Morningstar Fund Report  | 23/04/2025Print

CT Dollar Bond Fund Retail Gross Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
CT Dollar Bond Fund Retail Gross Accumulation
Fund-0.7-2.9-0.22.9-0.7
+/-Cat-0.2-3.60.4-0.70.0
+/-B’mrk0.0-0.90.5-0.2-0.5
 
Category: USD Diversified Bond
Category Benchmark: Morningstar US Core Bd TR USD
Key Stats
NAV
22/04/2025		 GBP 1.42
Day Change -1.71%
Morningstar Category™ USD Diversified Bond
IA (formerly IMA) Sector USD Mixed Bond
ISIN GB0002771946
Fund Size (Mil)
31/03/2025		 GBP 97.95
Share Class Size (Mil)
22/04/2025		 USD 26.89
Max Initial Charge 3.75%
Ongoing Charge
24/01/2025		  1.17%
Investment Objective: CT Dollar Bond Fund Retail Gross Accumulation
The Fund aims to provide income with the prospect of some capital growth over the long term (5 years or more). The Fund is actively managed, and invests at least two-thirds of its assets in bonds issued by the US government and companies worldwide, denominated in US dollars (or hedged back to USD, if a different currency). The Fund may also invest in other bonds, including US denominated bonds issued by governments outside the US (or government agencies), as well as international organisations. The Fund usually selects bonds that are investment grade, but may include some bonds with a lower credit rating in the portfolio if this is considered appropriate to achieve its investment objective.
Returns
Trailing Returns (GBP)22/04/2025
YTD-5.42
3 Years Annualised-0.06
5 Years Annualised-2.35
10 Years Annualised2.14
12 Month Yield 4.17
Management
Manager Name
Start Date
Alasdair Ross
01/10/2017
Inception Date
03/04/1998

Category Benchmark
Fund BenchmarkMorningstar Benchmark
50% BofAML Euro dollars Global s TR EUR ,  50% BofAML US Treasury Master TR EURMorningstar US Core Bd TR USD
Portfolio Profile for  CT Dollar Bond Fund Retail Gross Accumulation31/03/2025
Fixed Income
Effective Maturity-
Effective Duration6.27
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond99.360.0699.30
Property0.000.000.00
Cash4.403.730.66
Other0.040.000.04
Growth Of 1000 (GBP) 31/03/2025
Fund:  CT Dollar Bond Fund Retail Gross Accumulation
Category:  USD Diversified Bond
Category Index:  Morningstar US Core Bd TR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return3.665.765.62-0.75-2.95-0.162.93-0.74
+/- Category-1.442.222.20-0.18-3.620.44-0.660.03
+/- Category Index-2.691.311.45-0.05-0.920.47-0.24-0.46
% Rank in Category8616165975336057
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.71   -0.08-1.93
1 Week-1.09   0.530.20
1 Month-4.62   0.17-0.11
3 Months-6.68   0.49-0.12
6 Months-2.98   -0.07-0.58
YTD-5.42   -0.21-0.54
1 Year-2.87   -0.98-0.69
3 Years Annualised-0.06   -0.01-0.12
5 Years Annualised-2.35   -0.040.21
10 Years Annualised2.14   0.11-0.38
 
Category: USD Diversified Bond
Category Index: Morningstar US Core Bd TR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.74---
20240.350.08-1.083.62
2023-0.15-3.020.562.53
2022-3.432.614.96-6.68
2021-4.211.293.08-0.76
20208.056.46-3.46-4.89
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAbove Average2 star
5-YearAverageAbove Average3 star
10-YearAverageAbove Average3 star
OverallAverageAbove Average3 star
 
Category :  USD Diversified BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev5.60 %
3-Yr Mean Return0.99 %
 
3-Yr Sharpe Ratio-0.53
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US Core Bd TR USD  Morningstar US Core Bd TR USD
3-Yr Beta0.960.96
3-Yr Alpha-0.50-0.50
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 98
Maturity Distribution %
1 to 311.19
3 to 523.46
5 to 713.95
7 to 1025.46
10 to 155.94
15 to 209.17
20 to 306.17
Over 302.88
Effective Maturity-
Effective Duration6.27
Credit Quality Breakdown %     %
AAA2.62   BB0.29
AA46.13   B0.11
A25.37   Below B0.00
BBB23.34   Not Rated2.14
 
Category: USD Diversified Bond
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond99.360.0699.30
Property0.000.000.00
Cash4.403.730.66
Other0.040.000.04
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings244
Assets in Top 10 Holdings40.81
NameSectorCountry% of Assets
United States Treasury Notes 2.875%United States11.76
United States Treasury Notes 4.625%United States5.82
United States Treasury Notes 2.875%United States5.38
United States Treasury Bonds 2%United States5.13
United States Treasury Notes 4.25%United States3.18
CT (Lux) Global Investment Gd CO XUH USDLuxembourg2.41
United States Treasury Bonds 4.125%United States2.31
United States Treasury Bonds 4.25%United States1.96
BlackRock ICS USD Liquidity Prem IncIreland1.74
International Bank for Reconstruction... 1.12
 
Increase Decrease New since last portfolio
Category: USD Diversified Bond
 
Management
Name of CompanyThreadneedle Investment Services Ltd
Phone44-20-7464-5000
Websitewww.columbiathreadneedle.com
AddressCannon Place, 78 Cannon Street
 London   EC4N 6AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date03/04/1998
Fund Advisor(s)
Threadneedle Asset Management Ltd.
Fund ManagerAlasdair Ross
Manager Start Date01/10/2017
Education
University of Oxford, B.A./B.S.
 
Biography
Alasdair Ross is Head of Investment Grade Credit, EMEA, with responsibility for our UK and European investment grade corporate credit teams based in London. Alasdair is lead portfolio manager across various global, euro and UK corporate credit portfolios including Threadneedle (Lux) Global Corporate Bond Fund, CT European Corporate Bond Fund, CT UK Corporate Bond Fund and is also deputy portfolio manager on Threadneedle (Lux) Credit Opportunities. Alasdair’s investment background is as a fundamental, bottom-up, investment grade credit analyst. Between joining the company in 2003 and becoming a portfolio manager in 2007, he had responsibility for covering the TMT, utility and energy sectors, as well as the sterling whole business securitisation sector. Prior to joining the company, Alasdair worked at BP plc in a rotation of commercial roles. Alasdair has a first class honours degree in Politics, Philosophy and Economics from the University of Oxford.He also holds the Chartered Financial Analyst designation.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge3.75%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.00%
Ongoing Charge1.17%
Purchase Details
Minimum Investments
Initial2000  GBP
Additional1000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes