Quick Stats

Bid Price - Offer Price -
Mid Price GBX 63.62 Day Change GBX -0.60 (-0.93%)
Price Date 28 Jun 2017 Crown Rating 5
Shares Class Inc. Yield 3.56 %
Total Expense Ratio 0.94 Fund Size 169,800,000.00
Launch Date 24/10/2012 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.65 Sector IMA UK Equity Income
Min Investment (£) 2,000,000.00 Total Expense Ratio (%) 0.94
ISIN GB00B7XZ3C35 Min TopUp (£) 0.00

Fund Objective

The fund aims to provide income and some capital growth over the longer term by investing predominantly in bonds issued or guaranteed by governments, financial institutions or companies in emerging markets. The majority of the fund will be invested in bonds denominated in US Dollars and who may invest a proportion of the fund's assets in other bonds, derivatives and/or money market instruments to try to take advantage of opportunities they have identified. Please note the operating currency of the fund is US Dollars, and the base currency is Sterling. The currency risk arising from this difference is not routinely hedged. The fund aims to invest mainly in bonds and assets denominated in US Dollars but may, at the discretion of the Manager, invest in bonds and assets denominated in other currencies (including emerging market currencies). Bonds and assets held in currencies other than the operating currency will be hedged at the discretion of the Manager, meaning some additional active currency risk may be taken against the operating currency.

Fund Managers

Richard House
Richard is Head of Emerging Markets Fixed Income at Standard Life Investments. He began his investment career in 1994 as an emerging markets economist with Lombard Odier Asset Management. Subsequently, Richard worked as a portfolio manager with HSBC and an emerging markets debt trader at Wadhwani Asset Management. Prior to joining Standard Life Investments in 2012, he spent five years as Head of Emerging Market Debt with Threadneedle Asset Management.