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Legal & General Dynamic Bond R Acc

Ranked 18 out of 56 in - Sterling Strategic Bond over 12 months
All calculations are in GBP

Managed by

Martin Reeves

Martin Reeves graduated with an MA in economics from St. Catherine’s College, University of Cambridge. He started his career at Ernst & Young where he qualified as a chartered accountant and worked within the capital markets group. Martin went on to join UBK Asset Management where he was the head of the US based high yield research team. In 1988 he joined Alliance Bernstein where he started as the director of European credit research and in 2002 he worked as director of research for the Asia Pacific team before becoming director of the European fixed income business unit in 2004. He then became director of global credit research, and has managed fixed income funds for over 19 years. Martin joined Legal & General Investments in September 2011 as head of high yield and took over the Legal & General High Income Trust.

Objective

The objective of this fund is to provide a combination of income and growth. The fund will invest between 80% and 100% in bonds (a type of loan which pays interest) and/or derivatives (contracts which have a value linked to the price of another asset) and/or cash. The bonds may have a fixed or variable rate of income. The bonds that the fund invests in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). Investment and sub-investment grade bonds are bonds that have been given a credit rating. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.

Performance

Sterling Strategic Bond over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 4.9% 2.5% 2.6% -0.3%
2013 5.6% 2.1% -0.7% 1.8% 2.3%
2012 15.4% 6.4% -0.3% 4.9% 3.6%
2011 -2.5% 3.3% -0.3% -7.6% 2.5%
2010 9.5% 6.0% -2.0% 7.1% -1.6%
2009 43.7% 5.7% 14.7% 14.2% 3.8%
2008 -0.3% -2.2% -0.3% -1.5% 3.7%
2007 -0.4% -0.7% -0.1% 0.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date30/04/2007
  • Share Class size1,533Mn
  • Base currencyGBP
  • ISIN GB00B1TWMM97

Purchase Info

  • Min. initial investment500
  • Min. additional investment50

Charges

  • Annual management1.3%
  • Initial investment3

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