Provider Scottish Widows Unit Trust Managers Limited Administration The WM Company. Trustee...
Scottish Widows Unit Trust Managers Limited
The WM Company.
The Royal Bank of Scotland.
Scottish Widows Corporate Bond Trust.
The Scottish Widows Corporate Bond Trust aims to provide a high level of income through investment mainly in corporate bonds and other fixed interest securities.(This Bond incorporates the Tesco Corporate Bond from June 2001)
Open Ended Investment Company
This is an authorised unit trust.
IMA general sector
UK Corporate Bonds
Standard & Poor's Fund Management Rating @ 04/04/2002
FT Sectorised Risk
Sterling Bond Market Cautious - This risk profile contains funds that have shown exposure to the movements of Sterling denominated bonds and have displayed caution in the taking the risks generated by bonds.
FT Ratings Risk Level
The FT Ratings risk level for this fund is very low. The risk level rating indicates the volatility of the fund compared to its risk profile.
FT Charge rating
The charge rating given by FT Ratings is medium. This is based on the total expense ratios calculated by Fitzrovia.
FT Rating Performance
The FT rating for performance is high. This is calculate by assessing all funds within the same risk profile and the rating is calculated to ignore the 'performance' inherent within the risk profile.
Fund is passively managed
The fund is actively managed.
Fund invests in other funds
This is not a fund of funds.
Yield as quoted by FundTracker
Bid/Offer Spread as quoted by FundTracker
Fund launch date
The Fund was launched on 15th October 1997.
Initial Commission %
The initial commission is 3%.
Renewal Commission %
There is renewal commission of 0.25%.
Minimum single lump sum investment
The minimum single lump sum investment is £1,000.
Min additional investment (£)
The minimum additional investment is £100.
Minimum monthly premium (£)
The regular minimum premium is £10 per month.
Initial charge (%)
The initial charge is 3.5%.
Annual management charge (% pa)
There is an annual management charge of 1%.
Annual charge deducted from income or capital
The annual charge is deducted from income.
Exit charge for early redemption
No exit charge is levied.
Discount terms available
There are no discount terms available. However after 48 regular monthly payments a bonus of additional units equivalent to 1% of the value of units will be made. This does not apply to lump sum payments.
Share exchange scheme available
Min. value of stock - £2,000.
Min subsequent investment
Max. cash return to client
Max . balance of stock returned to client
Broker charges/pricing basis
This service is free of charge.
Day proceeds invested
As soon as proceeds known.
Capital protected fund
This is not a capital protected fund.
Transfer PEP status of fund
The fund is available for inclusion in a PEP Transfer Plan.
ISA status of fund
This Fund is available for inclusion in an Individual Savings Account (ISA).
Dealing at previously fixed price
Dealing at a price yet to be fixed
There is a fund valuation at 8 am. Deals are placed on a forward pricing basis.
Contract notes issued for registration purposes
Unit certificates are issued for registration purposes.
Income is paid quarterly on 15th January, 15th April, 15th July and 15th October.
Provider's web site
‘Promising lead’ or ‘Back to the lab’?
Have economic cycles fundamentally changed?
Our weekly heads-up for advisers
Two global vehicles
'Further plug advice gap'