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F&C STRATEGIC BOND 2 - Fund overview

No Bestinvest rating
Find rated £ strategic bond funds


Overview of F&C STRATEGIC BOND 2

The total return remit of this fund allows the manager to invest across the full bond spectrum, with no constraints on the allocation between investment grade and high yield debt. The buy rating for this fund was suspended following the departure of the previous manager after the announcement of the ISIS & F&C merger in July 2004.

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector  £ Strategic Bond
Product type  OEIC
Launched  January, 2004
Size  £218m
Yield 5.8%
Charging basis  Income
Dividends paid  –
Bid price(inc) 101.10p
Bid price(acc) 152.00p

Fund Charges

Standard Initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.40%
Total expense ratio 0.53%
Reduction in yield (10yr) 0.53%

Bestinvest says


No information available.

Portfolio

f&c strategic bond 2 asset allocation illustration
Allocation Proportion
Equity 0%
High yield bonds 48%
Quality bonds 48%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 4%

No data available.

No data available.

Investment process


This fund has minimal structural constraints providing the manager with the flexibility to invest across the spectrum of investment grade and high yield bonds, and apply high yield/corporate bond allocations according to his perception of the economic cycle. Top down and bottom up strategies will primarily be played through £ and euro denominated credits. On occasion the fund has also taken positions in emerging market corporate bonds, the manager does not use convertible bonds, preference shares or unrated debt; gilts may be used for duration management. The manager will focus primarily on determining the asset allocation split between grade and high yield, sector exposure and yield curve strategies, whilst stock specific ideas are generated by the credit analyst team. All non sterling currency exposure is hedged.

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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