MI Twentyfour Core Corporate Bond Fund

Select share classes
There is only one type of share class for this fund.

MI TwentyFour Core Corporate Bond Fund A Gross Income shares

Category GBP Corporate Bond


star-filledstar-filledstar-filledstar-filled
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£0.87614

arrow-up£0.001 (+0.08%)

Fund Code

TWCAI

BDD0M01

GB00BDD0M018

Prices updated as at 18 Apr 2024
|
Prices in GBP

Investment objective
The Sub-Fund aims to exceed the return of the iBoxx GBP Corporate Bond Index over a rolling 3 year period based on a combination of income and capital growth. The Sub-Fund will seek to achieve its investment objective by investing primarily in Investment Grade Sterling denominated corporate bonds, or bonds denominated in currencies other than Sterling but hedged to Sterling. Interest rate risk (duration) will be restricted to being within 2 years +/- versus the benchmark duration. Sector limits to be applied are that the total weight of ‘Banking’ sector exposures cannot be greater than 10% above the benchmark weight, and similarly the total exposure to ‘Financials’ cannot be greater than 10% above the benchmark weight.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerChris Bowie
0.9
0.82
Fund comparative indexMarkit iBoxx GBP Corp TR
-
-
0.40
0.00
0.00
GBP Corporate Bond
No
Fund providerTwentyFour Asset Management LLP
Share class launch date25 Jan 2016
-
0.00
-
-
Quarterly
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.