Threadneedle Absolute Return Bond Net Retail Accumulation
At a glance
| Initial charge | 0.00% |
|---|---|
| Initial saving | 0.00% |
| Annual charge | 1.25% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.40% |
| Launch date | 24-10-2005 |
| Launch price | £0.50 |
| Sector | Absolute Return |
| Fund size | £75 million |
| Number of holdings | 57 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
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About the Fund Manager
Quentin Fitzsimmons
Located in: London
In 1991 Quentin Fitzsimmons joined Sun Life Assurance Company of Canada and progressed to senior investment analyst, moving to the Equitable Life Assurance Society in 1994 as senior portfolio manager. He then joined F&C (formerly Foreign & Colonial) Investment Management Ltd in 1999 and became director of fixed interest (UK bonds) before joining Threadneedle in September 2003 as Head of Government Bonds. Quentin is responsible for managing a variety of institutional fixed income portfolios managed for third party clients. He is also Co-Fund Manager for the Threadneedle Absolute Return Bond Fund and the Threadneedle Target Return Fund and is Deputy Fund Manager for the Threadneedle Sterling Bond Fund. Quentin graduated in 1989 from the University of Bristol with a BSc in Economics and Economic History.
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Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| 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 May 2008 |
|---|---|
| Payment date ³ | 30 June 2008 |
Top 10 holdings
| 2½% Index-linked Treasury Stock 2011 | 8.69% |
|---|---|
| TII 3 7/8 01/15/09 | 7.06% |
| 2½% Index-linked Treasury Stock 2009 | 6.52% |
| NIB 5 3/4 11/06/08 | 4.95% |
| European Investment Bank 6.25% 2008 | 4.25% |
| Bank Nederlandse Gemeenten 4.625% BDS 07/12/08 GBP1000 | 4.19% |
| TOYOTA 4 12/11/08 | 3.94% |
| KFW 4 3/4 12/07/10 | 3.55% |
| BATSLN 6 1/2 11/13/08 | 3.20% |
| BMW 4 5/8 11/28/08 | 3.06% |
Top 10 sectors
| Bonds | 101.77% |
|---|---|
| Non-Classified | 1.93% |
| Cash and Equiv. | -3.70% |
Top 10 countries
| United Kingdom | 33.81% |
|---|---|
| United States | 15.29% |
| Netherlands | 11.19% |
| Luxembourg | 10.67% |
| Ireland | 7.98% |
| Germany | 6.33% |
| Finland | 4.95% |
| Canada | 3.20% |
| France | 2.76% |
| Belgium | 2.07% |
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.
As well as investing in shares and other assets, absolute return funds can also use derivatives to take short positions in companies. Therefore the returns depend primarily on the manager’s stock picking skills, not solely on the price of their holdings rising, and the standard analysis of the underlying investments is not applicable.
Last valuation as at 28-11-2008. Data accurate as at 31/10/2008.
