Morgan Stanley Sterling Corporate Bond Class F - Accumulation (GBP)
Our view on this Fund
This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.
This is a no nonsense corporate bond fund run by a well-resourced team, led by Richard Ford and Dipen Patel. They invest in a wide selection of high-quality corporate bonds with the aim to generate income and some growth over the long term.
It's run in a more conservative way to some corporate bond funds. This means it could perform a little better when bond markets fall, but also lag behind when they rise rapidly. There are no guarantees though.
This doesn't mean the managers are afraid to take a view. They'll invest more aggressively when attractive yields are on offer, but will sit back and be more defensive if they think the risks outweigh the rewards. We like this flexible approach. The fund is also available to HL clients with low ongoing charges.