Quick Stats

Last Price £1.20 Day Change £0.00 (0.0006%)
Price Date 30 Nov 2023 Morningstar Rating 3
Shares Class Acc Yield 0.00 %
Last Ex-Dividend Date 01 January 2020 Dividend Frequency -
Sector Global Mixed Bond Fund Size 0.00
Launch Date 01/01/2020 Standard Initial Charge 0.00%
Ongoing cost 0.79% Annual Management Charge 0.00%

Fund Objective

The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield returns while exhibiting lower volatility relative to the global high yield market. The Fund will seek to achieve its objective over a rolling period of any five years, by investing at least 80% in a diversified portfolio of debt securities (as referenced in the Categories of Investments section below). The Fund may take long positions and/or generate Synthetic Short Exposure through the use of FDIs. The securities in which the Fund may invest will be selected on a global basis.

Fund Managers

Hermes Fund Managers Ireland Ltd