| Shares Class | Inc. |
|---|---|
| Yield | 2.15 |
| Total Expense Ratio | 0.00 |
Cumulative Performance
Discrete Performance
| Fund Size | 372,000,000.00 | Launch Date | 11/12/2000 | Standard Initial Charge (%) | 5.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.60 |
| Sector | IMA UK Equity Income | Min Investment (£) | 50,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BFLTL413 | Min Topup (£) | 5,000.00 | Ongoing Charge (%) | 0.6400 (on 23/07/2020) |
The Fund is a 100% investment grade bond fund in the IA UK Corporate Bond sector. As a further quality control, the fund will always hold 25%-35% in AAA rated debt. The fund managers maintain a diverse portfolio in excess of 100 holdings and the focus is on high quality issuance which helps to maintain low volatility. Within the bounds of investing in Investment Grade corporate bonds and UK Government Gilts, the fund is flexible in the underlying duration of its holdings and seeks to protect against both credit and interest rate risk.
Jeremy Wharton
Jeremy Wharton - Joint Chief Investment Officer, He had a 14 year career in the City during which he worked in the Gilt market and co-founded an independent Gilt broker. He then spent 5 years as a professional investor in derivatives, trading a global macro derivatives book. He is a Chartered Fellow of the Chartered Institute for Securities & Investment and holds Financial Express Alpha Manager status. Jerry has managed our Investment Grade Fixed Interest Fund since 2004 and has co-managed Tenax with James Mahon since inception of the fund in 2007.
| Name | Weight |
|---|---|
| Money Market | 0.00% |
| UK Equities | 4.00% |
| UK Fixed Interest | 94.00% |
| Name | Weight |
|---|---|
| Equities | 4.00% |
| Fixed Interest | 0.00% |
| Money Market | 0.00% |
| Others | 4.00% |
| Name | Weight |
|---|---|
| BANK OF AMERICA CORP 7% SNR NT | 2.00% |
| CANADA PENSION PLAN 1.125% 12/ | 2.00% |
| GOLDMAN SACHS GROUP INC 7.25% | 2.00% |
| ANZ COVERED 1.144% 01/2022 | 1.00% |
| AP MOLLER-MAERSK A/S 4% BDS 04 | 1.00% |
| GCP INFRASTRUCTURE 8% 12/2044 | 1.00% |
| III GROUP 3.75% 06/2040 | 1.00% |
| M&G PLC 5.625% 10/2031 | 1.00% |
| ROYAL BANK OF CANADA (SONIA) 0 | 1.00% |
| SOUTHERN WATER SERVICES FINANC | 1.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
