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Rathbone Ethical Bond Class I - Accumulation (GBP)

Sell:224.27p Buy:224.27p Change: 0.48p (0.21%)
Prices as at 27 May 2020
Change: 0.48p (0.21%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 27 May 2020
Change: 0.48p (0.21%)
Prices as at 27 May 2020
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.

Our view on this Fund

This fund does not feature on our Wealth 50 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Our view on the sector

Funds in this sector invest mainly in 'investment grade bonds'. These are issued by companies that are more likely to be able to repay their debts to bondholders. As such, they tend to offer lower yields than bonds issued by companies that are less likely to be able to pay off their debts. Corporate bonds have generally performed well since the 2008 financial crisis. With interest rates on cash so low, they've appealed to income investors. This has pushed up bond prices, but means their yields have also fallen. Some suggest there is now less value in this area of the market. We think that with interest rates likely to stay lower for longer, a corporate bond fund could be a good addition to a diversified portfolio invested to generate income.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

27/05/15 to 27/05/16 27/05/16 to 27/05/17 27/05/17 to 27/05/18 27/05/18 to 27/05/19 27/05/19 to 27/05/20
Annual return 1.91% 11.32% 2.49% 3.87% 5.51%

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.

Information about the fund

Fund manager biography

Manager Name: Noelle Cazalis
Manager start date: 1 January 2016
Manager located in: TBC

Noelle works with Bryn Jones, providing credit analysis for the Rathbone Ethical Bond Fund, the Rathbone Strategic Bond Fund, and Rathbone's Fixed Income Committee. Noelle joined Rathbones in July 2011 and was made assistant manager in January 2016. Before this, she worked as a financial analyst for the Bank of France and spent five months in Cambodia, where she undertook due diligence on the banking sector for the French Embassy. Noelle has achieved two master's degrees in Economics & Finance with distinction in 2010, from the University of Bordeaux. Noelle is a CFA (Chartered Financial Analyst) charterholder and was recently named in the 2016 Citywire Top 30 Under 30 investment management awards and  in the CFA UK Society's 30 and under profiles.

manager photo
Manager Name: Bryn Jones
Manager start date: 1 November 2004
Manager located in: London

Bryn joined Rathbones in November 2004. He is co-manager of the Rathbone Ethical Bond Fund alongside Julian Chillingworth. Bryn has over 11 years of investment experience in both equity and fixed income markets, gained with organisations such as Robert Fleming Investment Management, Coutts & Co., and Schroder Investment Management. Immediately prior to joining Rathbones, he was Portfolio Manager (Assistant Vice President) - Fixed Income at Merrill Lynch Investment Managers. Latterly, this was within the private investors' division, managing a wide range of portfolios including institutional charity accounts; the Merrill Lynch Balanced and the Merrill Lynch Income portfolios; unauthorised unit trusts; and segregated private client portfolios. Bryn has a BA Honours in Geography. He holds the Investment Management Certificate; the IAQ Merit Award; and has passed the IAQ Introduction to Securities and Investments examination. A keen footballer, Bryn has represented London Banks against the Royal Marines, and has played hockey for Gravesend, Kent (national division two).

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. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account