Part of our Foundation Fundlist Threadneedle UK Social Bond INI GBP

SEDOL: BF233F7 | ISIN: GB00BF233F75 | MEX: ADAAFS | CITI: JTYP

  • Buy 109.55 GBX

  • Sell 109.55 GBX

  • Price Change -0.10030%

Past Performance

  • 15th Dec 2013 to 15th Dec 20149.73%
  • 15th Dec 2014 to 15th Dec 20151.59%
  • 15th Dec 2015 to 15th Dec 20166.57%
  • 15th Dec 2016 to 15th Dec 20175.35%
  • 15th Dec 2017 to 15th Dec 2018-0.10%

Objectives and Approach

The aim of the Fund is to provide both income and the potential to grow the amount you invested. The Fund’s investments aim to support socially beneficial activities and developments. At least two-thirds of the assets of the Fund will be in bonds that are issued in the UK. The Fund invests in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies, governments, voluntary organisations and/or charities that engage in socially beneficial activities and development. Investments are assessed by the fund manager by reference to a social assessment methodology developed by Big Issue Invest and the Management Company. This assessment is reviewed at least quarterly by an advisory committee with two-thirds of its members being nominated by Big Issue Invest. The Fund may also invest in asset classes and instruments different from those stated above.

Key Information

Inception 4th Dec 2013
Yield 2.6000%
Sector IA Sterling Corporate Bond
Fund Size £104.512mn
Fund Type OEIC
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
0.38%
Initial Charge 0%
AMC 0.30%

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Performance

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        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          -0.17% -0.06% 0.21% -0.10% 12.15% 25.03%

          Important Information
          Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertanly become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

          The graphs shown are supplied by an external data provider and may contain data that appears to preced the introduction of the clean unit class for this fund. In such cases, historial data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



        Composition

        Important Documents


        The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

        Fund Provider Factsheet
        The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
        FUND PROVIDER FACTSHEET
        195,174 bytes PDF Document; last updated 31 Oct 2018
        Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
        KEY INVESTOR INFORMATION DOCUMENT
        116,312 bytes PDF Document; last updated 12 Jan 2018
        Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
        ANNUAL REPORT
        900,694 bytes PDF Document; last updated 25 May 2018
        Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
        SEMI-ANNUAL REPORT
        649,575 bytes PDF Document; last updated 25 Nov 2017
        Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
        PROSPECTUS
        705,043 bytes PDF Document; last updated 22 Dec 2017

        Management Team

        Simon Bond has managed this fund for 5 years .

        Simon Bond Simon Bond joined the company in 2003 and has been the portfolio manager of the Threadneedle UK Social Bond Fund since its launch in 2013, as well as the Threadneedle (Lux) European Social Bond Fund launched in 2017. Having previously managed a number of institutional and retail investment grade corporate bond portfolios, Simon now concentrates his focus on managing Columbia Threadneedle’s social bond portfolios and developing other responsible investment strategies across the firm.Simon has 31 years’ experience in the fund management industry, with the last 26 years specialising in corporate credit. Throughout his career, Simon has taken a keen interest in the social investment space and as an analyst the first entity Simon reported on was Peabody Trust and the first sector he covered was housing associations. Simon is particularly passionate about the role of infrastructure in both regeneration and economic growth.Prior to joining the firm, Simon managed £6 billion in his role as the Senior UK Credit Fund Manager for AXA. Simon also worked for GE Insurance as a Portfolio Manager, Provident Mutual as a Fixed Income Analyst and Hambros Bank as an Investment Accountant and Pension Fund Investment Administrator.Simon is a Fellow of the Chartered Institute for Securities and Investment, holds the Investment Management Certificate and the General Registered Representatives Certificate.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Simon

        Name of Security Sole/Co Managed Since
        Threadneedle UK Scl Bd Sole Dec 2013
        Threadneedle UK Scl Bd Sole Dec 2013
        • This fund represents a significant innovation in ethical fixed in...

          8th Nov 2018 READ MORE
        • To meet growing demand we are pleased to add a selection of ethic...

          7th Nov 2018 READ MORE
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