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(s)
Noelle Cazalis
since 01/01/2016
Bryn Jones
since 03/10/2011
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

5.67 %

1 Year rank in sector

22/82

Sector

UT Sterling Strategic Bond

Yield

2.3

Fund size

£ 99.7 m

FE Risk score

15

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    59.51%
  • International
    30.07%
  • Money Market
    6.25%
  • Others
    4.17%
  • UK Corporate Fixed Interest
    29.19%
  • UK Gilts
    24.74%
  • Global High Yield Fixed Interest
    17.29%
  • Global Investment Grade Fixed Interest
    9.28%
  • Cash & Cash Equivalents
    6.25%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.52 %2.52 %5.67 %15.52 %27.7 %
Sector0.47 %1.79 %3.79 %13.39 %24.65 %
Rank within sector42 / 8430 / 8222 / 8227 / 7426 / 64
Quartile th2 nd2 nd2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund5.44 %8.48 %-0.03 %5.77 %3.46 %
Sector4.13 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector24 / 8229 / 7740 / 7443 / 7331 / 66
Quartile th2 nd2 nd3 rd3 rd2 nd

Risk statistics

Alpha1.55
Beta0.75
Sharpe0.47
Volatility2.67
Tracking error1.18
Information ratio0.45
R-Squared0.9

Price movement

52 week high142.12
52 week low133.17
Current bid price142.21
Current offer price142.79
Current mid price0

Holdings by region

  • 59.51% UK
  • 30.07% International
  • 6.25% Money Market
  • 4.17% Others

Holdings by sector

-

Holdings by asset type

  • 29.19% UK Corporate Fixed Interest
  • 24.74% UK Gilts
  • 17.29% Global High Yield Fixed Interest
  • 9.28% Global Investment Grade Fixed Interest
  • 6.25% Cash & Cash Equivalents
  • 5.58% UK Index-Linked
  • 4.17% Others
  • 3.5% Global Government Fixed Interest

Individual holdings

  • 3.2% M&G GLOBAL MACRO BOND FUND
  • 3.09% ANGEL OAK MULTI-STRATEGY INCOME FUND
  • 2.4% ALGEBRIS MACRO CREDIT FUND
  • 2.22% CHEYNE SELECT UCITS FUND
  • 1.98% NB GLOBAL FLOATING RATE INCOME C GBP
  • 1.76% SQN ASSET FINANCE INCOME FUND
  • 1.75% PIMCO GLOBAL INVESTMENT GRADE CREDIT FUND
  • 1.34% TORO ENERGY LIMITED
  • 1.24% JULIUS BAER EMERGING MARKETS BOND FUND
  • 1.21% RWC CORE PLUS FUND