Rathbone Strategic Bond Inst Acc

Buy Price (as of 21/09/2018) £1.4327  Sell Price (as of 21/09/2018) £1.4268   Day Change :  0.03%     Fund Code:  RASBA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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David Coombs is head of multi-asset investments at Rathbone Unit Trust Management, and joined Rathbones in April 2007. He is a member of the Strategic Asset Allocation Committee, Alternative Asset Committee and Managed Fund Selection Committee. He previously worked at Barings for almost 20 years where he established their absolute return investment process in the mid-90s. More recently he managed Barings range of multi asset funds. In addition he was responsible for a small number of segregated multi asset portfolios for institutional pension funds, charitable trusts, captive insurance companies and private clients based internationally. He joined Barings in 1988 from Hambros, where he managed multi asset portfolios for private clients. He is an Associate of the Chartered Instituteof Financial Services.


Bryn joined Rathbones in November 2004. He is co-manager of the Rathbone Ethical Bond Fund. Prior to joining Rathbones, he was Portfolio Manager (Assistant Vice President) Fixed Income at Merrill Lynch Investment Managers. He has over 10 years investment industry experience in equity and fixed income markets and has a BA Honours in Geography. Bryn holds the Investment Management Certificate. He holds the IAQ Merit Award and the IAQ Introduction to Securities and Investments examination. As a footballer, he has represented London Banks against the Marines in the Southern Amateur League, and has played hockey in National Division two.
Investment HouseRathbones
Fund ProviderRathbone Unit Trust Management Limited
ManagerDavid Coombs   Biography
ManagerBryn Jones   Biography

Fund Objective The funds objective is to offer a total return that includes above average income plus the potential for growth of your investment over the medium to long term. Under normal circumstances, the fund invests mainly in fixed interest bonds and other bonds issued by government bodies, corporate bodies or other entities, and in bond instruments. The fund may invest in these securities directly or by investing in other collective investment schemes (funds, such as unit trusts, UCITS and OEICs). The funds bond investments are either denominated in Sterling or hedged back to Sterling. The fund may also invest in other securities permitted by UCITS regulations. The fund may use investment techniques for efficient portfolio management, and may use derivatives as an asset class. The fund is managed at the fund managers discretion without reference to any benchmark. The manager uses its own analysis to determine an overall allocation among different types of bonds and to identify those individual bonds that have the potential to offer the best overall combination of price, risk and yield.

Key Statistics

Fund Status
12-Month NAV High -
12-Month NAV Low -
Fund Comparative Index -
Morningstar CategoryTMGlobal Flexible Bond - GBP Hedged
Dividend FrequencyQuarterly
Distribution Yield2.40%
Underlying Yield1.60%

Annual Charges

Morningstar ratings

 as of  31/08/2018
Overall4 star
3 Years5 star
5 Years4 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  21/09/2018

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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