A quick look at...Sterling Strategic Bond funds

The IMA defines Sterling Strategic Bond funds as vehicles that invest at least 80% of their assets in sterling denominated (or hedged back to sterling) fixed interest securities. This includes convertibles, preference shares and permanent interest bearing shares (PIBs). At any point in time the asset allocation of these funds could theoretically place the fund in one of the other fixed interest sectors. The funds will remain in this sector on these occasions since it is the manager’s stated intention to retain the right to invest across the sterling fixed interest credit risk spectrum. M...