Standard Life Ethical Corporate Bond Accumulation
Also available as income units
Overview
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.00% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.12% |
| Launch date | 02-11-2005 |
| Launch price | £0.50 |
| Sector | GBP Corporate Bond |
| Fund size | £75 million |
| Number of holdings | 69 |
| Fund type | OEIC |
| Type of units | Accumulation |
| Performance charges | No |
Ways to Invest
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About the Fund Manager
Alasdair MacLean
Located in: Edinburgh
Alasdair joined Standard Life Investments in March 2003 as a European credit analyst, he currently also manages the Select Income Fund and is joint manager of the Higher Income Fund. Prior to joining Standard Life Investments he worked for Citibank, looking at local currency fixed income in Russia and other Emerging Markets, and for DLJ's in their High Yield Research team.
Alasdair fulfilled a similar role as a Director of High Yield Research at CIBC World Markets, where he was also involved in the marketing of new issues to fund managers across Europe.
Income details
| Distribution yield | 4.62% |
|---|---|
| Underlying yield | 5.80% |
| Income paid | Quarterly |
| Type of payment | Interest |
| Yield calculation basis | Effective |
| Charges deducted from | Income |
All yields are variable and not guaranteed. The information is correct as at 30-04-2009.
Distribution dates
| Ex-dividend date | 31 January 2009 |
|---|---|
| Payment date ³ | 31 March 2009 |
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Top 10 holdings
| Kreditanstalt fuer Wiederaufbau KFW 5 3/8 01/29/14 | 11.60% |
|---|---|
| European Investment Bank 4.75% 2018 | 6.94% |
| Kreditanstalt fuer Wiederaufbau KFW 5 06/09/36 | 4.76% |
| European Investment Bank EIB 5 5/8 06/07/32 | 4.48% |
| European Investment Bank 4.5% BDS 14/1/13 GBP 1000 | 4.23% |
| European Investment Bank EIB 5 04/15/39 | 4.15% |
| Kreditanstalt fuer Wiederaufbau KFW 5 1/4 01/12/12 | 2.87% |
| Safeway Ltd MRWLN 6 1/8 12/17/18 | 2.82% |
| United Utilities Water PLC UU 5 1/4 01/22/10 | 2.29% |
| Kreditanstalt fuer Wiederaufbau KFW 5 5/8 08/25/17 | 2.24% |
Top 10 sectors
| Bonds | 90.99% |
|---|---|
| Cash and Equiv. | 9.01% |
Top 10 countries
| United Kingdom | 33.04% |
|---|---|
| Luxembourg | 21.72% |
| Germany | 21.47% |
| Cash and Equiv. | 9.01% |
| Netherlands | 5.17% |
| France | 3.18% |
| United States | 3.00% |
| Italy | 1.93% |
| Denmark | 0.64% |
| Ireland | 0.52% |
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.
