IFSL Marlborough Global High Yield Bond Fund Class P Income

The aim of the Fund is to increase the value of an investment over a minimum of 5 years. The Fund will do this through a combination of income received by the Fund, which is money paid out of investments as interest and capital growth, which is profit on investments held. The Fund aims to outperform the Bloomberg Global High Yield Corporate Index (GBP Hedged) over any 5-year period, after any charges or expenses have been taken out of the Fund. The Fund is actively managed which means the Investment Manager decides which investments to buy or sell, and when. At least 80% of the Fund will be invested in high yield bonds issued by companies and institutions. These will be sub-investment grade or unrated bonds, which are loans issued by entities which can be more vulnerable to changing market conditions and typically pay higher rates of interest than investment grade bonds.