Rathbones Unit Trust Management has rolled out a strategic bond fund targeting long-term total returns, Investment Week reports. The fund will be handled by Bryn Jones, who currently handles the Rathbones Ethical Bond fund, and advised by David Coombs, head of multi-asset management. Nearly 50 percent of the fund will be invested in sterling-denominated government bonds and investment-grade corporate debt and the rest will target collective investment vehicles. About 20 percent of the portfolio will be invested in qualifying alternative fixed-income funds and structured products.
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