https://prodaegonamjsonfiles.blob.core.windows.net/jsonfiles/

Strategic Bond Fund

A sub fund of Aegon Asset Management UK ICVC

ISIN: GB00B3ZLQW29 SEDOL: B3ZLQW2

Add to watchlist

All Documents

Fund Price

Fund description

The Aegon Strategic Bond Fund is an unconstrained, flexible portfolio that consists of a dynamic blend of the fixed income universe. It is constructed to deliver superior risk adjusted total returns through the cycle, and above the IA £ Strategic Bond sector median. The fund delivers returns from a combination of targeted market beta (both interest rate and credit) and a diverse range of attractive alpha ideas.

Key performance drivers

Our strategic bond funds are portfolios of our best ideas from a diverse range of alpha sources.  The portfolio managers also have the ability to overlay the alpha positioning with tactical, targeted beta positioning through the use of derivatives.

  • Duration and yield curve ideas - Outright duration positioning, Cross G7 market selection, Curve steepeners or flatteners, real yields vs nominal.
  • Asset allocation and credit risk positioning - Government vs IG vs HY vs EM, Political preferences e.g. Italy, France, UK, Identifying themes e.g. oil disruption and tariffs.
  • Sector and security selection - Financial vs corporates and senior vs subordinated debt, Sector choices e.g. consumer staples, retail, utilities, Cash-flow focus, asset recourse, sector winners

Distinguishing characteristics

  • Truly flexible solution - Our strategic bond funds are diversified, flexible solutions that provide broad exposure to fixed income markets. With such a substantial opportunity set, it is vital for our team to use the flexibilities available to them to actively navigate the market. Having identified six ways to make money covering fixed income markets, we adapt the portfolio to benefit from each of these alpha sources across the market cycle.
  • Extensive resource – As part of a 140-strong fixed income platform, our Strategic bond team are able to tap into a vast set of insights spanning across the fixed income universe. Our team is deeply resourced, expanding idea generation and gives us greater conviction in our bottom-up ideas.
  • Risk focus - The key differentiator relative to many of our peers, rests in our unwavering focus on delivering alpha dominated risk-adjusted returns above purely allocating market beta. We invest in liquid fixed income instruments, not muddying the water with FX risk, equity risk or private placements. Investors are exposed to only fixed income risks and returns.

Fund details

Fund managers

Alexander Pelteshki, CFA

Alexander Pelteshki, CFA

Portfolio Manager

Alexander Pelteshki, portfolio manager, is a member of the multi-sector portfolio management team.

Full profile
Colin Finlayson, CFA

Colin Finlayson, CFA

Portfolio Manager

Colin Finlayson, portfolio manager, is a member of the global rates and multi-sector portfolio management teams.

Full profile

Disclaimer

Past performance is not a guide to future performance. The fund is intended to be a long term investment and the principal risk is the loss of capital.

 

The value of investments and the income from them may go down as well as up and is not guaranteed. Outcomes, including the payment of income, are not guaranteed.


Any investment objective, benchmark and yield information should not be considered as an assurance or guarantee of the performance of the fund or any part of it.


Fund Charges are taken from capital, increasing distributions but constraining capital growth. Please be aware that each fund presents its own risk profile. Before making an investment decision, please read the KIID for an explanation and refer to the prospectus for information about all relevant risks, including all material risks for this fund.


Aegon Asset Management is not responsible for the accuracy or completeness of the information supplied by Lipper. Aegon Asset Management neither warrants, represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein.