Quick Stats
Last Price | 252.60p | Day Change | -0.50p (-0.0020%) |
---|---|---|---|
Price Date | 18 Apr 2024 | Morningstar Rating | |
Shares Class | Acc | Yield | 5.21 % |
Last Ex-Dividend Date | 01 January 2020 | Dividend Frequency | - |
Sector | £ High Yield | Fund Size | 0.00 |
Launch Date | 01/01/2020 | Standard Initial Charge | 0.00% |
Ongoing cost | 0.53% | Annual Management Charge | 0.00% |
ISIN | GB00B29NGF01 |
Fund Objective
The aim of this Fund is to provide an income, by investing in high yield bonds, combined with any capital growth over the long term (being a period of five years or more). The Fund seeks to capture opportunities in the international high yield corporate debt market, through investing at least 70 per cent of its assets in ‘sub-investment grade’ bonds, also termed as ’high yield bonds’ (meaning bonds with a Standard & Poor’s rating of lower than BBB- or such equivalent rating by Moody’s or Fitch), issued by companies anywhere in the world. The ACD focuses on credit analysis to create a portfolio of bonds that seeks diversification across companies showing improving resilience against default.
Fund Managers
AXA Investment Managers UK Ltd
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