|Bid Price||-||Offer Price||-|
|Mid Price||GBX 90.00||Day Change||GBX +0.10 (0.11%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||5.30 %|
|Total Expense Ratio||1.63||Fund Size||190,865,972.26|
|Launch Date||16/08/1999||Standard Initial Charge (%)||3.50|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.63|
|ISIN||GB0031643892||Min TopUp (£)||100.00|
To give either an income or growth (when income is kept within the fund). To do so by investing predominantly in corporate bonds and other fixed interest securities issued by companies and governments operating in the USA, the UK and Europe. The majority of the fund will be in non-investment grade bonds with a higher than average risk.Non-investment grade bonds have not been awarded the minimum rating required to meet the investment grade rating. Therefore they are considered higher risk than bonds with a higher credit rating. Credit ratings indicate the likelihood that an issuer will be able to make their payments.
Greg Hopper is a Senior Portfolio Manager and head of the Global High Yield strategy on the North American Fixed Income team. Greg began his investment career at Drexel Burnham Lambert in 1985 before joining Mitchell Hutchins Institutional Investors and then Bankers Trust. In 2000, following the acquisition of Bankers Trust by Deutsche Bank, he joined Harris Investment Management, where he launched their High Yield bond product and then Zurich Scudder Investments, where he was responsible for all institutional high yield bond portfolios. After Deutsche Bank acquired Zurich Scudder in 2002, Greg moved to Artio Global Investors, launching the Global High Income strategy that Aberdeen added to their offerings following their acquisition of Artio in 2013. Greg graduated with a BA in economics from Beloit College, Beloit, Wisconsin and an MBA from Columbia University.
Global High Yield Team