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SKANDIA IGNIS CORPORATE BOND LF - Fund overview

No Bestinvest rating


Overview of SKANDIA IGNIS CORPORATE BOND LF

A portfolio of investment grade corporate bonds which has historically produced a strong set of figures. Unfortunately the team have been beset by a number of senior management departures. The most recent being David Roberts who in December 2003 announced his intention to resign to take up a position at Aegon Asset Management in the new year.

Standard Initial Charge

No data available.

Fund summary

Sector  –
Product type  INSURANCE BOND
Launched  February, 2002
Size  £5m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 129.40p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 4.99%
Annual management charge
Total expense ratio
Reduction in yield (10yr) 0.51%

Bestinvest says


No information available.

Portfolio

skandia ignis corporate bond lf asset allocation illustration
Allocation Proportion
Equity 0%
High yield bonds 22%
Quality bonds 78%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 0%
skandia ignis corporate bond lf equity geographic illustration
Allocation Proportion
UK 85%
Europe 15%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%

No data available.

Investment process


Aims to outperform the sector and peer group through active management of mainly sterling denominated corporate bonds. Typical of Resolution's investment process, the fund is managed by a team using both top-down economic analysis and bottom-up bond selection, with no one style dominating. Additionally, the team is reactive to supply/demand factors driving the market, incorporating these into the portfolio.
The selection of individual issues is rigorous, with the managers looking to be convinced that a company can meet its future coupon payments. This is assessed through analysis of cost of capital and management, who should have a consistent approach to business strategy.

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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