Quick Stats

Bid Price - Offer Price -
Mid Price GBX 159.60 Day Change GBX +0.10 (0.06%)
Price Date 22 Nov 2017 Crown Rating 5
Shares Class Inc. Yield 5.85 %
Total Expense Ratio 0.00 Fund Size 25,400,000.00
Launch Date 22/02/1999 Standard Initial Charge (%) 5.25
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B4PJKG53 Min TopUp (£) 100.00

Fund Objective

The aim of the Fund is to generate a high level of income by investing primarily into the AXA World Funds-European High Yield Bonds (the “Master Fund”).

Fund Managers

James Gledhill
James joined AXA IM in June 2011 and has over 22 years’ investment experience. He joined AXA IM from Henderson New Star, where he spent 10 years. During his time there he successfully launched and built their retail fixed income business (from nil to circa £3bn in assets in a competitive retail environment), and was appointed Head of Fixed Income in 2007. Between 1992 and 2001, he worked for M&G and Prudential M&G, managing flagship High Yield and Corporate Bond Funds. He holds a degree from Oxford University.