Scottish Widows Strategic Income Fund A Acc

The fund aims to provide income with some potential for capital growth by investing in a diversified portfolio of fixed interest securities. The Fund Manager actively manages the fund with the goal of outperforming the benchmark by 0.75% per annum on a rolling 3-year basis.

The fund primarily invests in investment grade corporate bonds denominated in Sterling or Euros, with at least 55% of the fund allocated to this asset class. Additionally, the fund may invest in corporate bonds denominated in other currencies, government bonds, non-investment grade corporate bonds, covered bonds, supranational bonds, asset-backed securities, and cash-like investments. The Fund Manager is limited in the extent to which positions can vary from the benchmark, providing a balance between asset spread and risk management.

The fund carries risks associated with investing in fixed interest securities, including credit risk, interest rate risk, and currency risk. Non-investment grade corporate bonds, also known as high yield bonds, are considered higher risk due to their lower credit rating. The fund's performance may differ from the benchmark due to the active management approach and the use of derivatives for currency hedging.

https://www.scottishwidows.co.uk/funds.html