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Strategic bond

Our solution for exposure to bonds

Bond markets can be inefficient and a select group of fund managers can take advantage of the opportunities this presents. We seek these managers and blend them together in a single investment.

David Smith and Richard Troue, Fund Managers

Why invest?

The global bond market is enormous, meaning the choice for investors can be overwhelming. This fund lets you leave the fund manager selection to us. It could be used to diversify an income portfolio.

The fund aims to grow your money over the long term, while also giving you a monthly income along the way. It invests across UK and global bond markets in search of the best opportunities. It also has the flexibility to be more defensive if the managers are cautious on the prospects for bond markets.

The fund is a low to medium-risk option, though you should still plan to hold it for at least five years.

You’ll get a mix of:

  • High quality bonds issued by financially secure companies.
  • Higher yield bonds offering extra income but at a higher risk.
  • 'Total return' funds offering some shelter in a tougher environment for bonds.

Important information - The value of this fund and the income from it can still fall, so you could get back less than you invested, especially over the short term. If you are unsure of the suitability of any investment for your circumstances please contact us for advice. Tax rules can change and benefits depend on individual circumstances.

View factsheet

View the HL Multi-Manager Strategic Bond fund prospectus.

At a glance

Investment goal


Relative risk

Low to moderate

Invests in

95.8% Fixed Income

2.3% Cash

1.5% Other

0.4% Shares

Correct as at 30/04/2021



Not a reliable indicator of future income.

Correct as at 30/04/2022


OCF/TER 1.15%

(plus up to 0.45% p.a. platform charge)


Sell: 193.71 | Buy: 193.71

Correct as at 27/05/2022