Strategic bonds Category Equity funds - UK equities -- UK All Companies -- UK Equity Income -- UK Smaller Companies - European equities -- Europe Excluding UK -- Europe Including UK -- European Equity Income -- European Smaller Companies - US equities -- North America -- North American Smaller Companies - Global equities -- Global -- Global Emerging Markets -- Global Equity Income - Asian equities -- Asia Pacific excluding Japan -- Japan -- Asian Equity Income -- China/Greater China -- Specialist - India - Emerging market equities -- China/Greater China -- Global Emerging Markets -- Specialist – India -- Specialist – Latin America - Specialist equities -- Specialist – Gold -- Specialist – Healthcare -- Specialist – Insurance -- Specialist – Infrastructure -- Specialist – Technology & Telecoms -- Specialist – India -- Specialist – Latin America - UK All Companies - UK Equity Income - UK Smaller Companies - Europe Excluding UK - Europe Including UK - European Equity Income - European Smaller Companies - North America - North American Smaller Companies - Global - Global Emerging Markets - Global Equity Income - Asia Pacific excluding Japan - Japan - Asian Equity Income - China/Greater China - Specialist - India - China/Greater China - Global Emerging Markets - Specialist – India - Specialist – Latin America - Specialist – Gold - Specialist – Healthcare - Specialist – Insurance - Specialist – Infrastructure - Specialist – Technology & Telecoms - Specialist – India - Specialist – Latin America Fixed interest funds - Government bonds - Corporate bonds - Strategic bonds - High yield bonds - Emerging market bonds Absolute return funds - Targeted absolute return Multi-asset funds - 0% - 35% Shares - 20% - 60% Shares - 40% - 85% Shares - Flexible - Volatility Managed Property funds - Commercial Property - Property Shares Responsible investing - Corporate bonds - UK equities -- UK All Companies - Asian equities -- Asia Pacific Excluding Japan - 20% - 60% Shares - UK All Companies - Asia Pacific Excluding Japan Investment trusts - China/Greater China - Asian equities -- Asia Pacific Excluding Japan -- Japan -- Japanese Smaller Companies - European equities -- Europe Including UK - Global equities -- Global -- Global Equity Income - Property Shares - UK equities -- UK All Companies -- UK Equity Income - Asia Pacific Excluding Japan - Japan - Japanese Smaller Companies - Europe Including UK - Global - Global Equity Income - UK All Companies - UK Equity Income
Strategic bond funds are the most flexible type of bond fund. They can invest in any type of bond – government, investment grade, high yield and emerging market, as well as other fixed interest investments. The manager will be able to increase or decrease exposure to certain types of bond, depending on the economic and investment environment, and their view as to which is currently a more attractive investment. These funds also tend to have more investment tools at their disposal, which can, for example, help protect the fund from rising interest rates.