Cazenove Strategic Bond Class B Accumulation
Also available as income units
Overview
| Initial charge | 5.00% |
|---|---|
| Initial saving | 5.00% |
| Annual charge | 1.00% |
| Annual saving | 0.000% ² |
| Performance charges | No |
| Total Expense Ratio | 1.10% |
| Launch date | 04-04-2006 |
| Launch price | £1.00 |
| Sector | GBP Strategic Bond |
| Fund size | £488 million |
| Number of holdings | 162 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus in addition to the information above.
Ways to Invest
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About the Fund Manager
Peter Harvey
Located in: London UK
PETER HARVEY joined Cazenove Capital in 2005. He is Head of Credit with specific responsibility for credit strategy and he is manager of the Cazenove Strategic Bond Fund, the Cazenove UK Corporate Bond Fund (onshore) and the Cazenove GBP Bond Fund (offshore). Peter joined from F&C Management Ltd where he had been Head of UK Credit. Over the five years to December 2004, Peter was ranked in the top decile of Standard & Poor's UK Corporate Bond league table. During his eleven years at F&C, Peter also ran funds covering emerging market corporate bonds, high yield and distressed debt. Before joining F&C, Peter spent three years with Lloyds Bank Capital Markets Group. He graduated with a 2.1 degree from the University of St Andrews and speaks Spanish fluently. Peter is a Director of Cazenove Capital and has 16 years of experience analysing and investing in corporate debt.
Income details
| Distribution yield | 6.20% |
|---|---|
| Underlying yield | 5.22% |
| Income paid | Bi-annually |
| Type of payment | Interest |
| Yield calculation basis | Effective |
| Charges deducted from | Capital |
All yields are variable and not guaranteed. Information as at 31-05-2010.
Distribution dates
| Ex-dividend date | 30 June 2010 |
|---|---|
| Payment date ³ | 31 August 2010 |
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Top 10 holdings
| 3I GROUP 3.625% CNV BDS 29/05/11 GBP | 1.92% |
|---|---|
| RSA Insurance Group 8.5% Cum Step Up Perp Notes GBP | 1.70% |
| INFINIS PLC 9.125% SNR 15/12/14 GBP'REG | 1.59% |
| Allied Domecq Financial Services 6.625% Notes 18.04.11 | 1.54% |
| IMPRESS HOLDGS BV FRN GTD SNR 09/13 EUR'REGS | 1.49% |
| HENDERSON GROUP 6.5% BDS 02/05/2012 GBP1000 | 1.48% |
| PETROLEOS MEXICANO 8.25% GTD MTN 02/06/22 GBP | 1.45% |
| CITIGROUP INC FR SNR EMTN 01/2012 GBP1000 | 1.38% |
| BOMBARDIER INC FRN SNR 11/13 EUR 'REGS' | 1.31% |
| F&C FINANCE PLC 9% GTD 20/12/2016 GBP50000 | 1.31% |
Top 10 sectors
| Bonds | 78.31% |
|---|---|
| Non-Classified | 16.24% |
| Cash and Equiv. | 5.37% |
| Pharmaceuticals & Biotechnology | 0.04% |
| Aerospace & Defence | 0.02% |
| Fixed Line Telecommunications | 0.01% |
Top 10 countries
| United Kingdom | 38.15% |
|---|---|
| Non-Classified | 20.27% |
| United States | 7.06% |
| Netherlands | 6.85% |
| Cash and Equiv. | 5.37% |
| France | 4.28% |
| Germany | 3.14% |
| Canada | 2.97% |
| Ireland | 2.60% |
| Luxembourg | 2.30% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
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.
Prices as at 30-07-2010. Data as at 31/03/2010.
