Quick Stats

Mid Price GBX 131.10 Day Change GBX +0.60 (0.46%)
Price Date 28 May 2020 Crown Rating 4
Shares Class Inc. Yield 2.75 %
Last Ex-Dividend Date 03 February 2020 Dividend Frequency Quarterly
Sector Sterling Corporate Bond Fund Size 429,386,800.00
Launch Date 17/06/2000 Standard Initial Charge 3.50%
Ongoing cost 0.80% Annual Management Charge 0.00%
ISIN GB00B1XG7Z52 Sedol B1XG7Z5

Fund Objective

To seek to achieve income and capital growth by delivering a return, net of fees, greater than that of the ICE BofAML Sterling Non-Gilt Index over rolling 3 year periods. The fund primarily invests (at least 70%) in investment grade corporate debt securities.

Fund Managers

Lloyd Harris
Lloyd joined the company in January 2012 and is manager of the Merian Corporate Bond Fund and co-manager of the Merian Financials Contingent Capital Fund. Prior to joining the business Lloyd was at Cutwater Asset Management (2007-2011), initially as an asset-backed CP/MTN trader, then as a European financials credit analyst. Before this, Lloyd worked in structured capital markets at Deutsche Bank (2002-2007), after completing the firm’s graduate training programme. Lloyd graduated from the University of Bristol with a BA (Hons) in electronics and telecommunications engineering (2001), and is a part-qualified management accountant.
Simon Prior
Simon is co-fund manager of the Merian Corporate Bond Fund and the Merian Monthly Income Bond Fund. He began his financial services career in 2001, and initially joined the company in 2013 as an investment-grade credit analyst. He originally joined from Old Mutual plc, having held positions in both the finance and treasury functions. Simon holds a BSc in mathematics from the University of Hull, and is a CFA Charterholder.