We are delighted to award an A-rating to the Schroder Sterling Corporate Bond fund. Unlike many other funds within the sterling credit space, this team employ a strictly bottom-up approach focused on extracting alpha from smaller issues which can often be overlooked by larger scale investors.

The fund provides investors access to Schroders' well resourced and highly experienced European credit team, and is managed by Jonathan Golan, who has proven his ability to deliver consistent alpha under a variety of market conditions since taking over the fund in February 2017. While investors should be cognisant that this strategy may, at times, generate periods of elevated volatility, over the longer term we expect Mr Golan to deliver on the fund's performance objectives and provide strong returns within its market.