Quick Stats
Last Price | £13.37 | Day Change | £0.02 (0.0014%) |
---|---|---|---|
Price Date | 28 Nov 2023 | Morningstar Rating | |
Shares Class | Inc | Yield | 3.54 % |
Last Ex-Dividend Date | 01 January 2020 | Dividend Frequency | - |
Sector | £ Corporate Bond | Fund Size | 0.00 |
Launch Date | 01/01/2020 | Standard Initial Charge | 0.00% |
Ongoing cost | 0.37% | Annual Management Charge | 0.00% |
ISIN | GB0032487331 |
Fund Objective
The Fund aims to provide income while also growing investor's investment by outperforming, net of fees, the ICE Bank of America Merrill Lynch Sterling Non-Gilt Index over 1 to 3 years. At least 80% of the Fund will be invested in fixed income securities (meaning debt securities such as bonds, including covered bonds, debentures and securitised debt) issued by companies located globally, in Sterling (or hedged back to Sterling).
Fund Managers
Morgan Stanley Investment Management (ACD) Limited
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