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HL Multi-Manager Strategic Bond Trust Class A - Accumulation (GBP)

Sell:202.07p Buy:202.07p Change: 0.43p (0.21%)
Prices as at 25 September 2020
Sell:202.07p
Buy:202.07p
Change: 0.43p (0.21%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 25 September 2020
Sell:202.07p
Buy:202.07p
Change: 0.43p (0.21%)
Prices as at 25 September 2020
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 3.00%
Initial saving from HL: 3.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.21%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.21%
There are other unit types of this fund available:
Class A - Income (GBP) (Net ongoing charge 1.21%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 2 February 2009
Sector: GBP Strategic Bond
Fund size: £946 million
Number of holdings: 13
Fund type: Unit Trust
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 11:00
Trustee: Northern Trust Global Services SE
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

25/09/15 to 25/09/16 25/09/16 to 25/09/17 25/09/17 to 25/09/18 25/09/18 to 25/09/19 25/09/19 to 25/09/20
Annual return 6.65% 3.33% 0.18% 5.87% 3.60%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

HL Research

This is our solution for exposure to bonds. It combines our favourite bond fund managers in a single fund and is designed to be a core investment.

David Smith and Lee Gardhouse, the fund's managers, use a flexible approach, targeting a combination of capital growth and attractive monthly income over...

Fund Objective

The investment objective of the Trust is to maximise total returns principally in the form of income.

Income Details

Historic yield : 2.83%
Distribution yield : 2.51%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 1 September 2020 1 October 2020 1 November 2020 1 December 2020 1 January 2021 1 February 2021 1 March 2021 1 April 2021 1 May 2021 1 June 2021 1 July 2021 1 August 2021
Payment date: 30 September 20204 31 October 20204 30 November 20204 31 December 20204 31 January 20214 28 February 20214 31 March 20214 30 April 20214 31 May 20214 30 June 20214 31 July 20214 31 August 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 May 2019.

Security Weight
Invesco Tactical Bond 13.37%
Jupiter Strategic Bond 10.26%
M&G Optimal income 8.82%
M&G Global Macro Bond 8.66%
Royal London Sterling Extra Yield Bond 7.46%
Artemis Strategic Bond 7.46%
Morgan Stanley Sterling Corporate Bond 7.18%
Fidelity MoneyBuilder Income 7.00%
Artemis Corporate Bond 6.24%
Liontrust Strategic Bond 6.10%
Sector Weight
Bonds 87.13%
Managed Funds 8.75%
Cash and Equiv. 2.70%
Alternative Trading Strategies 1.38%
Non-Renewable Energy 0.06%
Tobacco 0.06%
Automobiles & Parts 0.05%
Electricity 0.03%
Non-life Insurance 0.02%
Industrial Support Services 0.02%
Country Weight
United Kingdom 32.23%
United States 24.43%
Managed Funds 8.75%
Netherlands 4.79%
France 4.75%
Germany 4.26%
Cash and Equiv. 3.42%
Australia 2.53%
Luxembourg 2.32%
Italy 2.12%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 25 September 2020. Data provided by Funds Library, correct as at 28 August 2020.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.