Aegon AM Strategic Bond Class B Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund 4.5% 18.4% -5.3% -7.4% 6.6%
Sector 1.9% 9.0% -4.8% -3.5% 5.5%
Rank 17/69 7/74 36/79 73/82 32/85
Quartile 1 1 2 4 2

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund -2.2% 2.9% 2.6%
Sector -1.0% 1.5% 2.4%
Rank 56/79 14/69 22/52
Quartile 3 1 2

Top 10 Holdings

Stock % Weight
US TREASURY N/B 4% 31/01/2029 2.75
NEW ZEALAND GOVERNMENT 2.75% 15/04/2037 0437 2.52
SAFEHOLD GL HOLDINGS LLC 6.1% 01/04/2034 2.43
4¼% Treasury Stock 2032 2.04
PIRAEUS FINANCIAL HLDGS VAR 17/04/2034 EMTN 1.96
WARNERMEDIA HOLDINGS I 5.391% 15/03/2062 1.80
US TREASURY N/B 1.875% 15/02/2032 1.75
EUROBANK ERG SVCS HLDGS VAR 25/04/2034 EMTN 1.62
NOVO BANCO SA VAR 01/12/2033 1.41
ABANCA CORP BANCARIA SA VAR 14/10/2171 1.39
Total 19.66

Fund Aims

The investment objective is to provide a combination of income and capital growth over any 7 year period.

Fund Manager

Colin Finlayson manager for 5 years and 5 months

Photo of Colin Finlayson Colin Finlayson is an investment manager in Kames Capital’s Fixed Income team and specialises in global government bonds and relative-value analysis. He is the co-manager of the Kames Absolute Return Bond Fund and Kames Strategic Global Bond Fund as well as the Core Plus and Long Core Plus pooled pension funds. He joined us in 2000 directly from the University of Strathclyde, where he studied Economics and Finance. Colin is a CFA charterholder.

Alex Pelteshki manager for 6 years and 8 months

Photo of Alex Pelteshki is an Investment Manager in the Fixed Income team and specialises in credit analysis in the global financials sector across the entire capital structure. He is also a co-manager of the Kames Strategic Global Bond strategies and an Absolute Return Bond Fund. He joined us in 2014 from ING Financial Markets, where was a publishing/lead equity analyst on the banks sector. Prior to that, Alexander was an equity trading analyst for UBS Wealth Management. Alexander studied International Business Management at Dickinson College in the USA, and has an MBA degree from Erasmus University in Rotterdam.

Fund Overview

Mid (01/05/2024) 144.48p
Distribution yield 4.45%
Underlying yield -
Fund size (29/02/2024) £299.81m
Number of holdings 207
Entry Charge 0.00%
Ongoing Charges 0.58%
Launch date 03/09/2012

Asset Allocation

pie chart
  International Bonds 75.92%
  UK Corporate Bonds 15.80%
  UK Gilts 3.06%
  Cash and Equivalents 2.92%
  Alternative Trading Strategies 0.31%
  Other Assets 1.98%
Portfolio data accurate as at: 29/02/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 75.92%
  UK Corporate Bonds 15.80%
  UK Gilts 3.06%
  Cash and Equivalents 2.92%
  Alternative Trading Strategies 0.31%
  Other Assets 1.98%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 94.79% - - -
 
 Cash and Equivalents 2.92% - - -
 
 Non-Classified 1.98% - - -
 
 Alternative Trading Strategies 0.31% - - -
 
 Alternative Trading Strategies - 0.31% - -
 
 Alternative Trading Strategies - - 0.31% -
 
 Alternative Trading Strategies - - - 0.31%

Regional Allocation

pie chart
  Developed Europe - Excl UK 27.90%
  North America 27.65%
  UK 18.86%
  Non-Classified 9.10%
  Emerging Europe 8.53%
  Cash and Equivalents 2.92%
  Australia & New Zealand 2.52%
  Middle East & Africa 2.52%

Fixed Interest Currencies

pie chart
  US Dollar 38.87%
  Euro 30.50%
  Pound Sterling 22.89%
  Cash 2.92%
  New Zealand Dollar 2.52%
  Non-Fixed Interest Assets 2.30%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 27.90% -
 
 Luxembourg - 5.82%
 
 Netherlands - 4.90%
 
 Spain - 4.44%
 
 Italy - 4.11%
 
 Germany - 2.63%
 
 Austria - 2.59%
 
 France - 1.99%
 
 Switzerland - 0.76%
 
 Sweden - 0.66%
 
 North America 27.65% -
 
 United States - 27.65%
 
 UK 18.86% -
 
 United Kingdom - 18.86%
 
 Non-Classified 9.10% -
 
 Emerging Europe 8.53% -
 
 Greece - 5.99%
 
 Czech Republic - 1.36%
 
 Romania - 1.17%
 
 Cash and Equivalents 2.92% -
 
 Australia & New Zealand 2.52% -
 
 New Zealand - 2.52%
 
 Middle East & Africa 2.52% -
 
 Israel - 2.52%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
20.09%
5Yr - 10Yr Maturity
 
 
39.00%
10Yr - 15Yr Maturity
 
 
15.07%
> 15Yr Maturity
 
 
20.62%
Cash And Equivalents
 
 
2.92%
Unknown Maturity
 
 
1.98%
Other Asset Types
 
 
0.31%

Fixed Interest Quality Profile

AAA
 
 
5.47%
AA
 
 
3.49%
A
 
 
1.31%
BBB
 
 
22.20%
Sub-Investment Grade
 
 
19.36%
Unknown Quality
 
 
42.95%
Cash and Equivalents
 
 
2.92%
Other Asset Types
 
 
2.30%

Top 10 Holdings

Stock % Weight Sector Country
1 US TREASURY N/B 4% 31/01/2029 2.75% Bonds United States
2 NEW ZEALAND GOVERNMENT 2.75% 15/04/2037 0437 2.52% Bonds New Zealand
3 SAFEHOLD GL HOLDINGS LLC 6.1% 01/04/2034 2.43% Bonds United States
4 4¼% Treasury Stock 2032 2.04% Bonds United Kingdom
5 PIRAEUS FINANCIAL HLDGS VAR 17/04/2034 EMTN 1.96% Bonds Greece
6 WARNERMEDIA HOLDINGS I 5.391% 15/03/2062 1.80% Bonds United States
7 US TREASURY N/B 1.875% 15/02/2032 1.75% Bonds United States
8 EUROBANK ERG SVCS HLDGS VAR 25/04/2034 EMTN 1.62% Bonds Non-Classified
9 NOVO BANCO SA VAR 01/12/2033 1.41% Non-Classified Non-Classified
10 ABANCA CORP BANCARIA SA VAR 14/10/2171 1.39% Bonds Spain

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B3ZLQW2
Mex Code SESBBI
Isin Code GB00B3ZLQW29
Citi Code GMTO

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.58%

Aims and Benchmark

Aims The investment objective is to provide a combination of income and capital growth over any 7 year period.
Benchmark Investment Association Strategic Bond sector
Benchmark Category Comparator
IA Sector £ Strategic Bond

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Quarterly
Distribution Type Interest
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 February 31 March
01 May 30 June
01 August 30 September
01 November 31 December

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Citibank
Fund Administrator Citibank
Fund Registrar Northern Trust Global Services Limited
Fund Custodian Citibank

Group Details

Group name Aegon Asset Management
Group address 3 Lochside Avenue Edinburgh Park EDINBURGH EH12 9SA
Group telephone 0800 45 44 22
Dealing telephone 0800 169 5186
Email info@kamescapital.com
Homepage www.aegonam.com
Fax number -

Dealing

Minimum Investment £2000000
Minimum Top Up £1000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 4

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.