Absolute Return Bond Fund
Unit-Linked Life Insurance
Absolute Return Bond Fund
Fund codeYAAF
Fund codeYAAF
Fund aim
Fund characteristics
Fund facts
Fund size | £1,351.6m |
Base currency | GBP |
Domicile | United Kingdom |
Share class launch | 12/09/12 |
Modified duration | 0.83 years |
Benchmark
ICE BofA SONIA 3-Month Constant Maturity Total Return Index
Performance
Please note that with effect from 30th September 2021 the benchmark provider amended the name of the benchmark from the ICE BofA Sterling 3-Month Deposit Offered Rate Constant Maturity Index to the ICE BofA SONIA 3-Month Constant Maturity Total Return Index. The benchmark displayed in the tables opposite is a composite of the previous index and the current index which have been chain linked for reporting purposes.
Please note that with effect from 30th September 2021 the benchmark provider amended the name of the benchmark from the ICE BofA Sterling 3-Month Deposit Offered Rate Constant Maturity Index to the ICE BofA SONIA 3-Month Constant Maturity Total Return Index. The benchmark displayed in the tables opposite is a composite of the previous index and the current index which have been chain linked for reporting purposes.
Portfolio breakdown
As at 31 Dec 2023
Top 10 issuers | 23.6% |
---|---|
Rest of portfolio | 76.4% |
No. of issuers | 542 |
---|
Top 10 issuers (%)
United Kingdom | 7.6 |
Volkswagen | 2.5 |
UBS Group | 2.3 |
Banco Santander | 2.3 |
JPMorgan Chase & Co | 1.8 |
Harley-Davidson | 1.5 |
Nissan Motor Co | 1.5 |
Lloyds Banking Group | 1.4 |
Credit Agricole Group | 1.4 |
United States of America | 1.4 |
Sector (%)
Banks | 26.7 |
ABS | 12.7 |
Sovereign | 11.3 |
Consumer Goods | 9.8 |
Cash and Equivalents | 7.4 |
Unknown | 5.5 |
Financial Services | 4.8 |
Insurance | 3.9 |
Utilities | 2.9 |
Industrials | 2.8 |
Real Estate | 2.6 |
Consumer Services | 2.5 |
Oil & Gas | 1.8 |
Covered | 1.8 |
Other | 3.3 |
Top 10 issuers | 23.6% |
---|---|
Rest of portfolio | 76.4% |
No. of issuers | 542 |
---|
Top 10 issuers (%)
United Kingdom | 7.6 |
Volkswagen | 2.5 |
UBS Group | 2.3 |
Banco Santander | 2.3 |
JPMorgan Chase & Co | 1.8 |
Harley-Davidson | 1.5 |
Nissan Motor Co | 1.5 |
Lloyds Banking Group | 1.4 |
Credit Agricole Group | 1.4 |
United States of America | 1.4 |
Sector (%)
Banks | 26.7 |
ABS | 12.7 |
Sovereign | 11.3 |
Consumer Goods | 9.8 |
Cash and Equivalents | 7.4 |
Unknown | 5.5 |
Financial Services | 4.8 |
Insurance | 3.9 |
Utilities | 2.9 |
Industrials | 2.8 |
Real Estate | 2.6 |
Consumer Services | 2.5 |
Oil & Gas | 1.8 |
Covered | 1.8 |
Other | 3.3 |
Credit rating (%)
AAA | 10 | |
AA | 17.1 | |
A | 26 | |
BBB | 30.4 | |
BB | 8.5 | |
B | 1.1 | |
CCC | 0.1 | |
NR | -0.6 | |
Cash | 7.4 | |
Other | 0 |
Currency (%)
USD | 56.5 |
GBP | 25.7 |
EUR | 17.3 |
Country (%)
United States | 38.3 |
United Kingdom | 19.0 |
France | 8.1 |
Germany | 4.1 |
Canada | 3.6 |
Spain | 3.6 |
Japan | 3.3 |
Italy | 2.5 |
Switzerland | 2.4 |
Other | 15.1 |
All data source LGIM unless otherwise stated. Totals may not sum due to rounding.
Literature
Document type
Prices
Units can be purchased, sold or switched on a designated dealing day. This fund is offered on a weekly close or daily close basis. Further information is available in the relevant operational procedures sheet and the Description of Funds.
Download full price history
Download full price history
Download full price history
Download full price history