MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to provide a return, from a combination of income and capital growth over the long term. Performance target: To outperform the Markit iBoxx GBP Non-Gilts all maturities Index by 1% per annum, before the deduction of charges, over any 5 year period. The Fund invests at least 80% of its assets in Sterling-denominated investment grade (equivalent to BBB rated or higher) corporate bonds. The investment manager may use derivatives (complex financial instruments), including total return swaps, with the aim of making investment gains in line with the Fund’s objective, to reduce risk or to manage the Fund more efficiently. The Fund is actively managed with reference to the Markit iBoxx GBP Non-Gilts all maturities Index, which is broadly representative of the bonds in which it may invest, as this forms the basis of the Fund’s performance target. The investment manager has discretion to choose investments for the Fund with weightings different to the index or not in the index. As an additional means of assessing the performance of the Fund, the IA Sterling Corporate Bond sector average, which is based on a peer group of broadly similar funds, may also provide a useful comparator.

Fund Managers

Philip Payne

Philip Payne is a Corporate Credit Portfolio Manager at Janus Henderson Investors, a position he has held since 2003. He co-manages the Sterling Investment-Grade strategies. Philip joined Henderson in 2000, was named a junior portfolio manager in 2002 and portfolio manager in 2003. Prior to Henderson, he was a trader’s assistant at Capital Market Options Limited while he attended university. Philip graduated with a BA degree (Hons) in financial services from Nottingham Trent University. He holds the Chartered Financial Analyst designation and has 20 years of financial industry experience.

James Briggs

James Briggs is a Portfolio Manager on Corporate Credit at Janus Henderson Investors responsible for the Buy and Maintain, Global Corporate Bond, and Global Investment Grade strategies. James joined Henderson in 2005 as a credit analyst and was named a portfolio manager in 2010. Prior to this, he was a credit analyst with BlueBay Asset Management and a high-yield analyst with Invesco Asset Management. James graduated with a BA degree (Hons) in philosophy from University College London. He is a member of the Institute of Chartered Accountants in England and Wales and holds the Chartered Financial Analyst designation. He has 23 years of financial industry experience.