|Bid Price||-||Offer Price||-|
|Mid Price||GBX 156.80||Day Change||GBX -0.10 (-0.06%)|
|Price Date||27 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||5.85 %|
|Total Expense Ratio||0.00||Fund Size||26,100,000.00|
|Launch Date||22/02/1999||Standard Initial Charge (%)||5.25|
|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|
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”).
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.