abrdn (Lothian) UK Corporate Bond Trust Institutional

The fund aims to generate income and some growth over the long term by investing in Sterling denominated investment grade corporate bonds. The Performance Target is to achieve the return of the iBoxx Sterling Non-Gilts Index, plus 0.5% per annum.

The fund will invest at least 60% in Sterling denominated investment grade corporate bonds, but may also invest in bonds issued anywhere in the world by governments and corporations. The fund may employ techniques to reduce risk related to currency movements on non-Sterling bonds and may also invest in other funds, money-market instruments, and cash.

The fund's ability to buy and sell bonds and associated costs can be affected during periods of market stress, including periods where interest rates move sharply. The fund will routinely use derivatives to reduce risk, reduce cost, or generate extra income or growth consistent with the fund's risk profile.

https://www.abrdn.com/en-gb/institutional