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Standard Life Inv Co Inv Grade Corp Bd Ret Acc

Ranked 48 out of 107 in - Sterling Corporate Bond over 36 months
All calculations are in GBP unless stated

Managed by

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.

Mark Munro

Edinburgh-based Mark Munro joined Scottish Widows Investment Partnership (SWIP) in 2006 where he manages fixed income funds. He started out as an equity analyst before moving over to credit and becoming a portfolio manager. He studied Law at Edinburgh University and is a CFA Charterholder. Outside of fund management Mark enjoys golf and football.

Objective

The fund aims to generate an income, before charges, above that available on UK Government bonds by investing mainly in Sterling denominated corporate bonds. The fund is actively managed by our investment team who may also invest a proportion of assets in other bonds (e.g. gilts) and/or money market instruments to try to take advantage of opportunities they have identified.

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 4.1%
2018 -3.1% -2.1% -0.4% -0.7% 0.1%
2017 5.0% 1.8% 1.1% -0.4% 2.4%
2016 10.4% 2.3% 4.2% 6.8% -3.0%
2015 -0.8% 3.8% -4.3% -0.2% 0.1%
2014 9.8% 2.0% 2.5% 1.7% 3.2%
2013 1.3% 1.3% -2.4% 2.2% 0.2%
2012 15.0% 3.9% 1.9% 5.9% 2.6%
2011 5.0% 2.0% 1.5% -1.4% 2.8%
2010 8.5% 4.4% 1.7% 6.5% -4.0%
2009 10.2% -7.9% 9.5% 9.5% -0.1%
2008 -7.3% -3.5% 0.5% -3.3% -1.1%
2007 -0.7% 0.3% -2.5% 0.1% 1.6%
2006 -0.3% -0.8% -1.8% 2.9% -0.6%
2005 9.2% 0.0% 4.5% 1.3% 3.2%
2004 6.5% 0.5% -1.4% 4.0% 3.4%
2003 6.2% 1.4% 3.8% 0.3% 0.6%
2002 7.6% 0.7% 1.3% 3.9% 1.6%
2001 7.0% 2.1% -0.4% 3.0% 2.1%
2000 8.8% 1.6% -0.2% 2.3% 4.9%
1999 -1.0% 0.8% -2.6% -2.8% 3.8%
1998 16.2% 3.5% 2.1% 4.3% 5.5%
1997 15.7% 1.4% 6.4% 5.2% 1.9%
1996 7.9% -2.5% 3.7% 3.9% 2.6%
1995 6.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
Glaxosmithkline Capital PLC 5.250% 19-Dec-2033 1.12%
RWE Finance 5.500% 06-Jul-2022 1.00%
Land Sect Cp 2.399% 08-Feb-2031 0.88%
BAA Funding 6.750% 03-Dec-2026 0.84%
Lloyds Bank PLC 7.625% 22-Apr-2025 0.81%
Wal-Mart Stores Inc 5.625% 27-Mar-2034 0.79%
United Kingdom 4.500% 07-Sep-2034 0.75%
HSBC Holdings PLC 2.175% 27-Jun-2023 0.75%
NATIONAL WESTMINSTER BANK PLC 5.125% 13-Jan-2024 0.75%
AT&T Inc 5.500% 15-Mar-2027 0.73%
28/02/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date21/07/1995
  • Share Class size486Mn
  • Base currencyGBP
  • ISIN GB0004330048

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment50

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).