"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 & Richard Troue, Fund Managers
Why invest?
This is our solution for exposure to bonds. We combine our favourite bond fund managers in a single, diversified investment. We use a flexible approach to target a combination of capital growth and monthly income over the long term, but adopt a more defensive stance when we are cautious on the prospects for bond markets.
Currently, the portfolio combines a blend of funds from different areas of the market. Investment grade bond funds invest in higher quality bonds with lower risk of default but with lower yields. Higher risk bond funds generate more income, while strategic bond funds have greater flexibility in where they invest. Finally 'total return' funds offer the potential for some shelter in a tougher environment for bonds.
Important - 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. Once held in a SIPP money is not usually accessible until age 55 (rising to 57 in 2028). Relative risk ratings should not be used to compare these funds with other investments. Tax reliefs depend on individual circumstances.
At a glance
Investment goal
Income
Relative risk
Conservative
Invests in
94.0% Bonds
3.7% Cash
1.5% Other
0.7% Shares
Please note figures may not add up to 100% due to rounding
Yield
2.83%
Not a reliable indicator of future income.
Correct as at 31/03/2020
Charge
OCF/TER 1.25%
(plus up to 0.45% p.a. platform charge)
Price
Sell: 187.90 | Buy: 187.90
Correct as at 09/04/2020
Fund details
Performance
Past performance is not a guide to future returns. Source: Lipper IM, 02/02/09 - 31/01/20
Income generated from a £10,000 investment at launch.
Annual performance
| Fund name | Jan 15 - Jan 16 | Jan 16 - Jan 17 | Jan 17 - Jan 18 | Jan 18 - Jan 19 | Jan 19 - Jan 20 |
|---|---|---|---|---|---|
| HL Multi-Manager Strategic Bond | -2.51 % | 7.41 % | 4.64 % | -1.07 % | 7.95 % |
| IA £ Strategic Bond index | -2.93 % | 7.65 % | 4.65 % | -0.67 % | 8.66 % |
Source: Lipper IM, 31/01/20. Figures with income reinvested.
The HL Multi-Manager Funds are managed by our sister company Hargreaves Lansdown Fund Managers.
Fund breakdown
Please note figures may not add up to 100% due to rounding
Correct as at 31/01/20
Top 10 holdings
View the HL Multi-Manager Strategic Bond fund prospectus.