Launched in May 1995 the Fund aims achieve a high income through investing primarily in a variety of investment grade fixed interest instruments without geographical restriction and preference shares in UK and European community companies.

The fund

  • Targets high income.

  • Invests across a wide range of investment-grade bonds, including many household names.

  • Seeks to balance credit, interest rate and liquidity risks judiciously.

Meet the Sanlam Fixed Income Team

Thomas Wells
Thomas Wells
Head of Fixed Income
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Josef Svoboda
Josef Svoboda
Fund Manager
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Jimmy Wong
Jimmy Wong
Fixed Income Analyst
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William Goodwin
William Goodwin
Senior Credit Analyst
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Why invest in the fund?

  • Core corporate bond fund - can either be a standalone corporate credit investment or the credit component of a wider portfolio
  • Expertise in financials – a key segment of the corporate bond market
  • Active duration management – credit is a long duration asset class and thus sensitive to changes in risk-free rates
  • Good access to the primary market
  • Sophisticated management of risk.

Our fund offers exposure to a range of good quality (investment-grade) corporate bond issuers. As such, the fund can be used as a core corporate credit allocation, either on a standalone basis or as part of a diversified portfolio.

Within the fund we will seek to outperform the wider sterling corporate credit sector through judicious management of interest rate, industry, credit and liquidity risks.

We are experts in financials sector (c.40% of the credit market) and we are part of the broader ecosystem of corporate credit, which means we have excellent access to the primary market and new issues. The primary market is an important source of new ideas for the fund.

Environmental, Social and Governance

Whilst the fund is not marketed as an “ESG” or “sustainable” bond fund, it is managed with ESG considerations as we believe this enables us to maintain our performance whilst improving the average integrity of our portfolio companies.

As part of our ESG strategy we watchlist certain industries which screen negatively but where we have flexibility to allocate on a comparative basis, and engage with firms in our universe which enables a deeper and more valuable understanding of our investment environment. 

We have excellent access to the primary market and new issues.

Tom Wells,  Head of Fixed Income
Explore the details
A high-conviction portfolio investing in corporate credit. Typically, at least 80% of the Fund will be invested in investment-grade bonds with any non-GBP-denominated bonds hedged to sterling.

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Fund Risks

Past performance is not a guide to future performance. Do remember that the value of an investment and the income generated from them can fall as well as rise and is not guaranteed, therefore, you may not get back the amount originally invested and potentially risk total loss of capital. A table with five years’ performance is available in the fund factsheets.

The Fund invests in bonds. Investment in bonds and other debt instruments is subject to interest rate risk and credit ratings. The government or company issuer of a bond might not be able to repay either the interest or the original loan amount and therefore default on the debt. This would affect the credit rating of the bond and, in turn, the value of the Fund.  If long-term interest rates rise, the value of your shares is likely to fall. Exchange rate changes may cause the value of investments to go down as well as up.

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Marketing material. Issued by Salam Investments UK Limited. Authorised and regulated by the Financial Conduct Authority. Registered office: 27 Clements Lane, London, EC4N 7AE. The value of investments can go down as well as up and investors may not get back the full amount invested.

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