|Bid Price||GBX 70.01||Offer Price||GBX 74.28|
|Mid Price||-||Day Change||GBX +0.02 (0.03%)|
|Price Date||18 Feb 2019||Crown Rating|
|Shares Class||Inc.||Yield||4.57 %|
|Last Ex-Dividend Date||28 September 2018||Dividend Frequency||Quarterly|
|Sector||Sterling High Yield||Fund Size||74,738,046.70|
|Launch Date||29/11/2004||Standard Initial Charge||5.25%|
|Ongoing cost||1.59%||Annual Management Charge||1.50%|
The objective of the scheme is to provide a high level of income with the opportunity for some long-term capital growth. The Scheme will invest in a portfolio largely comprising fixed, variable rate and index related securities issued by corporates, government, supranational institutions and local and regional agencies, both in the UK and internationally, as well as other securities deemed to be appropriate by the Manager.
Steven has 25 years' credit market experience and has been managing European high yield portfolios for 15 years. He is an Associate of the Chartered Institute of Bankers
Ben has more than 10 years’ experience in high yield and has been part of the investment team since 2011.