Morningstar Fund Report  | 05/04/2025Print

Virgin Money Bond Fund

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Virgin Money Bond Fund
Fund-4.8-18.27.4-2.10.6
+/-Cat-1.5-0.61.2-2.7-0.3
+/-B’mrk0.05.22.70.80.0
 
Category: GBP Diversified Bond
Category Benchmark: Morningstar UK Core Bd GR GBP
Key Stats
NAV
04/04/2025		 GBX 106.30
Day Change 0.28%
Morningstar Category™ GBP Diversified Bond
IA (formerly IMA) Sector £ Strategic Bond
ISIN GB0009301291
Fund Size (Mil)
03/04/2025		 GBP 159.24
Share Class Size (Mil)
03/04/2025		 GBP 159.24
Max Initial Charge -
Ongoing Charge
06/01/2024		  0.30%
Investment Objective: Virgin Money Bond Fund
The Fund aims to provide a total return (income and capital growth) over the longer term (5 years or more) by investing mainly in sterling denominated bonds. The Fund aims to match or beat the performance of its benchmark (50% the FTSE 5-15 Year Gilt Index and 50% the ICE Bank of America Merrill Lynch 5-15 Year NonGilt Index), after charges, measured over periods of three years or more. At least 80% of the Fund’s assets will be denominated in sterling or hedged back to sterling. Investment will mainly be directly in individual bonds, but the Fund can also invest up to 20% in other investment funds, which themselves invest in bonds.
Returns
Trailing Returns (GBP)04/04/2025
YTD-0.28
3 Years Annualised-3.37
5 Years Annualised-3.16
10 Years Annualised-0.37
12 Month Yield 2.42
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Not Disclosed
27/06/2006
Inception Date
02/10/1995

Category Benchmark
Fund BenchmarkMorningstar Benchmark
50% FTSE Gilts 5-15 Yrs ,  50% BofAML Sterl NGilts AAA-A 5-15Y TR EURMorningstar UK Core Bd GR GBP
Portfolio Profile for  Virgin Money Bond Fund28/02/2025
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond102.813.2899.53
Property0.000.000.00
Cash0.000.000.00
Other0.470.000.47
Growth Of 1000 (GBP) 31/03/2025
Fund:  Virgin Money Bond Fund
Category:  GBP Diversified Bond
Category Index:  Morningstar UK Core Bd GR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-0.515.045.77-4.85-18.217.40-2.090.56
+/- Category0.99-2.50-1.20-1.54-0.571.16-2.73-0.29
+/- Category Index-0.56-2.73-2.610.025.182.670.800.03
% Rank in Category1683708456288682
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.28   0.25-0.48
1 Week-0.65   -1.06-2.54
1 Month-1.85   -1.53-2.35
3 Months-0.19   -1.22-1.95
6 Months-1.48   -1.38-0.16
YTD-0.28   -1.37-1.94
1 Year-1.44   -4.48-2.82
3 Years Annualised-3.37   -2.321.82
5 Years Annualised-3.16   -2.401.73
10 Years Annualised-0.37   -1.41-0.14
 
Category: GBP Diversified Bond
Category Index: Morningstar UK Core Bd GR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.56---
2024-0.45-0.762.68-3.48
20232.72-5.741.868.91
2022-5.39-5.25-13.255.17
2021-4.731.11-1.490.28
20200.753.570.221.15
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAbove Average2 star
5-YearBelow AverageAverage2 star
10-YearBelow AverageAverage2 star
OverallBelow AverageAverage2 star
 
Category :  GBP Diversified BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.67 %
3-Yr Mean Return-2.40 %
 
3-Yr Sharpe Ratio-0.61
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Core Bd GR GBP  Morningstar UK Corp Bd GR GBP
3-Yr Beta1.020.97
3-Yr Alpha2.88-1.56
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 174
Maturity Distribution %
1 to 30.88
3 to 54.77
5 to 719.95
7 to 1037.51
10 to 1523.00
15 to 200.73
20 to 303.34
Over 300.37
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA1.53   BB0.00
AA34.11   B0.64
A11.69   Below B0.00
BBB24.92   Not Rated27.11
 
Category: GBP Diversified Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond102.813.2899.53
Property0.000.000.00
Cash0.000.000.00
Other0.470.000.47
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings147
Assets in Top 10 Holdings50.55
NameSectorCountry% of Assets
United Kingdom of Great Britain and N... United Kingdom9.41
Long Gilt Future Jun20United Kingdom8.08
United Kingdom of Great Britain and N... United Kingdom6.68
United Kingdom of Great Britain and N... United Kingdom5.21
United Kingdom of Great Britain and N... United Kingdom5.04
United Kingdom of Great Britain and N... United Kingdom4.55
United Kingdom of Great Britain and N... United Kingdom3.37
United Kingdom of Great Britain and N... United Kingdom3.30
United Kingdom of Great Britain and N... United Kingdom2.66
United Kingdom of Great Britain and N... United Kingdom2.26
 
Increase Decrease New since last portfolio
Category: GBP Diversified Bond
 
Management
Name of CompanyVirgin Money Unit Trust Managers Ltd.
Phone+44 8456102030
Websitewww.virginmoney.com
AddressDiscovery House
 Norwich   NULL
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date02/10/1995
Fund Advisor(s)
abrdn Investments Limited
Fund ManagerNot Disclosed
Manager Start Date27/06/2006
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.30%
Ongoing Charge0.30%
Purchase Details
Minimum Investments
Initial1  GBP
Additional1  GBP
Savings-
Tax Free Savings Schemes
ISAsYes