|Mid Price||GBX 50.52||Day Change||GBX +0.01 (0.02%)|
|Price Date||22 Mar 2019||Crown Rating|
|Shares Class||Inc.||Yield||3.76 %|
|Last Ex-Dividend Date||01 March 2019||Dividend Frequency||-|
|Sector||Sterling High Yield||Fund Size||533,000,000.00|
|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.
Jack Holmes is an investment manager in the Fixed Income team with responsibility for high yield bonds. He joins us in 2016 from Standard Life Investments, where he was an analyst on the European high yield team, covering a range of sectors, including general industrials, waste and recycling and oil & gas services. Before joining Standard Life Investments in January 2013 Jack worked for Cambridge Econometrics as an assistant economist. He has a first-class honours degree in economics from Trinity College, Dublin.