Rathbone Ethical Bond Accumulation
Also available as income units
Overview
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.25% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 1.42% |
| Launch date | 01-05-2002 |
| Launch price | £1.00 |
| Sector | GBP Corporate Bond |
| Fund size | £35 million |
| Number of holdings | 103 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
| Performance charges | No |
Ways to Invest
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About the Fund Manager
Bryn Jones
Located in: London
Bryn joined Rathbones in November 2004. He is co-manager of the Rathbone Ethical Bond Fund alongside Julian Chillingworth.
Bryn has over 11 years of investment experience in both equity and fixed income markets, gained with organisations such as Robert Fleming Investment Management, Coutts & Co., and Schroder Investment Management. Immediately prior to joining Rathbones, he was Portfolio Manager (Assistant Vice President) - Fixed Income at Merrill Lynch Investment Managers. Latterly, this was within the private investors' division, managing a wide range of portfolios including institutional charity accounts; the Merrill Lynch Balanced and the Merrill Lynch Income portfolios; unauthorised unit trusts; and segregated private client portfolios.
Bryn has a BA Honours in Geography. He holds the Investment Management Certificate; the IAQ Merit Award; and has passed the IAQ Introduction to Securities and Investments examination.
A keen footballer, Bryn has represented London Banks against the Royal Marines, and has played hockey for Gravesend, Kent (national division two).
Income details
| Distribution yield | 7.90% |
|---|---|
| Income paid | Quarterly |
| Type of payment | Interest |
| Yield calculation basis | Effective |
| Charges deducted from | Capital |
All yields are variable and not guaranteed. The information is correct as at 31-05-2009.
Distribution dates
| Ex-dividend date | 01 February 2009 |
|---|---|
| Payment date ³ | 31 March 2009 |
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Top 10 holdings
| Fresh Finance FOR Residential Social Housing 11.126% 05oct58 | 3.17% |
|---|---|
| Telereal Securitisation 7.098% (FRN) 10dec33 | 2.81% |
| THFC 5.65% 30sep20 | 2.38% |
| Quadrant Housing 7.9% Step (4.94%) 10feb33 | 2.36% |
| Land Securities 4.875% 29sep25 | 2.21% |
| BUPA 6.125% 2020 | 2.17% |
| Amlin 6.5% 19dec26 | 2.14% |
| Co-Operative Bank 5.875% 18nov13 | 2.06% |
| DNB Nor Bank 4.875% 08feb11 | 1.92% |
| Rothschild Finance 9% 15feb24 | 1.85% |
Top 10 sectors
| Bonds | 93.05% |
|---|---|
| Non-Classified | 4.02% |
| Cash and Equiv. | 2.93% |
Top 10 countries
| United Kingdom | 73.54% |
|---|---|
| Australia | 4.67% |
| Norway | 3.33% |
| Non-Classified | 3.30% |
| Cash and Equiv. | 2.93% |
| Ireland | 2.62% |
| United States | 2.55% |
| Luxembourg | 1.97% |
| Sweden | 1.83% |
| Spain | 1.10% |
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 03-07-2009. Data accurate as at 31/05/2009.
