AEGON Asset Management

UK Long Gilt

Fund Objective

The UK Long Gilt Fund invests in a range of UK long term government bonds. The return on the fund will depend upon moves in the prices and yields of the underlying long gilt investments. Sterling assets will account for 100% of the UK Long Gilt Fund.

The primary objective of this fund is to provide safety in the form of a hedge against movements in annuity rates. The managers will exercise their best judgment in selecting from the range of available long gilts, with the aim of producing returns in excess of those of the long gilt index.

Fund Manager

Kirsten Stirling

Kirsten Stirling
Head of UK Rates

Kirsten is responsible for gilt and index linked strategy within the rates team. She is also the lead fund manager for the UK Government, UK Index Linked and UK Long Gilt pooled funds, as well as being one of the fund managers of institutional pension funds with segregated mandates. Kirsten joined AEGON in June 2000, having previously worked as an investment manager for Baillie Gifford. She holds a first class BSc honours degree in mathematics and statistics from the University of St Andrews, and is ASIP qualified.

Fund Details

Launch Date

18 September 1995

Fund Size

£382.5 million
(as at 30/09/2008)

Benchmark

FTSE UK Gilts Over 15 Years Index

Performance Target

0.5% annualised (gross) outperformance of the benchmark over 3 years

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