Morningstar Fund Report  | 07/04/2025Print

Aegon Investment Grade Bond Fund GBP B Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Aegon Investment Grade Bond Fund GBP B Acc
Fund-1.3-17.410.74.31.7
+/-Cat1.41.31.02.21.0
+/-B’mrk2.63.21.03.21.5
 
Category: GBP Corporate Bond
Category Benchmark: Morningstar UK Corp Bd GR GBP
Key Stats
NAV
07/04/2025		 GBX 209.83
Day Change -0.74%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB00B141C763
Fund Size (Mil)
31/03/2025		 GBP 165.65
Share Class Size (Mil)
31/03/2025		 GBP 124.35
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.54%
Investment Objective: Aegon Investment Grade Bond Fund GBP B Acc
The investment objective is to provide a combination of income and capital growth over any 7 year period. At least 80% of the Fund will be invested in a portfolio of investment grade corporate bonds issued anywhere in the world in any currency.
Returns
Trailing Returns (GBP)07/04/2025
YTD2.16
3 Years Annualised0.98
5 Years Annualised1.54
10 Years Annualised2.21
12 Month Yield 3.67
Management
Manager Name
Start Date
Euan McNeil
01/11/2009
Rory Sandilands
01/11/2009
Inception Date
01/06/2006

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP Collateralized&Corp TRMorningstar UK Corp Bd GR GBP
Portfolio Profile for  Aegon Investment Grade Bond Fund GBP B Acc28/02/2025
Fixed Income
Effective Maturity8.76
Effective Duration5.74
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond132.484.66127.81
Property0.000.000.00
Cash56.7286.75-30.04
Other2.220.002.22
Growth Of 1000 (GBP) 31/03/2025
Fund:  Aegon Investment Grade Bond Fund GBP B Acc
Category:  GBP Corporate Bond
Category Index:  Morningstar UK Corp Bd GR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-3.829.358.77-1.28-17.4410.694.271.70
+/- Category-1.51-0.280.051.391.271.022.240.99
+/- Category Index-1.78-1.82-0.682.573.200.963.251.52
% Rank in Category946140173821144
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.74   -1.24-0.72
1 Week0.46   -0.47-0.17
1 Month0.57   0.761.28
3 Months2.45   1.081.71
6 Months3.04   2.112.49
YTD2.16   0.731.45
1 Year5.76   2.173.23
3 Years Annualised0.98   1.442.62
5 Years Annualised1.54   1.142.28
10 Years Annualised2.21   0.430.79
 
Category: GBP Corporate Bond
Category Index: Morningstar UK Corp Bd GR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.70---
20241.040.232.680.28
20233.01-3.372.598.40
2022-5.35-8.51-10.947.04
2021-2.782.11-0.41-0.16
2020-4.627.532.463.51
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average4 star
5-YearAbove AverageAverage4 star
10-YearAbove AverageAverage4 star
OverallAbove AverageAverage4 star
 
Category :  GBP Corporate BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.06 %
3-Yr Mean Return1.29 %
 
3-Yr Sharpe Ratio-0.27
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Corp Bd GR GBP  Morningstar UK Corp Bd GR GBP
3-Yr Beta0.910.91
3-Yr Alpha1.851.85
 
Fixed Income Style31/12/2024
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 167
Maturity Distribution %
1 to 34.74
3 to 511.38
5 to 714.59
7 to 1018.82
10 to 154.27
15 to 202.45
20 to 309.19
Over 304.93
Effective Maturity8.76
Effective Duration5.74
Credit Quality Breakdown %     %
AAA0.00   BB6.58
AA5.02   B0.00
A21.06   Below B0.98
BBB63.60   Not Rated2.76
 
Category: GBP Corporate Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond132.484.66127.81
Property0.000.000.00
Cash56.7286.75-30.04
Other2.220.002.22
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings115
Assets in Top 10 Holdings49.99
NameSectorCountry% of Assets
United Kingdom Gilt 3.75% 29/01/2038 ... United Kingdom24.82
5 Year Treasury Note Future June 25United States12.06
Close Brothers Group PLC 7.75%United Kingdom1.93
Dwr Cymru (Financing) UK PLC 1.63%United Kingdom1.88
Aroundtown Finance S.a.r.l. 8.63%Germany1.64
Rothesay Life PLC 4.88%United Kingdom1.61
European Investment Bank 4.63%1.57
Bank Hapoalim BM 3.26%Israel1.51
Bank of Nova Scotia 3.7%Canada1.51
Orsted A/S 2.5%Denmark1.47
 
Increase Decrease New since last portfolio
Category: GBP Corporate Bond
 
Management
Name of CompanyAegon Asset Management UK PLC
Phone+353 1 622 4493
Websitehttps://www.aegonam.com/
Address3 Lochside Crescent
 Edinburgh   EH12 9SA
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date01/06/2006
Fund Advisor(s)
Aegon Asset Management UK PLC
Fund ManagerEuan McNeil
Manager Start Date01/11/2009
Career Start Year1997
Education
University of Stirling, M.S.
University of Strathclyde
 
Biography
Euan McNeil is an investment manager in the Fixed Income team. He specialises in investment grade credit and co-manages two investment grade bond funds, which he has been involved in since 2006. Euan also co-manages several institutional portfolios. Euan joined the industry in 1997 and joined us in 2003 from Britannic Asset Management, where he worked in the corporate bond team. Prior to that, he was an international equities manager at Blairlogie Capital Management. Euan studied International Business and French at the University of Strathclyde and has an MSc in Investment Analysis from the University of Stirling.
Fund ManagerRory Sandilands
Manager Start Date01/11/2009
Career Start Year1998
Education
University of Edinburgh, B.A./B.S.
 
Biography
Rory Sandilands is an investment manager within the Fixed Income team. He co-manages an absolute return bond fund, sterling corporate bond fund and sterling investment grade bond fund. He joined the industry in 1998. Previously, Rory was a vice president in credit sales at Goldman Sachs. In addition, he has also worked in credit sales for Morgan Stanley and in fixed income sales for Merrill Lynch. He has extensive experience working with both cash bonds and derivative products across the full ratings spectrum. Rory holds an honours degree in Law with Accountancy from the University of Edinburgh.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.50%
Ongoing Charge0.54%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings10000  GBP
Tax Free Savings Schemes
ISAsYes