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Kames Investment Grade Bond

Ranked 62 out of 107 in - Sterling Corporate Bond over 36 months
All calculations are in GBP unless stated

Managed by

Grace Le

Euan McNeil

Euan McNeil is an investment manager in the fixed income team. He specialises in investment grade credit and co-manages two investment grade bond funds as well as several institutional portfolios. Euan joined Kames Capital in 2003 from Britannic Asset Management, where he worked in the corporate bond team. Prior to that, he was an international equities manager at Blairlogie Capital Management. Euan studied international business and French at the University of Strathclyde and has an MSc in investment analysis from the University of Stirling. Outside of work he enjoys golf.

Objective

The primary investment objective is to maximise total return (income plus capital) by investing primarily in investment grade and government bonds denominated in sterling and other currencies. The fund may hold a maximum of 20% in high yield bonds and may also hold cash. A minimum of 80% of fund will be hedged back to sterling. The fund may make use of derivatives for investment purposes or to enhance efficient portfolio management.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Corporate Bond over : 31/03/2016 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 3.4%
2018 -3.8% -1.7% -0.3% -0.4% -1.5%
2017 6.9% 2.3% 1.4% 0.8% 2.4%
2016 9.1% 2.2% 3.0% 6.2% -2.4%
2015 1.9% 3.7% -3.0% 0.9% 0.4%
2014 11.6% 3.0% 2.8% 1.6% 3.9%
2013 3.2% 2.3% -2.8% 2.4% 1.2%
2012 17.5% 4.8% 1.3% 7.1% 3.3%
2011 6.1% 2.5% 1.1% -1.3% 3.7%
2010 8.3% 4.7% 0.0% 5.9% -2.3%
2009 24.9% -4.6% 11.9% 13.7% 2.9%
2008 -11.8% -3.0% -2.4% -5.5% -1.4%
2007 0.6% 0.1% -1.9% 0.1% 2.3%
2006 2.9% 0.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
LONG GILT JUN9 13.96%
USD/GBP Forward Contract 9.13%
EUR/GBP Forward Contract 7.05%
Time/Term Deposits General Security 3.83%
KfW 0.375% 15-Dec-2020 2.26%
European Investment Bank 1.125% 07-Sep-2021 1.72%
European Investment Bank 0.875% 15-Mar-2021 1.72%
KfW 5.750% 07-Jun-2032 1.72%
KfW 1.250% 29-Dec-2023 1.71%
European Investment Bank 2.500% 31-Oct-2022 1.69%
28/02/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/06/2006
  • Share Class size844Mn
  • Base currencyGBP
  • ISIN GB00B141C763

Purchase Info

  • Min. initial investment2Mn
  • Min. regular additional investment10,000

Charges

  • Annual management0.75%
  • Initial investment0.00%

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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).