Quick Stats

Bid Price - Offer Price -
Mid Price GBX 256.22 Day Change GBX +0.03 (0.01%)
Price Date 20 Oct 2017 Crown Rating 4
Shares Class Inc. Yield 4.75 %
Total Expense Ratio 0.10 Fund Size 115,130,600.00
Launch Date 17/12/2001 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 100,000,000.00 Total Expense Ratio (%) 0.10
ISIN GB00B3FPFP05 Min TopUp (£) 1,000,000.00

Fund Objective

The Fund aims to provide investors with a high income, paid monthly, primarily through investment in highly rated and/or high yield bonds from around the world and in derivatives the underlying assets of which are highly rated and/or high yield bonds from around the world.

Fund Managers

Garland Hansmann
Garland is a portfolio manager at Investec Asset Management, responsible for credit. Prior to joining the firm he was Head of High Yield at Intermediate Capital Group. Prior to this he was European Head of Credit Research and High Yield Bonds at Credit Suisse Asset Management. He has also held positions at Dresdner Bank AG and Delbrueck Asset Management. Garland holds a Finance and Capital Markets degree (Diplombetriebswirt) from the Hochschule fuer Bankwirtschaft University in Frankfurt. Garland is also a CFA Charterholder.
Jeff Boswell
Jeff is responsible for managing and leading the development of the developed markets credit platform at Investec Asset Management. His responsibilities include acting as a portfolio manager across a range of Investec Asset Management credit funds. Prior to joining the firm Jeff worked at Intermediate Capital Group PLC as Head of Portfolio Management within its Credit Fund Management division. He was also a member of the investment committee across both liquid and illiquid Credit Fund Management strategies. Prior to this he was at Investec Bank Limited as Head of Acquisition Finance, where he established the Acquisition Finance platform and led the development a third party asset management CLO platform alongside. Previously he has also held structured and leveraged finance roles at NIB Capital (London) and BOE Merchant Bank (South Africa). Jeff holds a Bachelor of Commerce Honours (Cum Laude) from University of South Africa. He is also a Chartered Accountant (SA) and a CFA Charterholder.