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Santander Corporate Bond Class I - Accumulation (Gross GBP)

Sell:184.00p Buy:184.00p Change: 0.20p (0.11%)
Prices as at 23 September 2020
Sell:184.00p
Buy:184.00p
Change: 0.20p (0.11%)
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 23 September 2020
Sell:184.00p
Buy:184.00p
Change: 0.20p (0.11%)
Prices as at 23 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: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.49%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.49%
There are other unit types of this fund available:
Class I - Income (Gross GBP) (Net ongoing charge 0.49%)

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:
Robert McElvanney
Fund launch date: 30 October 2012
Sector: GBP Corporate Bond
Fund size: £449 million
Number of holdings: 274
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

23/09/15 to 23/09/16 23/09/16 to 23/09/17 23/09/17 to 23/09/18 23/09/18 to 23/09/19 23/09/19 to 23/09/20
Annual return 12.81% -0.68% -0.25% 8.85% 5.44%

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

The Fund's objective is to provide a combination of capital growth and income, over a 5+ year time horizon. The Fund aims to achieve its objective by investing at least 80% in a wide range of bonds issued by companies and denominated in or Hedged to UK Pounds Sterling. To obtain exposure to these assets the Fund will invest directly, although it may also invest indirectly by purchasing units in other funds. The Fund is managed with reference to a Constraint Benchmark. The Fund may use derivatives for efficient portfolio management and investment purposes.

Income Details

Distribution yield : 2.33%
Underlying yield : 1.84%
Income paid: Quarterly
Type of payment: Dividend
Ex-dividend date: 21 October 2020 21 January 2021 21 April 2021 21 July 2021
Payment date: 20 December 20204 20 March 20214 20 June 20214 20 September 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 August 2020.

Security Weight
EUROPEAN INVESTMENT BANK 0.75 22/07/27 ( 2.02%
4 1/2 Treasury 2034 1.85%
1¾% Treasury Gilt 2037 1.35%
4½% Treasury Gilt 2042 1.31%
WESTERN POWER DISTRIBUTI 3.625 06/11/23 1.27%
INNOGY FINANCE BV 6,25 03/06/30 1.25%
4¼% Treasury Gilt 2046 1.23%
LVMH MOET HENNESSY VUITT 1 11/02/23(GBP) 1.18%
SSE PLC 8.375 20/1/28 1.16%
4¼% Treasury Stock 2036 1.15%
Sector Weight
Bonds 98.55%
Cash and Equiv. 1.45%
Country Weight
United Kingdom 61.85%
United States 9.25%
France 7.40%
Netherlands 7.07%
Luxembourg 3.46%
Non-Classified 2.33%
Cash and Equiv. 1.45%
Spain 1.36%
Germany 1.32%
Ireland 1.13%

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 23 September 2020. Data provided by Funds Library, correct as at 31 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.