Quick Stats

Mid Price GBX 285.74 Day Change GBX -0.31 (-0.11%)
Price Date 23 May 2019 Crown Rating 1
Shares Class Acc. Yield 4.37 %
Last Ex-Dividend Date 01 May 2019 Dividend Frequency -
Sector Sterling High Yield Fund Size 518,000,000.00
Launch Date 22/03/2002 Standard Initial Charge 0.00%
Ongoing cost 0.79% Annual Management Charge 0.75%
ISIN GB0031425563 Sedol 3142556

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

Jack Holmes
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.
Mark Benbow
Mark Benbow is an investment manager in the Fixed Income team, focusing on high yield bonds. He co-manages our 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 with responsibility for global telecommunications research. 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*.