Marlborough High Yield Fixed Intere

Quick Stats

Bid Price GBX 77.09 Offer Price GBX 81.58
Mid Price - Day Change GBX -0.03 (-0.04%)
Price Date 23 Jun 2017 Crown Rating 5
Shares Class Inc. Yield 5.27 %
Total Expense Ratio 0.00 Fund Size 61,846,512.16
Launch Date 29/11/2004 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 50,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B8YR0910 Min TopUp (£) 1,000.00

Fund Objective

The objective of the scheme is to provide a high level of income with the opportunity for some long-term capital growth. The Scheme will invest in a portfolio largely comprising fixed, variable rate and index related securities issued by corporates, government, supranational institutions and local and regional agencies, both in the UK and internationally, as well as other securities deemed to be appropriate by the Manager.

Fund Managers

Steven Logan
Steven Logan is Head of European High Yield Bonds and joined Aberdeen following the SWIP acquisition in April 2014. Steve joined SWIP in 2001 as an Investment Director and became Head of European High Yield in 2006. Steven joined SWIP from Standard Life Investments where he was a Credit Analyst and instrumental in the launch of their High Yield Bond fund. Previously, Steve was part of the Leveraged Finance Team at Sumitomo Trust, working on some of Europe’s earliest High Yield Bond issues, leveraged loan and mezzanine transactions. Prior to this Steve was with Hill Samuel Bank for seven years where he worked extensively in distressed debt workout situations. Steve has 25 years credit market experience and he has been managing European High Yield portfolios for 15 years. Steven is an ACIB (Associate of the Chartered Institute of Bankers) and holds a BA (Hons) in Banking and Finance.
Ben Pakenham
Ben has more than 10 years’ experience in high yield and has been part of the investment team since 2011.