|Bid Price||-||Offer Price||-|
|Mid Price||GBP 1.52||Day Change||GBP +0.01 (0.69%)|
|Price Date||19 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.40 %|
|Total Expense Ratio||0.59||Fund Size||169,912,583.24|
|Launch Date||22/10/2002||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.59|
|ISIN||GB00B3N3T326||Min TopUp (£)||25,000.00|
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in higher rated bonds (which are similar to a loan and pay a fixed or variable interest rate) priced in Euro and issued by companies in Europe or companies that have significant operations there. Higher rated bonds, as defined by international agencies that provide such ratings, are considered safer than lower rated bonds but typically pay a lower income. Where the Fund invests in bonds that are not priced in Euro, the Fund may take measures that aim to mitigate the risk of currency movements against the Euro. The Fund may also invest in asset classes and instruments different from those stated above.
Alasdair Ross joined the company in 2003 and is currently Head of Investment Grade Portfolio Management, EMEA, with responsibility for our UK and European investment grade corporate credit teams in London. He is also lead portfolio manager for UK, Euro and Global credit portfolios which include the Threadneedle European Corporate Bond Fund, the Threadneedle Global Corporate Bond Fund and the Threadneedle Pensions Corporate Bond Fund.Alasdair’s investment background is as a relative value focused, bottom-up investment grade credit analyst. Between joining the company in 2003 and becoming a portfolio manager in 2007, he had responsibility for covering the TMT, utility and energy sectors, as well as the sterling whole business securitisation sector.Prior to joining the company, Alasdair worked at BP plc in a rotation of commercial roles.Alasdair has a first class honours degree in Politics, Philosophy and Economics from the University of Oxford. He also holds the Chartered Financial Analyst designation.