£0.78£-0.00 (-0.0026%)319 Dec 2024
Last Price£0.78Day Change£-0.00 (-0.0026%)
Price Date19 Dec 2024Morningstar Rating3
Shares ClassIncYield4.42%
Last Ex-Dividend Date2020-01-01Dividend Frequency-
Sector£ High YieldFund Size0.00
Launch Date2020-01-01Standard Initial Charge0.00%
Ongoing cost0.48%Annual Management Charge0.00%
ISINIE00B979BF49

Fund Objective

The investment objective of the Fund is to provide income, the Fund will seek to achieve its objective on an active basis. The Fund will predominantly invest in fixed and floating rate sub-investment grade debt securities with a short duration of approximately 2 years, which will primarily include corporate bonds which are listed or dealt on the Recognised Markets, across the high yield credit spectrum. The Fund will also invest a small portion in fixed and floating rate investment grade securities, which will primarily include bonds. The Fund will also invest in fixed and floating rate investment grade and sub-investment grade government bonds which are listed or dealt on the Recognised Markets. The Fund may also invest in investment grade and non-investment grade fixed-income or floating rate securities that include zero coupon bonds, deferred interest bonds and bonds on which the interest is payable in the form of additional bonds of the same kind.

Fund Managers

Royal London Asset Management Ltd