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Rathbone High Quality Bond Class S - Income (GBP)

Sell:90.47p Buy:90.47p Change: 0.11p (0.12%)
Prices as at 9 October 2024
Sell:90.47p
Buy:90.47p
Change: 0.11p (0.12%)
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 9 October 2024
Sell:90.47p
Buy:90.47p
Change: 0.11p (0.12%)
Prices as at 9 October 2024
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 accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.40% i
Ongoing saving from HL: 0.15% i
Net ongoing charge: 0.25%
There are other unit types of this fund available:
Class S - Accumulation (GBP) (Net ongoing charge 0.25%)

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:
Stuart Chilvers
Fund launch date: 16 November 2018
Sector: GBP Corporate Bond
Fund size: £152 million
Number of holdings: 71
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

09/10/19 to 09/10/20 09/10/20 to 09/10/21 09/10/21 to 09/10/22 09/10/22 to 09/10/23 09/10/23 to 09/10/24
Annual return 2.31% -0.05% -12.90% 8.00% 7.62%

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

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

We aim to preserve your capital and pay an income by delivering a greater total return than the Bank of England's Base Rate + 0.5%, after fees, over any rolling three-year period. Total return means the return we receive from the value of our investments increasing (capital growth) plus the income we receive from our investments (interest payments). We use the Bank of England's Base Rate + 0.5% as a target for our fund’s return because we aim to provide a return in excess of what you would receive in a UK savings account. This is an investment product, not a cash savings account. Your capital is at risk.

Income Details

Distribution yield : 3.90%
Underlying yield : 3.60%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 November 2024 1 February 2025 1 May 2025 1 August 2025
Payment date: 31 December 20244 31 March 20254 30 June 20254 30 September 20254

This data is provided by Broadridge. 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 August 2024.

Security Weight
EUROPEAN INV BK 0% 12/28 3.27%
ASI DEV 5.125% 24/10/2028 2.46%
KFW 0.75% 07/12/2027 2.37%
DNB BK 2.625% VRN 10/6/26 2.26%
KFW 4.875% 10/10/2028 2.24%
NEW YOR 4.95% 07/12/2029 2.20%
BAN OF 5.125% 10/10/2028 2.18%
MOTABILITY OPE 1.75% 7/29 2.14%
NAT MAR 6.375% 08/11/2027 2.13%
CLY BAN 3.75% 22/08/2028 2.11%
Sector Weight
Bonds 90.06%
Non-Classified 6.53%
Cash and Equiv. 3.41%
Country Weight
United Kingdom 26.38%
United States 14.38%
Luxembourg 7.83%
France 7.61%
Non-Classified 7.33%
Netherlands 5.78%
Germany 4.60%
Philippines 4.52%
Norway 3.56%
Cash and Equiv. 3.41%

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 9 October 2024. Data provided by Broadridge, correct as at 31 August 2024.

Broadridge
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 an ISA or a 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.