Archived article: This article was correct at the time of publishing. Tax, investments and pension rules can change over time so the information below may not be current.

Fund downgrades from the fixed income sector

Further to our previous fund downgrades from both the equities and alternative asset classes, we have now considered the fixed income asset class.

Tom White Tom White
20 December 2016

Focusing the funds available through us

The intention behind downgrading funds is to focus on those that we have conviction in. This means that we are withdrawing future research coverage on the below funds and focusing on alternative investment ideas from the asset class. Downgraded funds may also be unaligned with our current house views and investment philosophy.

Each of the funds we have downgraded has a one-star ‘switch’ rating to reflect the withdrawal of future coverage. This means that you could consider switching into our ideas that we have conviction in and subsequently benefit from our ongoing monitoring.

To see our top-rated funds, including funds from the fixed income sector, please visit here.

Downgraded funds from fixed income

Artemis Strategic Bond – 3 stars to 1 star

Fidelity Global Inflation Linked Bond – 4 stars to 1

Goldman Sachs Global High Yield Portfolio – 3 stars to 1 star

Invesco Perpetual High Yield – 3 stars to 1 star

Invesco Sterling Bond – 3 stars to 1 star

Legal & General Dynamic – 2 stars to 1 star

Newton International Bond – 2 stars to 1

PIMCO Diversified Income – 3 stars to 1 star

PIMCO Emerging Markets Corporate Bond – 2 stars to 1 star

Royal London Duration Hedged Credit – 5 stars to 1 star

Templeton Global Bond – 3 stars to 1 star

Get in touch if you have any questions

If you would like to know more about our recent fund downgrades or you have questions about your investments in general, please call on 020 7189 2400, email or request a call back.


Important Information

The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. This does not constitute personal advice. If you are in doubt as to the suitability of an investment please contact one of our advisers. Past performance is not a guide to future performance. Funds may carry different levels of risk depending on the industry sector(s) in which they invest. You should ensure that you understand the nature of any fund before you invest in it. Bonds issued by major governments and companies will be more stable than those issued by emerging markets or smaller corporate issuers; in the event of an issuer experiencing financial difficulty, there may be a risk to some or all of the capital invested. Please note that historical or current yields should not be considered reliable indicators of future performance.