Quick Stats

Last Price 96.78p Day Change 0.02p (0.0002%)
Price Date 8 Dec 2023 Morningstar Rating 3
Shares Class Inc Yield 3.19 %
Last Ex-Dividend Date 01 January 2020 Dividend Frequency -
Sector £ Strategic Bond Fund Size 0.00
Launch Date 01/01/2020 Standard Initial Charge 0.00%
Ongoing cost 0.44% Annual Management Charge 0.00%

Fund Objective

The aim of this Fund is to generate an income return combined with any capital growth over a period of three years or less. The Fund invests at least 80% of its Net Asset Value in bonds (including index-linked bonds) with a bias towards shorter maturities and money market instruments, issued by governments and companies diversified globally (including emerging markets), with the aim of reducing the effect of fluctuations in interest rates and market volatility while generating an income return. The Fund may invest up to 60% of its Net Asset Value in ‘sub-investment grade’ bonds.

Fund Managers

AXA Investment Managers UK Ltd