Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Santander Strategic Bond Class I - Income (GBP)

Sell:147.40p Buy:147.40p Change: 0.1p (0.07%)
Prices as at 5 December 2019
Sell:147.40p
Buy:147.40p
Change: 0.1p (0.07%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 5 December 2019
Sell:147.40p
Buy:147.40p
Change: 0.1p (0.07%)
Prices as at 5 December 2019
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.
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): 0.68%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.68%
There are other unit types of this fund available:
Class I - Accumulation (GBP) (Net ongoing charge 0.68%)

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: 3 July 2009
Sector: GBP Strategic Bond
Fund size: £19 million
Number of holdings: 93
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: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Ready to invest?

To invest in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account. Try our handy filter and find out which suits you best.

Compare accounts

Performance

05/12/14 to 05/12/15 05/12/15 to 05/12/16 05/12/16 to 05/12/17 05/12/17 to 05/12/18 05/12/18 to 05/12/19
Annual return 3.38% 3.45% 6.86% -3.31% 8.01%

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 50 is the 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 Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

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 or governments 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 may use derivatives for efficient portfolio management and investment purposes.

Income Details

Distribution yield : 2.55%
Underlying yield : 1.87%
Income paid: Quarterly
Type of payment: Dividend
Ex-dividend date: 16 December 2019 17 March 2020 16 June 2020 16 September 2020
Payment date: 15 February 20204 15 May 20204 15 August 20204 15 November 20204

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 October 2019.

Security Weight
iShares Euro High Yield Corporate Bond UCITS ETF 4.97%
TESCO PRO FIN 7.6227 13/07/39 (GBP) SINK 3.44%
WELLS FARGO 2.00 28/07/25 (GBP) 3.27%
TIME WARNER CABLE 5.75 02/06/31 (GBP) 2.54%
GOLDMAN SACHS GROUP 4.25 29/01/26 (GBP) 2.44%
IMPERIAL TOBACCO FINANCE 5.50 28/09/26 2.27%
BAT CAPITAL CORP 2.125 15/08/25 (GBP) 2.27%
ALTRIA GROUP INC 2.2 15/06/27(EUR) 2.06%
WALGREENS BOOTS ALLIANCE 3.60 20/11/25 1.80%
GLENCORE FINANCE EUROPE 3.125 26/03/26( 1.75%
Sector Weight
Bonds 95.29%
Cash and Equiv. 4.70%
Managed Funds 0.01%
Non-Classified 0.01%
Country Weight
United Kingdom 45.58%
United States 28.16%
France 5.51%
Cash and Equiv. 4.70%
Luxembourg 4.58%
Netherlands 3.11%
Non-Classified 2.70%
Spain 1.26%
Belgium 0.83%
Switzerland 0.81%

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 5 December 2019. Data provided by Funds Library, correct as at 31 October 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.