Quick Stats

Bid Price GBX 53.22 Offer Price GBX 53.89
Mid Price - Day Change GBX +0.11 (0.21%)
Price Date 28 Jun 2017 Crown Rating 2
Shares Class Inc. Yield 4.39 %
Total Expense Ratio 0.00 Fund Size 27,521,240.72
Launch Date 09/09/1998 Standard Initial Charge (%) 1.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 1,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B8P58897 Min TopUp (£) 1,000.00

Fund Objective

The Investment objective of the scheme is to provide a high level of income with potential for capital growth. This will be achieved by investing in UK corporate bonds and preference shares, UK and other government securities, Eurobonds and other fixed and variable rate securities including where appropriate and permitted by COLL, convertible Securities.

Fund Managers

Geoff Hitchin
Geoff Hitchin was born in Clitheroe in 1942 and attended Brentwood school in Essex. On completing school he became a Trainee Accountant. He focused on tax and worked as a Tax Officer / Consultant for nearly 20 years before setting up Marlborough Fund Managers Ltd and the Marlborough Global Bond Fund in 1987. This was to provide tax efficient savings for his clients. In 1998 he started the Marlborough Bond Income Fund, a corporate bond fund which he continues to run alongside various other Marlborough funds.
Nicholas Cooling
Nicholas Cooling was born in Liverpool in 1964 and was educated at Monmouth School. After graduating from Portsmouth University in 1985 with a BA (Hons) degree in Geography, Nicholas joined Lloyds Life Assurance Limited in Peterborough.In 1991 Nicholas joined, as a Fund Manager, the asset management company which later became Marlborough Investment Management Limited. He was responsible for a total re-organisation of its investment processes, the positive results of which formed the platform for significant expansion of the business.He was appointed investment director of Marlborough Fund Managers Limited during 1998. On a day-to-day basis Nicholas, together with colleagues Gurjit Soggi and Raj Manon, is responsible for the management of Marlborough's three risk graded Fund of Funds products. He is the front line manager for the successful Marlborough Balanced Fund.