Aegon Investment Grade Bond Fund Income
Also available as accumulation units
At a glance
| Initial charge | 4.25% |
|---|---|
| Initial saving | 4.25% |
| Annual charge | 1.25% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.38% |
| Launch date | 01-06-2006 |
| Launch price | £1.00 |
| Sector | GBP Corporate Bond |
| Fund size | £73 million |
| Number of holdings | 104 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
The impact of the credit crunch has been felt across bond markets and the fund’s exposure to financial bonds, albeit the stronger names, has been a drag on performance. The fund had no exposure to the insurer AIG, preferring the bonds of companies like Lloyds TSB and Credit Agricole. David Roberts believes that while risks remain, a significant amount of bad news is already priced into bonds.
Full research
About the Fund Manager
David Roberts
Located in: Edinburgh
David Roberts joined AEGON Asset Management in March 2004. David manages the Sterling Corporate Bond and Global Bond portfolios. He joined AEGON from Britannic Asset Management, where he was head of credit and manager of the Britannic Corporate Bond and High Income Bond funds. David holds a degree in economics and an MSc in investment analysis. He is also a qualified member of the Institute of Bankers, an Associate of the UK Society of Investment Professionals and he is AA-rated by Citywire.
Income details
| Distribution yield | 5.33% |
|---|---|
| Underlying yield | 5.19% |
| Income paid | Quarterly |
| Type of payment | Interest |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 February 2008 |
|---|---|
| Payment date ³ | 31 March 2008 |
1 of 5 
Top 10 holdings
| 4¼% Treasury Gilt 2046 | 3.31% |
|---|---|
| 5% Treasury Gilt 2018 | 2.37% |
| Lloyds Tsb Bank 6.9625 29/05/2020 Emtn | 2.00% |
| Imperial Tobacco 7.25 15/09/2014 | 1.86% |
| Credit Agricole 7.589 30/01/2020 Perp | 1.84% |
| Ubs Ag Stanford 5.875 20/12/2017series Dpnt | 1.81% |
| Nationwide Bldg Society 6.024 06/02/13 | 1.70% |
| Firstgroup Plc 8.125% 19/09/2018 | 1.65% |
| Fmg Finance 9.75 01/09/2013 Regs | 1.60% |
| Wachovia Bk Noca 6 23/05/2013 | 1.57% |
Top 10 sectors
| Bonds | 88.69% |
|---|---|
| Cash and Equiv. | 8.25% |
| Non-Classified | 3.06% |
Top 10 countries
| United Kingdom | 51.48% |
|---|---|
| United States | 18.60% |
| Cash and Equiv. | 8.25% |
| Australia | 3.85% |
| Luxembourg | 3.29% |
| Ireland | 3.01% |
| Italy | 2.89% |
| France | 1.84% |
| Canada | 1.31% |
| Israel | 1.18% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or 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.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
