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RATHBONE HIGH QUALITY BOND I

PRICE (INC)

86.89p

PRICE (ACC)

-

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.35%

ONGOING CHARGE

0.4%

YIELD

3.3%

1 YEAR
5.57%
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Prices as at 29 Nov 2023.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The objective of the fund is to preserve capital and pay an income by delivering a greater total return than the Bank of England’s Base Rate + 0.5%, after fees, over any rolling three-year period. The managers use the Bank of England’s Base Rate + 0.5% as a target for the fund’s return because the manager aim to provide a return in excess of what would receive in a UK savings account. This is an investment product, not a cash savings account. To meet the objective, the fund manager will invest at least 80% of the fund in government and corporate bonds with high credit ratings (AAA to A-). The remaining 20% of the fund is invested in investment grade government and corporate bonds with lower credit ratings (BBB+ to BBB-) or bonds with no rating at all. Up to 10% of the fund can be invested directly in contingent convertible bonds. If a bond’s rating falls below BBB-, otherwise known as high yield, the fund manager will sell it within six months.

Fund summary

Sector£ Corporate Bond
StructureOEIC
LaunchedJuly 2019
Size£209m
Yield3.3%
Dividends paidMarch, June, September, December

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.35%
Ongoing Charges Figure0.4%

Investment Process

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning