European Corporate Bond Fund B Acc EUR
Retail ISIN: LU1078093090
- Price (EUR)
- 11.2511
- Daily change
-
0.01
(0.09%)
- Change date
- 18/04/2019
Introduction
The fund aims to provide long term growth from capital gains and the reinvestment of income generated by investing predominantly in European investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs) and/or money market instruments) in order to take advantage of opportunities they have identified. Non euro denominated assets held in the fund will generally be hedged back to euros. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk, or to meet its investment objective. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Risk and Reward Profile
Lower Risk
Typically lower rewards
Higher Risk
Typically higher rewards
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
This indicator reflects the volatility of the fund's share price over the last five years, which in turn reflects the volatility of the underlying assets in which the fund invests. Historical data may not be a reliable indication for the future. Further information can be found in this fund's Key Investor Information Document.
Fund management
Craig MacDonald
Prior to joining Standard Life Investments in January 2002, Craig was a Director and team leader responsible for non-local government European public finance at Standard & Poor’s, the credit rating agency. This encompassed areas such as Private Finance Initiative and other project finance, and structured bonds in areas such as healthcare, housing, education and social housing. Craig holds an MBA from London Business School and a BA (Hons) from the University of Durham.
Felix Freund
Prior to joining Standard Life Investments in 2012, Felix worked for eight years as a portfolio manager at Union Investment, where he managed Corporate Bond and Euro Aggregate Bonds funds, including Union Investments institutional Euro Corporate flagship fund. Before 2004 he gained equity market experience by working as a portfolio assistant at Gerling (now Talanx Asset Management). Felix holds an MBA from University of Cologne and is a CFA Charterholder.
Performance
Fund performance (on a bid to bid basis)
Powered by data from FE
Fund performance & returns (figures updated on a quarterly basis)
| Fund performance | |||||
| Sector performance | |||||
| 1 month* | 6 months* | 1 year* | 3 years* | 5 years* | |
| Fund performance | |||||
| Sector performance |
Past performance is not a guarantee of future returns. The value of investments may go down as well as up and you may receive back less than you invested. Your capital and income is not guaranteed.
* Values to -
** n/a indicates that fund performance information is not available for this period due to the date the fund was launched.
"FTSE" is a trademark jointly owned by the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited ("FTSE") under licence. All rights in the FTSE indices vest in FTSE. FTSE does not sponsor, endorse, or promote this or any other financial product.
Investment objective
The fund aims to provide long term growth from capital gains and the reinvestment of income generated by investing predominantly in European investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs) and/or money market instruments) in order to take advantage of opportunities they have identified. Non euro denominated assets held in the fund will generally be hedged back to euros. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk, or to meet its investment objective. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Key information
| Managers | Craig MacDonald , Felix Freund |
|---|---|
| Launch date | 25 Sep 2003 |
| Fund currency | EUR |
| Benchmark | iBoxx Euro Corporate All Stocks Index |
| Codes |
|
| Charges (%) |
|
| Risk and Reward | 3 |
| Min value of holdings |
|
Performance
Fund performance (on a bid to bid basis)
Powered by data from FE
Fund performance & returns (figures updated on a quarterly basis)
| Fund performance | |||||
| Sector performance | |||||
| 1 month* | 6 months* | 1 year* | 3 years* | 5 years* | |
| Fund performance | |||||
| Sector performance |
Past performance is not a guarantee of future returns. The value of investments may go down as well as up and you may receive back less than you invested. Your capital and income is not guaranteed.
* Values to -
** n/a indicates that fund performance information is not available for this period due to the date the fund was launched.
"FTSE" is a trademark jointly owned by the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited ("FTSE") under licence. All rights in the FTSE indices vest in FTSE. FTSE does not sponsor, endorse, or promote this or any other financial product.
Factsheets and guides
Prospectus and reports
| Date | Price |
|---|---|
The value of an investment can fall as well as rise and is not guaranteed - you may get back less than you put in. Past performance is not a guide to future performance.
These historic unit prices are provided by FE, and are for information purposes only. Standard Life Investments is not responsible for the accuracy or completeness of information supplied by FE.