F&C EXTRA INCOME BOND 2 - Portfolio
No Bestinvest rating
Find rated £ strategic bond funds
Asset allocation
| Allocation |
Proportion |
|
|
Equity |
–
|
|
High yield bonds |
40%
|
|
Quality bonds |
52%
|
|
Property |
–
|
|
Commodities |
–
|
|
Hedge |
–
|
|
Fund cash |
8%
|
Top 10 holdings
As at: 31/03/2012
2.38% Paragon Group Of Companies 7% Call Sub Nts 20/4/17 Gbp(var)
2.3% Annington Finance No 4 8.07% Asst Bckd Nts 10/1/23 Gbp10000
1.62% Southern Gas Network Fltg Rate Bds 21/10/2015 Gbp50000
1.31% Edcon Holdings (proprietary) Ltd Fltg Rate Nts 15/06/15 Eur50000 `144a`
1.23% Rexam 6.75% Cap Sec 29/06/67 Eur50000
1.22% Provident Financial 8% Gtd Bds 23/10/19 Gbp1000
1.2% Channel Link Enterprises Finance Tranche`a3`sec Frn 30/06/50 Gbp
1.2% Bogaei 5.75% 2014
1.15% Gmac International Finance Bv 7.5% Gtd 21/04/15 Eur50000
1.14% Bupa Finance 6.125% Perp
Source: Trustnet
Equity by sector
|
BBB
|
39%
|
|
BB
|
22%
|
|
B
|
20%
|
|
A
|
9%
|
|
Non-Rated
|
6%
|
|
CCC
|
3%
|
|
AAA
|
1%
|
|
AA
|
1%
|
|
Money Market
|
-1%
|
As at: 31/03/2012
100.5%UK
-.5% Money Market
Source: Trustnet
Portfolio details
The portfolio is split through a 50/50 balance of investment grade and high yield corporate bonds. The fund holds between 120 - 130 positions
Constraints
Individual stock limits are 4% for investment grade, 2.5% for non investment grade. No more than 15% of the fund is invested in emerging markets.