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BARING GLOBAL BOND - Fund overview

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Overview of BARING GLOBAL BOND

A total return fixed income fund managed to achieve a combination of income and capital growth by investing primarily in AAA rated OECD sovereign debt. The performance benchmark is a composite of 50% FTSE UK Gilt All Stock Composite and 50% Citigroup World Government Bond Index (ex UK) hedged into sterling.

Standard Initial Charge

5.00% 0.00%

Invest via Bestinvest

to save 5.00%

Fund summary

Sector  Global Bonds
Product type  UNIT TRUST
Launched  February, 1991
Size  £203m
Yield 1.4%
Charging basis  Income
Dividends paid  6/3, 20/9.
Bid price 117.40p 0.30p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread -0.05%
Annual management charge 1.25%
Total expense ratio 1.32%
Reduction in yield (10yr) 1.31%

Bestinvest says


OECD government bond and currency markets are amongst the most liquid markets. Historically these funds have tended to perform strongly during periods of falling inflation, risk aversion and currency volatility. Whilst the manager can take steps to reduce the potential negative impact of an increase in inflationary expectations on the fund, generally the fund will tend to struggle more under these conditions.

Portfolio

baring global bond asset allocation illustration
Allocation Proportion
Equity 0%
High yield bonds 0%
Quality bonds 98%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 2%
baring global bond equity geographic illustration
Allocation Proportion
UK 53%
Europe 17%
Nth America 9%
Japan 0%
Pacific 10%
Other Equity 11%
baring global bond equity capitalisation illustration
Allocation Proportion
Large Caps 0%
Mid Caps 0%
Small Caps 0%

Investment process


The trust invests primarily in top quality foreign government stock and UK corporate debt with a credit rating above AA, with a particular aim to generate sterling returns superior to those from UK gilts. Foreign currency risk is part of the diversification process with strategic hedging into sterling. Value addition emphasises the use of portfolio duration, yield curve positioning and exploiting credit spreads as well as astute asset allocation and currency overlays.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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