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Santander Corporate Bond Class I - Income (Gross GBP)

Sell:151.30p Buy:151.30p Change: No change
Prices as at 25 November 2021
Sell:151.30p
Buy:151.30p
Change: No change
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 November 2021
Sell:151.30p
Buy:151.30p
Change: No change
Prices as at 25 November 2021
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%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.48%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.48%
There are other unit types of this fund available:
Class I - Accumulation (Gross GBP) (Net ongoing charge 0.48%)

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: 272
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

26/11/16 to 26/11/17 26/11/17 to 26/11/18 26/11/18 to 26/11/19 26/11/19 to 26/11/20 26/11/20 to 26/11/21
Annual return 4.90% -2.21% 10.51% 6.60% -0.63%

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 (to grow the value of your investment) and income over a 5+ year time horizon. The Fund will aim to outperform (after the deduction of fees) the following Target Benchmark measured over a rolling 3 year time period: iBoxx Sterling Non Gilts Overall TR. It is expected that average outperformance for the Fund will typically not be greater than 0.25% per annum (after the deduction of fees) in excess of the Target Benchmark over a rolling 3 year period, although no level of outperformance is guaranteed.

Income Details

Distribution yield : 2.18%
Underlying yield : 1.70%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 21 October 2021 21 January 2022 21 April 2022 21 July 2022
Payment date: 20 December 20214 20 March 20224 20 June 20224 20 September 20224

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: date unavailable.

Security Weight
1¾% Treasury Gilt 2037 2.12%
EUROPEAN INVESTMENT BANK 0.75 22/07/27 ( 1.97%
0 7/8% Green Gilt 2033 1.41%
WESTERN POWER DISTRIBUTI 3.625 06/11/23 1.26%
INNOGY FINANCE BV 6,25 03/06/30 1.19%
BARCLAYS PLC 3 08/05/26 (GBP) 1.15%
4¼% Treasury Stock 2032 1.11%
BANK OF AMERICA CORP FRN 02/06/29 (GBP) 1.09%
GOLDMAN SACHS GROUP INC/THE FRN 12/25 1.08%
0 5/8% Treasury Gilt 2050 1.08%
Sector Weight
Bonds 96.87%
Cash and Equiv. 2.75%
Non-Classified 0.38%
Country Weight
United Kingdom 55.72%
United States 12.30%
France 7.60%
Netherlands 6.83%
Luxembourg 3.41%
Cash and Equiv. 2.75%
Germany 2.39%
Non-Classified 2.25%
Spain 1.45%
Switzerland 1.27%

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 November 2021. Data provided by Funds Library, correct as at 30 September 2021.

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.