99.03p-0.09p (-0.0009%)324 Dec 2024
Last Price99.03pDay Change-0.09p (-0.0009%)
Price Date24 Dec 2024Morningstar Rating3
Shares ClassIncYield3.68%
Last Ex-Dividend Date2020-01-01Dividend Frequency-
Sector£ Strategic BondFund Size0.00
Launch Date2020-01-01Standard Initial Charge0.00%
Ongoing cost0.43%Annual Management Charge0.00%
ISINGB00BDFZQW47

Fund Objective

The aim of this Fund is to generate an income return combined with any capital growth over a period of three years or less. The Fund invests at least 80% of its Net Asset Value in bonds (including index-linked bonds) with a bias towards shorter maturities and money market instruments, issued by governments and companies diversified globally (including emerging markets), with the aim of reducing the effect of fluctuations in interest rates and market volatility while generating an income return. The Fund may invest up to 60% of its Net Asset Value in ‘sub-investment grade’ bonds.

Fund Managers

AXA Investment Managers UK Ltd