HL Multi-Manager Strategic Bond Trust A Acc

Ranked 26 out of 59 in - Sterling Strategic Bond over 12 months
All calculations are in GBP unless stated

Managed by

Lee Gardhouse

Lee Gardhouse has been part of the Hargreaves Lansdown multi-manager and investment trust teams since 1995. Gardhouse runs the HL Ultimate Managed, the HL Multi Manager Special Situations and the HL Multi Manager Income & Growth Portfolio funds. He focuses on managers with flair and a proven track record and likes managers to have equity stakes in their own management operations as he believes this provides the potential for good performance. He also keeps watching briefs to ensure there is a healthy variation of investment styles within the selected funds. Born in Reading in 1973, Gardhouse is an Associate of the Society of Investment Professionals. He was educated at St Bartholomew's School in Newbury and gained an honours degree in Economics from John Moore's University in Liverpool. He joined Hargreaves Lansdown in October 1995 and trained as an analyst before taking on fund management responsibilities.

David Smith

David Smith holds a BSc (Hons) degree in statistics, computing, operational research and economics from University College London and an MSc in financial economics from Loughborough University. David also holds a variety of professional qualifications, including the Investment Management Certificate, and is a Chartered Alternative Investment Analyst (CAIA) charterholder. He joined Hargreaves Lansdowne in February 2008 from here at Citywire, where he was a founder member of the award-winning editorial team, later becoming head of investment analysis. David has specialist responsibility for alternative assets and bond funds and has been the co-manager of the HL MM Cautious Managed Trust since February 2008 and joint manager of the HL MM Strategic Bond since its launch in February 2009.

Objective

The investment objective of the Fund is to maximise total returns principally in the form of income. It is intended that the Fund will invest principally in collective investment schemes whose underlying investments consist of floating and fixed interest securities. In addition, the Fund may directly or indirectly invest in other assets including transferable securities, money market instruments and deposits to the extent permitted for Non-UCITS Retail Schemes under COLL. The Fund may invest in derivative instruments and forwards transactions for the limited purposes of efficient portfolio management including hedging.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Strategic Bond over : 30/04/2018 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 3.0%
2018 -2.2% -1.0% -0.2% 0.2% -1.1%
2017 5.0% 2.0% 1.4% 0.3% 1.2%
2016 7.2% 1.1% 1.9% 4.3% -0.3%
2015 0.2% 2.2% -1.8% -0.6% 0.4%
2014 6.0% 2.3% 1.7% 0.7% 1.1%
2013 4.2% 2.3% -1.8% 2.3% 1.3%
2012 14.2% 5.6% 0.3% 4.8% 3.0%
2011 2.8% 2.8% 1.1% -3.4% 2.4%
2010 9.3% 4.9% 0.1% 5.4% -1.2%
2009 9.1% 11.5% 2.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
Invesco Tactical Bond (UK) NT Inc 12.01%
Royal London Sterling Extra Yield Bond Y 11.11%
Fidelity Moneybuilder Income Y Inc 10.16%
Jupiter Strategic Bond Z Inc 10.12%
Morgan Stanley Sterling Corporate Bond F Inc 8.37%
M&G UK Inflation Linked Corporate Bond I Inc 7.87%
M&G Optimal Income I Inc 7.68%
Artemis Strategic Bond MR Inc 7.63%
M&G Strategic Corporate Bond Sterling I Inc 7.53%
Royal London Corporate Bond Z Inc 6.09%
31/01/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date02/02/2009
  • Share Class size217Mn
  • Base currencyGBP
  • ISIN GB00B3D4SX81

Purchase Info

  • Min. initial investment2,500
  • Min. regular additional investment500

Charges

  • Annual management0.75%
  • Initial investment3.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).