Quick Stats

Bid Price GBX 117.10 Offer Price GBX 117.10
Mid Price - Day Change GBX -0.30 (-0.26%)
Price Date 18 Oct 2017 Crown Rating 1
Shares Class Inc. Yield 4.60 %
Total Expense Ratio 1.00 Fund Size 283,570,000.00
Launch Date 06/02/1997 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 100.00 Total Expense Ratio (%) 1.00
ISIN GB0005750145 Min TopUp (£) 25.00

Fund Objective

The Fund objective is to provide a high level of income, defined as the quoted average yield of the Investment Association peer group which is the Strategic Bond peer group. The Fund invests in both corporate and government bonds of any duration and equities across global markets. Lower risk bonds (called ’investment grade’) and higher risk bonds rated by Standard and Poor’s below BBB- (called ’sub investment grade’) will be held. A bond is a type of loan that pays interest. The Investment adviser has appointed three specialist investment advisers to each manage a portion of the Fund. This provides a blend of complementary investment approaches to achieve the Fund’s investment strategy. The fund may invest up to 10% of its assets in other funds. The fund employs a Total Return strategy which has a flexible allocation across the global bond universe and currency markets. Through seeking multiple sources of return the strategy aims, over an investment cycle, to achieve risk-adjusted returns above those of the investment universe. Income and accumulation units are available. You may sell your investment by contacting the Manager during the dealing hours noted in the Prospectus. Your units will be sold at 8am the following Business Day. Income is either paid to you or reinvested into the Fund and reflected in the value of your investment. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years.