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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SWIP Absolute Return Bond Fund factsheet
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SWIP UK OEIC application form
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SWIP UK OEIC simplified prospectus
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Fund price

Date
Share class
Price
Today’s change
% Change
03.07.2009
A (Acc)
106.60
0.00
0
03.07.2009
A (Inc)
97.17
0.00
0

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

Fund performance (calendar years)

 Fund return/
benchmark
2009* 2008# 2007 2006 2005
Fund return (%) 1.25 -4.58 n/a n/a n/a
Benchmark (%) 0.75 1.80 n/a n/a n/a
Quartile 3 3 n/a 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 Stuart Steven
Fund size £79.3m
Base currency GBP
Benchmark 3 month LIBOR
IMA sector Absolute Return
Valuation point 12:00 noon
SWIP code HSABF-IFA
ISIN code A Acc - GB00B1265743
A Inc  - GB00B1265859
SEDOL code A Acc - B126574
A Inc  - B126585
Bloomberg code A Acc - SWABRAA LN
Network Rail 5.125% 2010 9.6%
Rabobank 1% 2009 7.6%
Nationwide 0.36% 2009 7.6%
Royal Bank of Scotland 6.35% 2009 6.7%
Banco Bilbao 1.1% 2009 5.1%
Northern Rock 1.7% 2009 4.4%
Citigroup FRN 2011 3.6%
GE Capital FRN 2012  3.3%
Treasury 4.75% 2038 3.2%
Perm Master FRN 2033 3.1%

Source: SWIP

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

 All data as at 31 May 2009 unless otherwise stated



 



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Compliance

Important Compliance Information for retail clients


Important Compliance Information for retail clients

Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorised for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

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On accessing the SWIP website, you are aware of the following investment risks applicable to all SWIP funds:

  • Past performance is no guarantee of future performance.
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This site is operated and issued by Scottish Widows Investment Partnership Limited, Company No. 794936. Registered Office in the United Kingdom at 10 Fleet Place, London, EC4M 7RH. Tel: 0131 655 8500. Scottish Widows Investment Partnership Limited is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 www.fsa.gov.uk.

How to invest

For more information on how to invest in our funds either:

Scottish Widows Investment Partnership Limited (SWIP) is registered in England and Wales, Company No. 794936. Registered Office is at 10 Fleet Place, London EC4M 7RH. Tel: 0131 655 8500.
SWIP is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 (www.fsa.gov.uk).