SJP International Corporate Bond L

Quick Stats

Bid Price GBX 148.00 Offer Price GBX 155.70
Mid Price - Day Change GBX +0.10 (0.07%)
Price Date 21 Oct 2016 Crown Rating 1
Shares Class Inc. Yield 6.50 %
Total Expense Ratio 0.00 Fund Size 731,509,787.25
Launch Date 06/04/2010 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 1,500.00 Total Expense Ratio (%) 0.00
ISIN GB00BMNQJC32 Min TopUp (£) 1,000.00

Fund Objective

The Trust aims to provide a combination of income and capital growth. To achieve this, the Trust principally invests in a portfolio of corporate debt securities, focusing on senior secured North American high yield instruments with some investment in senior secured European high yield instruments. The Trust may also invest in any other geographic area.

Fund Managers

Martin Horne
Martin Horne is Head of Babson’s European High Yield Investments Group and the firm’s European High Yield Investment Committee. His responsibilities include portfolio management for several of the firm’s loan and multi-strategy funds. Martin has 19 years of financial service industry experience that has encompassed the mid cap, structured credit, investment grade and leverage finance markets. Prior to joining the firm in 2002, Martin was a member of the European Leverage team at Dresdner Kleinwort Wasserstein where he focused on lead arranging and underwriting senior, mezzanine and high yield facilities for financial sponsor driven leverage buyouts throughout Europe. He has also held positions at KPMG Corporate Finance where he advised on complex debt transactions and National Westminster Bank in the corporate banking unit. Martin also previously served on the board of directors of the Loan Market Association (LMA). Martin holds a B.A. in Economics from Reading University