|Bid Price||-||Offer Price||-|
|Mid Price||EUR 1.00||Day Change||EUR 0.00 (-0.74%)|
|Price Date||20 Nov 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.30 %|
|Total Expense Ratio||1.13||Fund Size||1,982,945,736.87|
|Launch Date||29/04/2009||Standard Initial Charge (%)||3.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||2,500.00||Total Expense Ratio (%)||1.13|
|ISIN||GB00B3Z63590||Min TopUp (£)||50,000.00|
The aim of the Fund is to make a positive return for you over a rolling 18 to 24 month period, notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies. At least two-thirds of the Fund’s assets will be in long and short positions in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments worldwide and in other debt securities including money market securities and, when appropriate, cash. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices). The Fund may also invest in asset classes and instruments different from those stated above.
Barrie Whitman joined the company in 1999 and is currently Head of High Yield, EMEA, with responsibility for our high yield fixed income team in London. He manages the Threadneedle High Yield Bond, European High Yield Bond and Strategic Bond Funds as well as a number of institutional mandates. He is also co-manager of the Threadneedle Credit Opportunities Fund.Barrie began his investment career in 1987 at United Bank of Kuwait as a credit analyst specialising in high yield bond investment. In 1990 he became a high yield fund manager and, in 1996, CIO for High Yield Investments. He then moved to Standard Bank London in 1997 as Head of European High Yield and Distressed Debt.Barrie graduated in 1982 with a BSc in Economics and Accounting from Hull University and qualified as a Chartered Accountant in 1986. He is also a member of the Institute of Chartered Accounts in England and Wales.