|Bid Price||GBX 148.40||Offer Price||GBX 156.20|
|Mid Price||-||Day Change||GBX -0.10 (-0.07%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||4.63 %|
|Total Expense Ratio||1.57||Fund Size||809,531,570.66|
|Launch Date||06/04/2010||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.08||Sector||IMA UK Equity Income|
|Min Investment (£)||1,500.00||Total Expense Ratio (%)||1.57|
|ISIN||GB00B62VYF56||Min TopUp (£)||1,000.00|
The Trust aims to provide a combination of income and capital growth. To achieve this, the Trust principally invests in a portfolio of corporate debt securities, focusing on senior secured North American high yield instruments with some investment in senior secured European high yield instruments. The Trust may also invest in any other geographic area.
Mr. Stone is the head of Oaktree’s high yield bond area. In this capacity, he serves as co-portfolio manager of Oaktree’s U.S. High Yield Bond and Global High Yield Bond strategies and has supervisory responsibility for European High Yield Bonds. Mr. Stone, a co-founding member of Oaktree in 1995, established TCW’s High Yield Bond department with Howard Marks in 1985 and ran the department for ten years. Prior to joining TCW, Mr. Stone worked with Mr. Marks at Citibank for two years where he performed credit analysis and managed high yield bond portfolios. From 1978 to 1983, Mr. Stone worked at The Prudential Insurance Company where he was a director of corporate finance, managing a fixed income portfolio exceeding $1 billion. Mr. Stone holds a B.A. degree from Bowdoin College and an M.B.A. in accounting and finance from Columbia University. Mr. Stone serves as a Trustee of Colonial Williamsburg Foundation and Bowdoin College.
Mr. Sandro Näf