SWIP Absolute Return Bond Fund

Fund objective

To achieve a positive capital return, over the long term, regardless of market conditions, through investment and disinvestment (directly and indirectly) in a portfolio predominantly consisting of fixed interest securities (including government and supernational bonds, corporate bonds, non-investment grade bonds and emerging markets debt), index-linked securities, money market instruments, cash, near cash, deposits, index linked securities and related derivative contracts.

Literature

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Document
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SWIP Absolute Return Bond Fund Factsheet
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SWIP Guide to Absolute Return Investing
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SWIP UK OEIC Application Form
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SWIP UK OEIC Full Prospectus
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SWIP UK OEIC Simplified Prospectus
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Fund price

Date
Share class
Price
Today’s change
% Change
02.09.2010
A (Acc)
110.90
-0.10
-0.09
02.09.2010
A (Inc)
100.10
-0.20
-0.20

Source: Financial Express. Net share class displayed unless otherwise stated.

Fund performance - calendar years (%)

2010 2009* 2008** 2007 2006
Fund 0.36 5.75 -4.58 n/a n/a
Sector average -0.17 9.00 -2.19 n/a n/a
Benchmark 2.15 4.27 2.81 n/a n/a
Quartile 2 3 3 n/a n/a

Source: Lipper, mid-mid basis, net of fees. Index, 3 Month LIBOR

Past performance is not a guide to future performance. *year to date. **Since inception figure (taken as 22/08/08)

Fund information

Fund launch date 30 June 2006*
Fund manager Neil Murray
Fund size £75.9m
Base currency GBP
Benchmark 3 month LIBOR + 3%
Sector IMA Absolute Return
Yield 0.8%
Valuation point 12:00
ISIN GB00B1265743
SEDOL B126574
Bloomberg SWABRAA LN
Gov & Co Bank of Ireland 0.8% 2010 12.5%
Deutsche Telekom 7.125% 2012 7.6%
United Kingdom Gilt 2019 6.6%
Treasury index-linked 2.5% 2010 6.0%
Royal Bank of Scotland 0.9% 2010 5.3%
Unicredito 0.66% 2010 5.3%
Citigroup FRN 2011 4.1%
GE Capital FRN 2012 3.9%
Lloyds TSB FRN 2016 3.3%
Japan Gov index-linked 1.2% 2017 3.3%

Source: SWIP

*The Fund was re-launched on 22 August 2008 with a revised investment objective and policy.

All data as at 31 July 2010 unless otherwise stated

The value of your investment can go down as well as up and investors may not get back the full amount invested.

The Fund may have holdings which are denominated in different currencies and may be affected by movements in exchange rates.  Consequently, the value of the investment may rise or fall in line with the exchange rates.

Further details of the specific risks relating to investment in a Fund can be found in the relevant Simplified Prospectus or Full Prospectus.



 



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