|Bid Price||-||Offer Price||-|
|Mid Price||GBX 108.96||Day Change||GBX +0.33 (0.30%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.71 %|
|Total Expense Ratio||1.30||Fund Size||192,200,000.00|
|Launch Date||21/07/2003||Standard Initial Charge (%)||3.00|
|Annual Management Charge (%)||1.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.30|
|ISIN||GB0032466749||Min TopUp (£)||0.00|
To provide a return from a portfolio investing mainly in gilts and investment grade corporate bonds. The fund will invest in a portfolio primarily of government and corporate bonds and other fixed and floating rate securities denominated mainly in sterling and issued by governments, government agencies, supra nationals and corporate issuers (including preference shares). Corporate bonds and other securities purchased by the fund will be of investment grade. The fund may also invest in other transferable securities and collective investment schemes. As well as investing in the Government of the United Kingdom and Northern Ireland, the fund may invest in Government and other public securities of the following EEA States: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain and Sweden and, in addition, the Governments of Australia, Canada, Japan, New Zealand, Norway, Switzerland and the United States of America.
Kevin Watson is head of NFU Mutual's Fixed Interest team and has overall responsibility for the Gilt & Corporate Bond Fund. Kevin joined NFU Mutual in October 1984 as an Investment Analyst and has been a Fund Manager since 1990. Kevin graduated in 1984 with a first class honours degree in Economics from the London School of Economics and is a Member of the Securities Institute.