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Standard Life Inv AAA Income

Ranked 103 out of 107 in - Sterling Corporate Bond over 36 months
All calculations are in GBP unless stated

Managed by

Ross Hutchison

Daniel McKernan

Daniel McKernan is head of sterling investment grade credit at Standard Life Investments and lead manager on the firm's sterling corporate bond portfolios. McKernan joined Standard Life in 2013 from SWIP, where he served as the head of UK and European credit. McKernan was previously director, portfolio manager and a member of BlackRock’s Fixed Income Portfolio Management Group. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. At MLIM, he was a portfolio manager specializing in the management of Sterling credit portfolios. McKernan earned a BSc with honours in banking and international finance from City University, London in 1990.

Objective

The fund aims to provide income by investing mainly in sterling bonds. The Fund is actively managed by our investment teams who may invest in a variety of 'AAA' credit rated assets including corporate bonds, gilts, supranationals and other bonds (e.g. government backed securities, overseas bonds and index-linked bonds) and/or money market instruments in order to take advantage of opportunities they have identified. Generally any overseas assets will be hedged back to sterling.

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 2.1%
2018 -1.2% -0.7% 0.2% -1.0% 0.4%
2017 1.4% 1.1% -0.2% -0.6% 1.1%
2016 7.3% 2.9% 4.1% 3.3% -3.0%
2015 -1.0% 2.3% -3.4% 1.5% -1.3%
2014 10.1% 1.9% 1.7% 2.3% 3.9%
2013 -2.8% 0.3% -2.3% -0.1% -0.7%
2012 7.4% -0.1% 3.3% 3.0% 1.0%
2011 8.7% -0.1% 2.5% 4.9% 1.2%
2010 6.1% 1.5% 3.9% 3.0% -2.4%
2009 0.0% -0.6% -1.3% 2.8% -0.9%
2008 3.8% 0.1% -2.0% 1.2% 4.5%
2007 2.1% -0.4% -2.5% 2.1% 3.1%
2006 -0.3% -0.5% -1.7% 2.9% -1.0%
2005 8.3% -0.1% 4.6% 1.0% 2.6%
2004 6.0% 1.3% -1.4% 3.4% 2.7%
2003 2.0% 1.0% 2.1% -0.7% -0.4%
2002 9.0% -0.2% 3.3% 4.3% 1.4%
2001 5.4% 2.4% -2.1% 3.4% 1.6%
2000 8.2% 1.0% 0.2% 2.0% 4.8%
1999 -3.0% 3.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
Bank Nederlands 5.375% 07-Jun-2021 4.93%
MEADOWHALL FINANCE PLC 4.986% 12-Jul-2037 1 3.57%
European Investment Bank 5.500% 15-Apr-2025 3.50%
Wellcome Trst Fn 4.750% 28-May-2021 3.21%
Commonwealth Bank of Australia 3.000% 04-Sep-2026 3.18%
Santander UK PLC 5.750% 02-Mar-2026 3.13%
European Investment Bank 5.000% 15-Apr-2039 2.66%
Barclays Bank UK 4.250% 12-Jan-2022 2.49%
European Investment Bank 5.625% 07-Jun-2032 2.46%
European Investment Bank 3.875% 08-Jun-2037 2.43%
28/02/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date06/04/1999
  • Share Class size177Mn
  • Base currencyGBX
  • ISIN GB0006161516

Purchase Info

  • Min. initial investment50,000
  • Min. regular additional investment5,000

Charges

  • Annual management1.00%
  • Initial investment4.00%

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