|Bid Price||-||Offer Price||-|
|Mid Price||GBP 1.04||Day Change||GBP +0.00 (0.32%)|
|Price Date||18 Jul 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.41 %|
|Total Expense Ratio||0.55||Fund Size||85,502,200.00|
|Launch Date||25/01/2016||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.30||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||0.55|
|ISIN||GB00BDD0LZ91||Min TopUp (£)||0.00|
The Fund aims to provide income and capital growth and to target an overall return in excess of that achieved by the iBoxx GBP Corporate Bond Index (the benchmark index) over a rolling 3 year period.
Chris is one of the partners at TwentyFour, joining in September 2014 to create and manage the Outcome and Index Driven business line. This business line sits between the ABS and Unconstrained strategies and tends to have greater exposure to interest rate sensitive bonds, where the active management of duration risk is a key determinant of absolute and relative performance. Day to day, Chris is the lead manager for the Corporate Bond Fund and Absolute Return Credit Fund. He also is a member of the firm’s Investment Committee. Chris has 21 years of experience across fixed income markets, having been Head of Credit at Ignis for 10 years, and Head of Rates at AEGON (now Kames). Before AEGON, Chris was a senior portfolio manager at Murray Johnstone Ltd (which was acquired by Aberdeen Asset management).
Gordon joined TwentyFour in 2015 as a Portfolio Manager in the Outcome and Index Driven team. He has over 8 years of experience in fixed income. Gordon’s main responsibility is management of the firm’s Corporate Bond and Absolute Return Credit funds. Before joining TwentyFour, Gordon was a portfolio manager at Ignis Asset Management, helping to run £14bn of retail, institutional and insurance portfolios on the firm’s credit desk. Gordon worked at Ignis for 8 years, initially as an investment analyst where he covered, utilities, telecoms and insurance before joining the portfolio management team to run several euro and sterling corporate bond mandates. While at Ignis Gordon became a CFA charter holder. Prior to this Gordon worked as a Pensions Consultant at Watson Wyatt for two years, after graduating from Cambridge University in 2005 with a degree in Economics.