Philip Milburn has spent the entirety of his financial career at Kames Capital (formerly AEGON). He constructs a portfolio of between 40 and 60 holdings for his Kames High Yield Bond fund and invests in bonds and only bonds for the High Yield Bond fund. Earlier in his career Milburn spent a year on secondment to Latin American equities and worked as Global Telecoms Coordinator at the group. Born in Nottingham in 1974, Milburn holds a first class masters degree in economics from Edinburgh University. He is a keen sportsman who enjoys squash, 5-a-side football and skiing.
Born in 1966, David Roberts graduated in Economics and Industrial relations from Strathclyde University and completed an MSc in Investment Analysis from Stirling University. He joined TSB Scotland in 1988 before moving to Bankers Trust and ran the treasury operation for the firm's global custody business. A year later Lloyds TSB snapped him up to play a front office role in which he was primarily responsible for the expansion of institutional business. In 1997 he was recruited to develop in house credit systems at Britannic and in 2001 was appointed head of credit at the company. Roberts left Britannic to join Scottish rivals Aegon (now Kames Capital) as head of retail fixed income in March 2004. The Kames Sterling Corporate Bond fund invests predominantly in UK fixed interest, while the Kames Strategic Global Bond fund invests in bonds from around the world.
Spanish-born Juan Valenzuela is currently a fund manager at Kames Capital and has over ten years of experience in the financial industry. Prior to joining Kames Capital in October 2015, he was a fixed income investment manager at Alliance Trust. Valenzuela was based in Edinburgh where he ran the Alliance Trust Dynamic Bond Fund as well as institutional mandates. Before joining Alliance Trust he was fixed income director of absolute return strategies at SWIP, and also spent three years as a yield analyst at JP Morgan. He gained a bachelor's degree in law and a degree in business studies from University Carlos III in Madrid and holds the IMC and CFA Charter. Outside of work he enjoys triathlon.
The primary investment objective is to maximise total return (income plus capital) by investing in global debt instruments denominated in any currency, ranging from AAA Government Bonds through to high yield and emerging market corporate bonds. At least 80% of the fund will be invested in sterling and other currency denominated bonds hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.
Rank 53/61 Total Return
Rank 29/61 Standard Deviation
Rank 47/61 Max Drawdown
|51||Fidelity Strategic Bond A Inc||GBP||
|52||M&G Optimal Income A Inc||GBP||
|53||Kames Strategic Bond Acc A||GBP||
|54||Aberdeen Sterling Bond A Ac||GBP||
|55||Virgin Income Trust||GBP||
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|27||Threadneedle Strategic Bond Ret Net Inc GBX||GBP||
|28||Santander Strategic Bond Institutional Gross Inc||GBP||
|29||Kames Strategic Bond Acc A||GBP||
|29||St James's Place Corporate Bond Acc||GBP||
|31||Invesco Perpetual Monthly Income Plus Inc||GBP||
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Month by Month Performance
Returns Vs Risk
- United Kingdom
- Launch date16/12/2003
- Share Class size683Mn
- Base currencyGBP
- Min. initial investment500
- Min. regular additional investment50
- Annual management1.25%
- Initial investment0