, coupled with medium to longer term capital growth from a diversified portfolio of predominantly Sterling denominated (or hedged back to Sterling) fixed interest and other bond instruments, including gilt edged and other sovereign stocks, corporate bonds, convertibles, preference shares,permanent interest bearing shares. Typically, approximately 50% of the value of the fund will be exposed to such securities through investment in other collective investment schemes (funds). During extreme market conditions the Manager may decide to safeguard the interests of investors by moving the entire portfolio into gilt edged stocks.
Benchmark
No Specified Index
Investment style
Total Return,Strategic Investment
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

10.17 %

1 Year rank in sector

17/83

Sector

UT Sterling Strategic Bond

Yield

2.5

Fund size

£ 87.5 m

FE Risk score

15

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    52.8%
  • International
    31.71%
  • Money Market
    7.28%
  • Global Emerging Markets
    4.58%
  • Others
    3.63%
  • BBB
    34.56%
  • BB
    19.61%
  • Non-Rated
    17.76%
  • AA
    13.04%
  • A
    6.82%
  • UK Corporate Fixed Interest
    32.58%
  • UK Gilts
    21.41%
  • Global High Yield Fixed Interest
    19.4%
  • Global Investment Grade Fixed Interest
    7.35%
  • Others
    6.88%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.49 %4.53 %9.99 %15.06 %33.07 %
Sector0.69 %4.42 %7.63 %13.93 %30.66 %
Rank within sector58 / 8443 / 8417 / 8335 / 7428 / 64
Quartile th3 rd3 rd1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund4.19 %8.48 %-0.03 %5.77 %3.46 %
Sector3.77 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector27 / 8429 / 7840 / 7442 / 7332 / 66
Quartile th2 nd2 nd3 rd3 rd2 nd

Risk statistics

Alpha1.66
Beta0.74
Sharpe0.48
Volatility2.67
Tracking error1.22
Information ratio0.49
R-Squared0.9

Price movement

52 week high140.63
52 week low127.73
Current bid price140.52
Current offer price141.29
Current mid price0

Holdings by region

  • 52.8% UK
  • 31.71% International
  • 7.28% Money Market
  • 4.58% Global Emerging Markets
  • 3.63% Others

Holdings by sector

  • 34.56% BBB
  • 19.61% BB
  • 17.76% Non-Rated
  • 13.04% AA
  • 6.82% A
  • 3.78% Money Market
  • 3.41% AAA
  • 1.02% B

Holdings by asset type

  • 32.58% UK Corporate Fixed Interest
  • 21.41% UK Gilts
  • 19.4% Global High Yield Fixed Interest
  • 7.35% Global Investment Grade Fixed Interest
  • 6.88% Others
  • 6.46% UK Index-Linked
  • 3.14% Global Government Fixed Interest
  • 2.78% Cash & Cash Equivalents

Individual holdings

  • 3.63% M&G GLOBAL MACRO BOND FUND
  • 2.91% ANGEL OAK FDS TR MULTI STRATEGY INCOME INSTL
  • 2.79% ALGEBRIS MACRO CREDIT FUND
  • 2.69% SQN ASSET FINANCE INCOME FUND
  • 2.51% CHEYNE SELECT UCITS FUND
  • 2.33% NB GLOBAL FLOATING RATE INCOME C GBP
  • 2% PIMCO GLOBAL INVESTMENT GRADE CREDIT FUND
  • 1.39% JULIUS BAER EMERGING MARKETS BOND FUND
  • 1.37% RWC FUNDS - RWC GLOBAL CONVERT
  • 1.33% TORO CO