Our approach

Strategic bond funds can offer investors exposure to many different areas of fixed income such as government, corporate and high-yield bonds, offering portfolio diversification. However, strategic bond funds come in many flavours. The strategic bond sector is one with a high dispersion of returns, inconsistent performance, and high correlation with the high-yield market.

Our Strategic Bond Fund has a long track record managed with a consistent process and team. We invest in the best ideas across global fixed income markets using a long-term, fundamentally driven approach within a focused portfolio. We seek to provide clients with superior risk-adjusted returns through market cycles and minimise drawdowns during periods of volatility.  

Potential benefits

The Aviva Investors Strategic Bond Fund represents a compelling option for investors seeking to outsource their fixed income decision making to a truly global team of bond specialists. The fund is designed to provide a strategic anchor for a core fixed income allocation:

Single solution

The fund is a convenient solution for investors looking to gain diversified exposure across global fixed income markets in a standalone strategy.

Global

The fund can invest globally, accessing a wide opportunity set to construct a portfolio that can perform throughout market cycles. However, it is important to note that at least 80 per cent of the portfolio’s assets will either be sterling-denominated or hedged back to sterling.

Total return focus

Long-term outperformance with less risk. Fixed income investing involves asymmetric risks that are skewed to the downside – in other words, the potential losses are greater than the potential gains. This can result in a tendency to focus on avoiding defaults. However, when trying to maximise total returns, identifying winners is also crucial.

Strategic Bond Fund strategies

Aviva Investors Strategic Bond Fund

A total-return fixed income solution that utilises a flexible, unconstrained approach across global bond markets, seeking to deliver long-term excess returns.

Strategic Bond Fund team

  • Chris Higham

    Senior Portfolio Manager

  • James Vokins

    Global Head of Investment Grade Credit

    • Key risks

    For further information on the risks and risk profiles of our funds, please refer to the relevant KIID and Prospectus.

    Investment risk

    The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.

    Illiquid securities risk

    Certain assets held in the fund could, by nature, be hard to value or to sell at a desired time or at a price considered to be fair (especially in large quantities), and as a result their prices could be very volatile.

    Credit risk

    Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.

    Derivatives risk

    The fund uses derivatives; these can be complex and highly volatile. Derivatives may not perform as expected, which means the fund may suffer significant losses.

    Convertible securities risk

    Convertible bonds can earn less income than comparable debt securities and less growth than comparable equity securities, and carry a high level of risk.

    Fixed income views

    Explore all funds

    Access key fund documentation and performance reports.

    View Fund Centre

    Need more information?

    For further information, please contact our investment sales team.

    Contact us

    Explore our fixed income range

    Investment-grade credit

    A range of strategies that utilise portfolio construction to deliver attractive returns throughout the credit cycle.

    Find out more  about Investment-grade credit

    High yield

    A range of strategies that aim to capture the full potential of high-yield bond markets while protecting the downside.

    Find out more  about High yield

    Emerging-market debt

    A range of emerging-market debt strategies that invest across hard and local-currency markets.

    Find out more  about Emerging-market debt

    The Investment Manager endeavours to comply with the requirements of the UK Stewardship Code when managing the Funds’ assets. Stewardship is the responsible allocation, management and oversight of capital to create long-term value for investors leading to sustainable benefits for the economy, the environment and society. Environmental (particularly climate) and social factors, in addition to governance, have become material issues for fund managers to consider when making investment decisions and undertaking stewardship. The Investment Manager therefore considers a range of financial and non-financial information when assessing investments and to inform its stewardship activities, including considering the potential or actual material risk that sustainability issues may have on an investment. For more information on how the Investment Manager carries out this activity and meets the requirements of the UK Stewardship Code, as well as details about Aviva Investors’ firmwide policy, please see our website: Policies and documents - Aviva Investors