£1.16£0.00 (0.0001%)514 Jan 2025
Last Price£1.16Day Change£0.00 (0.0001%)
Price Date14 Jan 2025Morningstar Rating5
Shares ClassAccYield4.78%
Last Ex-Dividend Date2020-01-01Dividend Frequency-
Sector£ Corporate BondFund Size0.00
Launch Date2020-01-01Standard Initial Charge0.00%
Ongoing cost0.25%Annual Management Charge0.00%
ISINGB00BMWSRZ99

Fund Objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the Markit iBoxx EUR Corporates 1-3 year Index (GBP Hedged) over any five-year period. At least 80% of the Fund is invested, directly or indirectly through derivatives, in short-dated investment grade fixed and floating rate corporate debt securities and in Asset-Backed Securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.

Fund Managers

M&G Securities Ltd