Waverton Sterling Bond Fund receives AA rating from Square Mile Research (“Square Mile”)

We are thrilled to announce that on 21 February 2025, following Square Mile’s review of numerous funds in February 2025, Square Mile upgraded the Waverton Sterling Bond Fund rating from an A to an AA rating.

Square Mile provide in-depth, qualitative research to enable advisers and institutions to select the right investment funds for client's goals. They look beyond what a fund does and how it is constructed to fully understand how it behaves and whether it represents good value for investors.

Commenting on the rating, Square Mile highlighted “This reflects their conviction on the core fixed income approach taken by Jeff Keen and his team. While performance has been challenged over recent months, the fund maintains the attributes to potentially play an attractive role as a diversifier within a multi-asset portfolio, thanks to its focus on delivering returns with low correlation to equities”.

This prestigious recognition is a testament to the years of hard work and dedication by our team.

Head of Fixed Income and Manager of the Fund Jeff Keen, speaking about the achievement, said: “It has been a pleasure working with the Square Mile team over a period of years, during which time we have discussed the particular defensive role that our fund performs for multi asset portfolios and our differentiated approach to portfolio construction. In the light of recent volatility, our strategy could well become even more important for our investors. We thank the Square Mile team for this important recognition of the Waverton Fixed Income team and the Sterling Bond Fund.”

You can read more about the rating including a qualitative opinion summary and information on performance and costs here.