Quick Stats

Last Price 127.00p Day Change -0.20p (-0.0016%)
Price Date 8 Dec 2023 Morningstar Rating 3
Shares Class Acc Yield 3.38 %
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 0.14% Annual Management Charge 0.00%

Fund Objective

The aim of this Fund is to: (i) generate an income and capital return (net of fees) over the long term (being a period of five years or more) in line with the sterling-denominated investment grade corporate bond market, as represented by the ICE BofAML Sterling NonGilt Index (the Index); and (ii) keep its weighted average carbon intensity (WACI) lower than the ACD’s carbon emissions benchmark (the Emissions Benchmark), while maintaining a low turnover of bonds held by the Fund. The Fund seeks to achieve its investment objective by investing at least 70% of its Net Asset Value in sterling-denominated investment grade corporate bonds.

Fund Managers

AXA Investment Managers UK Ltd