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Kames Investment Grade Bond

Ranked 35 out of 105 in - Sterling Corporate Bond over 12 months
All calculations are in GBP unless stated

Managed by

Euan McNeil

Euan McNeil is an investment manager in the fixed income team. He specialises in investment grade credit and co-manages two investment grade bond funds as well as several institutional portfolios. Euan joined Kames Capital in 2003 from Britannic Asset Management, where he worked in the corporate bond team. Prior to that, he was an international equities manager at Blairlogie Capital Management. Euan studied international business and French at the University of Strathclyde and has an MSc in investment analysis from the University of Stirling. Outside of work he enjoys golf.

Stephen Snowden

Stephen Snowden is head of credit in the fixed income team. He specialises in investment grade credit and co-manages two investment grade bond funds and an absolute return bond fund. He rejoined Kames Capital in July 2011 from Old Mutual Asset Management where he managed the Corporate Bond Fund. Stephen started his career with Kames Capital in 1994, initially focusing on equities before moving to the fixed income team to manage corporate bond funds. He has a first class honours degree BSc Finance and an MSc Finance from Queens University Belfast.

Objective

The primary investment objective is to maximise total return (income plus capital) by investing primarily in investment grade and government bonds denominated in sterling and other currencies. The fund may hold a maximum of 20% in high yield bonds and may also hold cash. A minimum of 80% of fund will be hedged back to sterling. The fund may make use of derivatives for investment purposes or to enhance efficient portfolio management.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Corporate Bond over : 30/06/2016 - 30/06/2017
  • Rank 35/105 Total Return
  • Rank 36/105 Standard Deviation
  • Rank 32/105 Max Drawdown
Fund Name Currency Return
33 UBS Corporate Bond UK Plus B Acc Gross

Currency exposure is hedged

Currency exposure is hedged

GBP

7.4%

34 Fidelity Duration 5 Feeder GBP

7.4%

35 Kames Investment Grade Bond B Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

7.4%

36 Scottish Widows Corporate Bond A Acc GBP

7.3%

37 Aberdeen Corporate Bond A Ac GBP

7.3%

Fund Name Currency Risk
34 Kames Ethical Corporate Bond Acc A GBP

6.3

35 M&G Corporate Bond X Inc GBP

6.3

36 Kames Investment Grade Bond B Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

6.4

37 F&C Corporate Bond 1 Inc GBP

6.4

38 M&G Feeder of Corporate Bond GBP I Inc GBP

6.5

38 Kames Sterling Corporate Bond Acc B GBP

6.5

Fund Name Currency Loss
30 Morgan Stanley Sterling Corporate Bond I Acc GBP

-3.8%

31 Smith & Williamson Fixed Interest Fund A GBP

-3.8%

32 Kames Investment Grade Bond B Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.2%

33 AXA Sterling Corporate Bond Z Inc Net GBP

-4.2%

34 TwentyFour Corporate Bond GBP Acc GBP

-4.2%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 2.3% 1.4%
2016 9.1% 2.2% 3.0% 6.2% -2.4%
2015 1.9% 3.7% -3.0% 0.9% 0.4%
2014 11.6% 3.0% 2.8% 1.6% 3.9%
2013 3.2% 2.3% -2.8% 2.4% 1.2%
2012 17.5% 4.8% 1.3% 7.1% 3.3%
2011 6.1% 2.5% 1.1% -1.3% 3.7%
2010 8.3% 4.7% 0.0% 5.9% -2.3%
2009 24.9% -4.6% 11.9% 13.7% 2.9%
2008 -11.8% -3.0% -2.4% -5.5% -1.4%
2007 0.6% 0.1% -1.9% 0.1% 2.3%
2006 2.9% 0.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/06/2006
  • Share Class size1,448Mn
  • Base currencyGBP
  • ISIN GB00B141C763
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2Mn
  • Min. regular additional investment10,000

Charges

  • Annual management0.75%
  • Initial investment0

Related News

Kames's Snowden: 'There is no bond bubble'

Kames Capital’s Stephen Snowden says corporate bonds are ‘expensive’, but are not in bubble territory.

Corporate credit yields under pressure as liquidity risk rises

As banks exit their traditional broker dealer roles, liquidity risk is rising alarmingly.

Snowden: 11th hour QE can save Europe

Liquidity is minimal and risks abound, but corporate bonds on the continent will rebound when politicians get there act together, says Kames bond fund manager Stephen Snowden.

Aegon hands Snowden investment grade bond fund

Stephen Snowden will replace David Roberts as as co-manager on the fund and will also take joint responsibility of the firm's investment grade global bond funds.

McNeil replaces Milburn on Aegon Ethical bond fund

Euan MacNeil joins forces with Iain Buckle at the helm of the £195 million bond fund and will also assist David Roberts in the running of the firm's Investment Grade Bond fund.

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