Ignis Corporate Bond A Retl Acc NAV

IMA Sector:

Corporate Bond

ISIN:

GB0001300267

Fund Type:

Unit Trust

 0.00
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: --2024
  • Change: 0.00
  • Change %: n/a
  • Currency:
  • YTD change: 0.00
  • YTD %: n/a

Fund Objective

To produce income and capital growth by investing in UK fixed interest securities (which includes corporate bonds) and Gilts (with the provision to invest up to 15% of the portfolio in fixed interest securities outside the UK).

View on Past Performance

Spreads continued to drift nervously over the quiet summer months in anticipation of new supply. Overall though, yields fell with the lower oil price which reduced inflationary pressures, allowing the market to start pricing in rate cuts in the coming months. The fund returned 1.2% which was slightly behind its sector average

Future Expectations

Spreads continued to drift nervously over the quiet summer months in anticipation of new supply. Overall though, yields fell with the lower oil price which reduced inflationary pressures, allowing the market to start pricing in rate cuts in the coming months. The fund returned 1.2% which was slightly behind its sector average.The OECD has forecast that the UK will dip into recession in the second half of the year, with GDP expected to contract by 0.4% and 0.3% respectively over the next two quarters.We believe this will force the Bank of England to start cutting rates as soon as inflation peaks in October - this could be followed by five more cuts over the next year. Activity on the fund was low in August: we reduced exposure to insurance, which had held up well relative to other financial sectors.

Fund Details

Latest Price 0.00 IMA Sector Corporate Bond
Currency Launch Date 09/07/1990
Fund Size n/a Fund Manager Joe McKenna / Adam Walker
ISIN GB0001300267 Dividend 0.00
 

Price Info

Date n/a
Bid 0.00
Offer 0.00
Currency n/a
Change 0.00
% n/a
YTD change 0.00
YTD % n/a

Fund Facts

Fund Inception 09/07/1990
Fund Manager Joe McKenna / Adam Walker
TER -
Minimum Investment
Initial 500
Additional 250
Savings n/a
Charges
Initial 4.25%
Annual Mang't 1.10%
Exit n/a

Risks

Name %
Standard deviation 4.38
Sharpe ratio -0.04

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