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Alliance Trust Monthly Income Bond

Ranked 19 out of 101 in - Sterling Corporate Bond over 12 months
All calculations are in GBP unless stated

Managed by

Daniel Daldry

Stuart McMaster

Stuart Steven

Fixed interest specialist Stuart Steven has 11 years' experience in the industry. He started out as an assistant management accountant with RHM in 1988 and then moved to Dawson International, where he was assistant group treasurer. He moved into fund management with Britannic Asset Management in 1994 and headed its corporate bond team during a six-year spell there before Legal and General snapped him up in 2000. He was an associate director of corporate bonds at Legal & General, heading up the corporate bond team. He then moved to Scottish Widows Investment Partnership where he managed a number of fixed interest funds. Stuart now works at Alliance Trust, running the Mmonthly Income Bond Fund alongside Gareth Quantrill. Born in Cumbernauld, Scotland, he earned an accounting degree from Stirling University in 1988 and completed an MSc in investment analysis in 1998.


The Fund aims to produce a monthly income yield and the prospect of capital growth by investing in a portfolio of assets which predominately comprises corporate bonds, and also includes government bonds, whilst at the same time actively managing the interest rate exposure of the Fund. The Fund will pay interest distributions monthly.

Showing fund performance in United Kingdom View performance globally


Sterling Corporate Bond over : 31/12/2014 - 31/12/2015

Total Return

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 1.0% 2.7% -2.7% 0.0% 1.0%
2014 6.6% 2.3% 1.8% 0.7% 1.6%
2013 2.0% 1.9% -3.4% 2.6% 1.0%
2012 21.9% 7.3% -0.4% 9.0% 4.7%
2011 -1.0% 3.8% 0.4% -8.0% 3.2%
2010 4.7% -3.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date14/06/2010
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN GB00B3T4T518

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0


  • Annual management1.00%

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