Santander Sterling Bond Income Portfolio RA

The fund aims to provide an income greater than the Target Benchmark 90% Markit iBoxx Sterling Corporates Index TR, 10% FTSE Actuaries UK Conventional Gilts All Stocks Index TR. It is actively managed by the Sub-Investment Manager and invests at least 95% in bonds.

The fund invests globally in developed markets, with at least 70% of bond investments denominated in Sterling. It focuses on investment grade bonds but may also invest in sub-investment grade bonds (up to 10%) and unrated bonds (up to 5%). Derivatives are used for Efficient Portfolio Management to reduce risk, cost, or generate additional income.

Investors should be aware of credit risk, interest rate risk, and the potential impact of changing market conditions on the fund's performance. The fund may also be exposed to risks associated with investing in non-standard bonds, such as asset-backed securities.

https://www.santanderassetmanagement.co.uk/content/view/6511/file/santander-sterling-bond-incomeportfolio-ri.pdf