LF Canlife Corporate Bond B

  • 216.84p Price (Inc)
  • 278.70p Price (Acc)
  • 0.00% Initial charge
  • 0.75% Annual management charge
  • 0.80% Ongoing charges
  • 3.30% Yield

Prices as at 06 December 2019

Fund summary

Sector £ Corporate Bond
Structure OEIC
Launched June, 1981
Size £316m
Yield 3.30%
Charging basis Income
Dividends paid 16 Feb, 16 Aug

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.80%

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Investment process

Manager research

Average monthly relative returns

  • 14/15 -0.06%
  • 15/16 -0.25%
  • 16/17 0.06%
  • 17/18 0.01%
  • 18/19 -0.10%

Bestinvest MRI

  • 3 years -0.01%
  • 5 years -0.07%
  • Career -0.09%
  • 3 years 81.10%
  • 5 years 37.50%
  • Career 36.70%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Eleni Poullides

Eleni has a BSc in Economics & Accounting from City University, and MSc in Economics at London School of Economics and is a Member of the Society of Investment Professionals (ASIP). She joined Canada Life in 1986 and successfully managed fixed interest funds for the Canada Life Irish Division for several years. She has also managed various UK unit linked fixed interest funds for over 10 years.

Track record

Eleni Poullides has 24.3 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.09%. During the worst period of relative performance (from March 2009 - July 2016) there was a decline of 26% relative to the index. The worst absolute loss has been 7%.

Periods of worst performance

Absolute -7.00% (January 1999 - September 1999)
Relative -26.00% (March 2009 - July 2016)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 31 August 2019

1.9% Prudentia 5.56% 2055
1.7% Apple Inc 3.05% Bds 31/07/29 Gbp100000
1.5% Yorkshire Water 5.5% 2037
1.4% Amgen 4% 2029
1.4% Berkshire Hathaway Inc 2.375% Bds 19/06/39 Gbp1000
1.4% Dwr Cymru 6.015% 2028
1.4% Hsbc Hldgs 6% Subord Nts 29/03/40 Gbp50000
1.4% Society Of Lloyds(The) 4.75% Sub Nts 30/10/24 Gbp100000
1.3% Axa 5.625% Bds 16/01/54 Gbp1000
1.3% Places For People Homes 5.09% Sec Bds 31/07/43 Gbp(Br)Reg S
Source: Trustnet

Sector breakdown

A- 48.00%
BBB 46.00%
Money Market 4.00%
Non-Rated Non Investment Grade Bonds 2.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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