Rathbone Strategic Bond Fund

A smoother approach to fixed income

Open Fund Centre
The tops of skyscrapers poke through fog at sunrise over a city

Summary

The Rathbone Strategic Bond Fund takes a risk conscious approach to fixed income, investing across multiple fixed income asset classes with the aim of generating returns whilst managing volatility.

Fund launch

2011

Combined years of Fund Managers' experience

50+

As at September 2026

*For additional fund documents and share classes, please visit our literature library.

Key documents*

Why invest in the Rathbone Strategic Bond Fund

An icon of a report with a magnifying glass over the top of it

Explicit focus on risk

The fund has an explicit target to deliver volatility lower than the average of the IA Sterling Strategic Bond sector over a 5-year period.

An icon of a cog or gear within a maze

Asset allocation boundaries

Explicit lower and upper limits on allocations to various fixed income asset classes ensure the fund remains truly strategic, rather than concentrated in one area.

An icon of chart and data on a computer screen

Tried and tested investment process

Our disciplined approach assesses every bond against our ‘Four Cs’ Plus framework (Character, Capacity, Collateral and Covenants). 

An icon of people inside of a cog/gear

Depth of experience

Our team brings together investment and credit research expertise, combining different perspectives to assess opportunities across fixed income markets.

An arrow in the bullseye of an archery target

Low correlation

The fund manager aims to deliver returns that have limited correlation with equity and bond markets, allowing the fund to offer diversifying characteristics.

While bonds can help reduce the overall risk of a portfolio, they are not risk free. Changes in interest rates, inflation and market conditions can affect the value of investments and the income they generate. Investors may get back less than they originally invested.

Prices and performance

View the latest prices and performance for this fund

Open Fund Centre

Meet the Fund Managers

Bryn Jones

Bryn Jones

Fund Manager

Bryn Jones

Fund Manager

Bryn is the head of fixed income for Rathbones and is lead manager on the Rathbone Ethical Bond Fund and the Rathbone Strategic Bond Fund. He joined Rathbones in November 2004 from Merrill Lynch, where he managed $2 billion of fixed income assets.

Bryn is a member of the Rathbone Strategic Asset Allocation Committee, non-executive chairman of Rathbones' Fixed Income Committee, and an adviser to the Rathbone Banking Committee. He is a WMA representative for the HMT DMO’s (Her Majesty’s Treasury - Debt Management Office) Gilt market consultation process. Bryn appears regularly on CNBC and Bloomberg TV. He also sits on the IA Fixed Income Committee.

Bryn Jones
Stuart Chilvers

Stuart Chilvers

Fund Manager

Stuart Chilvers

Fund Manager

Stuart is lead fund manager of the Rathbone High Quality Bond Fund and co-manager of the Rathbone Greenbank Global Sustainable Bond Fund. He works with our head of fixed income, Bryn Jones, assisting in the management of the Rathbone Ethical Bond and the Rathbone Strategic Bond funds as well. Stuart joined Rathbones in September 2017 and was made an assistant fund manager in January 2020, then fund manager in January 2022. Previously, he spent three years at Brown Shipley. He is a Chartered Financial Analyst (CFA) charterholder and holds the Chartered Institute for Securities & Investment (CISI) Chartered Wealth Manager Qualification, having won the CISI Financial Markets & CISI Chartered Wealth Manager Qualification awards at the annual CISI awards in 2016 and 2017 respectively. He was named in the 2018 Citywire Top 30 under 30 investment management awards. He graduated from Bath University with a first-class Bachelor’s degree in Mathematics.

Stuart Chilvers
Christie Goncalves

Christie Goncalves

Assistant Fund Manager

Christie Goncalves

Assistant Fund Manager

Christie is assistant fund manager in the fixed income team.

Christie joined Rathbones in January 2024, arriving with 15 years of experience in fixed income markets, most recently at Vanguard where she spent eight years as an assistant portfolio manager on global corporate Environment Social and Governance (ESG) funds and ETFs, and as a senior trader focused on European and UK government and corporate bonds. Prior to this she was an emerging markets trader and portfolio manager for Stanlib in South Africa.

She has an honours degree in Investment Management from the University of Pretoria (cum laude), is a Chartered Financial Analyst (CFA) charterholder and holds the Financial Risk Manager qualification.

Christie Goncalves

Ratings and awards

Our fund gets the 5 stars from Morningstar

Our fund gets an AA ESG rating from MSCI

Our fund managers Bryn Jones and Stuart Chilvers get an AA grade from CityWire

Literature Library

Filters

Literature Type
Shareclass
Currency
0
Clear selection
Please select at least one file to download

Rathbone Strategic Bond Fund I Acc

Rathbone Strategic Bond Fund I Inc

Unit Trust prospectus

European MiFID Template

Remuneration policy

Single Strategy - Supplementary Information Document

Rathbone Strategic Bond Fund - full fund holdings information

Rathbones Asset Management Assessment of Value 2024 Report (Consolidated)

Strategic Bond, report and accounts, Interim

Key Investor Information - Rathbone Strategic Bond Fund (I Acc)

Key Investor Information - Rathbone Strategic Bond Fund (I Inc)

I-Class Single Strategy application form (Corporate Investor)

Discover our other fixed income funds

Rathbone Ethical Bond Fund

Find out more

Rathbone High Quality Bond Fund

Find out more

Rathbone Greenbank Global Sustainable Bond Fund

Find out more