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F&C EXTRA INCOME BOND 2 - Fund overview

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Overview of F&C EXTRA INCOME BOND 2

The portfolio provides exposure to a relatively static mix of quality and high yield bonds. The average weighted quality of the portfolio will be usually be about BBB. The fund provides investors with a higher level of income for a moderate increase in capital risk.

Standard Initial Charge

1.00% 0.00%

Fund summary

Sector  £ Strategic Bond
Product type  OEIC
Launched  January, 2000
Size  £102m
Yield 6.9%
Charging basis  INCOME
Dividends paid  Mar, Jun, Sep & Dec
Bid price 41.47p

Fund Charges

Standard Initial charge 1.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.40%
Total expense ratio 0.60%
Reduction in yield (10yr) 0.60%

Bestinvest says


No information available.

Portfolio

f&c extra income bond 2 asset allocation illustration
Allocation Proportion
Equity
High yield bonds 40%
Quality bonds 52%
Property
Commodities
Hedge
Fund cash 8%

No data available.

No data available.

Investment process


To provide a higher level of income through investment in a balance of
investment grade and high yield bonds. These credits will be mostly sterling or euro denominated, all currency exposure is hedged.
The process is initially guided by a top down approach to identify sector trends and maximise returns from yield curve strategies. Each member of the team is responsible for a number of sectors. Stocks within favoured sectors are then scrutinised on an ongoing basis. Relative to the Strategic bond fund, credit selection is likely to play a more significant role in driving fund returns.

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. Any yields quoted cannot be taken as a reliable indicator 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. 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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