MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the Fund and/or income received from those assets) by tracking closely the performance of a composite benchmark (i.e. a benchmark comprised of two or more other benchmarks) comprising of the Bank of America Merrill Lynch Sterling Corporate Securities 1-5 Year Index and the Bank of America Merrill Lynch Sterling Corporate Securities 5 -10 Year Index, the Fund’s benchmark indices. The Fund is passively managed and the investment manager has limited discretion to select the Fund’s investments and in doing so may take into consideration the benchmark index. The Fund invests in fixed income securities (such as bonds) that make up the benchmark indices and, at the time of purchase, comply with the credit rating requirements of the benchmark indices. The benchmark indices measure the performance of Sterling denominated fixed income securities publicly issued by companies in the Eurobond or United Kingdom markets. The fixed income securities will pay income according to a fixed rate of interest and will be investment grade (i.e. meet a specified level of credit worthiness) at the time of inclusion in the benchmark indices. They will have a time to maturity (i.e. the time they become due for repayment) of between 1 and 10 years.

Fund Managers

Duncan Fergusson

Duncan Fergusson, Director and portfolio manager, is a member of BlackRock's Model-Based Fixed Income Portfolio Management Group. Mr. Fergusson's service with the firm dates back to 2003, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a member of the Portfolio Solutions team. Prior to this, he worked on the Securities Lending team. Mr. Fergusson earned a BSc degree in business administration from the University of Bath.