View more on these topics

Rathbones unveils strategic bond fund for Jones

Rathbones has launched a strategic bond fund, which can also invest in collectives for fixed income director Bryn Jones.

The Rathbone strategic bond fund, which launches on October 3, will hold both individual fixed income securities and collective vehicles in its portfolio.

Half of the fund will typically be held in sterling-denominated government bonds and investment-grade corporate debt, while the remainder will be allocated to collective investment vehicles, especially those in specialist areas such as high yield and emerging market debt.

Up to 20 per cent of the portfolio can be held in off-benchmark assets, such as qualifying alternative fixed income funds and qualifying structured products, to lower the fund’s risk and volatility.

Jones (pictured), who also manages the £73.8m Rathbone ethical bond fund, says: “Whilst a number of other strategic bond funds have come to the market in recent years, we are differentiated by our ability to invest directly in fixed income securities and in collective vehicles.”

The fund’s investment team will also include David Coombs, the head of multi-asset investments at Rathbones, who will oversee the collectives section of the portfolio, Will McIntosh-Whyte, the asset manager’s investment manager, and credit analyst Noelle Cazalis.

The fund has a minimum investment of £1,000, an initial charge of 4 per cent and an annual management charge of 1.25 per cent.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com