Transcription of AAA-AA-A CORPORATE BOND - OVER 15 YEAR - INDEX FUND
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Investment ManagementAAA-AA-A CORPORATE bond - over 15 year - INDEX FUNDG lossaryAAA, AA, A rated bondsAAA-rated bondissuers are primarily government guaranteed, AAare typically non-AAA sovereign borrowers andfinancial institutions, A include many utilitycompanies. The ratings are determined byindependent credit rating companiesAnnuityA pension which guarantees an incomefor life bought with the cash value of a pensionaccountCorporate bondsA negotiable debt instrumentissued by companies which pay a fixed rate ofinterestiBoxxIs a specialist INDEX produced by a groupof leading investment banks specifically for thecorporate bond market IndexA measure of performance of a marketInvestment classesDifferent types ofinvestments, for example, equities.
Investment Management AAA-AA-A CORPORATE BOND - OVER 15 YEAR - INDEX FUND Market Highlights Over 12 Months to 31 March 2007 The pace of UK economic growth remained very healthy over the 12-month period
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