Investment objective
We aim to deliver a greater total return than the Investment Association (IA) Sterling Corporate Bond sector, after fees, over any rolling five-year period. Total return means the return we receive from the value of our investments increasing (capital growth) plus the income we receive from our investments (interest payments). We use the IA Sterling Corporate Bond sector as a target for our fund's return because we aim to achieve a better return than the average of funds that are similar to ours.
Investment Strategy
When picking our investments, there are three assessments we make. First, we look at the economic environment to determine which industries we want to own and the duration of our investments. Then we use the Four Cs Plus approach to evaluate creditworthiness. We assess:
- Character: Whether a company's managers have integrity and competence
- Capacity: Ensuring a company isn't over-borrowing and has the cash to pay its debts
- Collateral: Are there assets backing the loan, which reduces the risk of a loan
- Covenants: These loan agreements set out the terms of the bond and restrictions on the company
- Conviction: The Plus: We think differently to the market; sometimes contrarian, sometimes sceptical o orthodox thinking, but always opinionated
Meanwhile, Rathbone Greenbank, an ethical research division of our company, assesses potential investments against positive and negative social and environmental criteria. Finally, we compare prices to determine the best value bonds to include in our fund.
Why buy RATHBONE INCOME FUND?
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FUND SNAPSHOT
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| View quarterly investment note |
| View full fund holdings information |
In Conversation February 2023
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In Conversation February 2023
In ante urna, laoreet et dolor at, congue tempor nulla. Nam quis sapien viverra, condimentum ligula quis, commodo ligula. Nulla facilisi. Nulla facilisi. Etiam rutrum ante et nisl facilisis tempor. Nam eget convallis massa, sit amet ullamcorper nibh. Fusce facilisis sit amet leo id laoreet. Donec blandit suscipit ipsum cursus congue.
In Conversation September 2022
World of Opportunities webinar
1 min
Income Fund Webinar
It is a question that we and most investment houses have revisited time and time again for the best part of a decade, what is the catalyst for the resurgence of the UK market?
1 min
Multi-Asset Webcast | April 2024
1 min
Review of the week: Spending the big bucks
The mean-average American family is worth $1 million after years of soaring growth, wealth and income. This matters for inflation, future interest rates and the strength of the dollar.
6 mins