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CAZENOVE STRATEGIC BOND B - Fund overview

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Find rated £ strategic bond funds


Overview of CAZENOVE STRATEGIC BOND B

A total return bond fund which seeks to outperform 3 month UK Treasury bills and its peer group the IMA UK Other Bond Sector. The fund invests primarily through a flexible allocation to investment grade bonds, non-investment grade bonds and derivative instruments. The fund may use derivative instruments to leverage exposure across credit markets, this could include going short as well as long across credit positions. All currency exposure is hedged back to sterling.

Standard Initial Charge

5.00% 0.00%

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Fund summary

Sector  £ Strategic Bond
Product type  OEIC
Launched  April, 2006
Size  £710m
Yield 5.9%
Charging basis  Capital
Dividends paid  Feb, Aug
Bid price(inc) 94.86p
Bid price(acc) 128.67p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Total expense ratio 1.10%
Reduction in yield (10yr) 1.10%

Bestinvest says


No information available.

Portfolio

cazenove strategic bond b asset allocation illustration
Allocation Proportion
Equity
High yield bonds
Quality bonds 100%
Property
Commodities
Hedge
Fund cash

No data available.

No data available.

Investment process


The management seek to discover securities that are mis-priced based on the belief that credit investors process company information inefficiently in the short term. Individual positions are determined with close reference to accountancy data. A companies future projected cash-flow is particularly important and the quality of the management is explicitly rated. A rating is then applied to each potential stock. The overall sector allocation of fund follows the model portfolio which is based on the managers' macro projections.
The funds mandate allows it to invest in rated and un-rated securities including bonds, notes of fixed and variable interest, preference shares, equities, convertible and other securities issued by government, quasi-government, supranational, bank and corporate entities.

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.

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