Quick Stats

Mid Price GBX 133.59 Day Change GBX -0.12 (-0.09%)
Price Date 16 Aug 2019 Crown Rating 3
Shares Class Acc. Yield 4.10 %
Last Ex-Dividend Date 01 July 2019 Dividend Frequency -
Sector Sterling High Yield Fund Size 491,000,000.00
Launch Date 22/03/2002 Standard Initial Charge 0.00%
Ongoing cost 1.29% Annual Management Charge 1.25%
ISIN GB0031425233 Sedol 3142523

Fund Objective

The investment objective is to maximise total return (income plus capital) by investing in a portfolio of predominately high yield bonds, selected investment grade bonds and cash. The fund may hold sterling and other currency denominated bonds hedged back to sterling. The Fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.

Fund Managers

Mark Benbow
Mark Benbow is an investment manager in the Fixed Income team. Mark specialises in high yield bonds and co-manages our global high yield bond funds. Mark, who has 10 years’ industry experience, joined us from Scottish Widows Investment Partnership, where he was an analyst on the global equities team. Previous to this he worked at Morgan Stanley as a Financial Analyst. Mark holds a first-class honours degree in Management and Economics and a Masters in Investment and Finance.