|Mid Price||GBX 133.59||Day Change||GBX -0.12 (-0.09%)|
|Price Date||16 Aug 2019||Crown Rating|
|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%|
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.
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.