AEGON Asset Management

UK Corporate Bond

Fund Objective

The UK Corporate Bond Fund invests in a wide range of sterling denominated investment grade bonds. These are bonds with credit ratings between AAA and BBB or equivalent. The fund is actively managed and invests across all durations.

The UK Corporate Bond Fund may be suitable for pension funds with a degree of investment freedom and looking for an alternative (or addition) to gilt investments. Analysis has shown that the increased default risk associated with corporate bond investment is more than compensated for by the excess yield that corporate bonds provide over government bonds. In other words, their risk-adjusted returns are superior.

Fund Manager

Mark Kedar

Mark Kedar
Investment Manager, Fixed Income

Mark is the lead fund manager for the UK Corporate Bond pooled fund. His responsibilities also encompass credit research where he is responsible for analysing the insurance and property sectors. Prior to joining AEGON in 1997, Mark was at Valu-Trac Investment Management for three years, working within quantitative research and fund management. Mark holds a first class BSc honours degree in mathematics from the University of Strathclyde, an MSc in investment analysis.

Fund Details

Launch Date

1 July 2000

Fund Size

£424.7 million
(as at 29/12/2006)

Benchmark

iBoxx £ Non Gilts index

Performance Target

0.75% annualised (gross) outperformance of the benchmark over 3 years

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