MI TwentyFour AM Core Corporate Bond Fund A Income shares

Buy/Sell Price  (as of 19/10/2017) £1.04597   Day Change :  0.14%     Fund Code:   

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Fidelity Personal Investing's View

Provider Logo


Chris joined Ignis in 2004 as Head of Credit and manages a total credit team of seven individuals focusing primarily on Sterling investment grade credit. For the four years prior to Ignis, Chris was at AEGON UK where he ran the Rates desk and was in charge of Gilts and International Bonds. Between late 1993 and 2000 Chris was a senior fixed income portfolio manager for Murray Johnstone Ltd (which was acquired by Aberdeen Asset Management) and prior to this Chris was a programmer with National Australia Bank. Chris graduated from Strathclyde University in 1992 with a BA (Hons) in Economics and qualified as an Associate of the Society of Investment Professionals in 1997.
Investment House -
Fund ProviderPhoenix Fund Services (UK) Ltd
ManagerChris Bowie   Biography

Fund Objective The investment objective of the Fund is to exceed the median return (meaning the return which is the mid-point between the highest and lowest returns over the relevant term, as measured by the data produced by the IA which provides figures showing the highest and lowest total return as calculated by the IA for the funds in the Ia £ Corporate Bond Sector over the relevant term) of the IMA £ Corporate Bond Sector over the medium to long term based on a combination of income (meaning income received through holding investments - such as interest received on bonds) and capital growth (meaning the growth in value/price of investments held by the Fund). The Fund will aim to achieve a positive return although the objective is to exceed the return of the IA £ Corporate Bond Sector, which may be negative in unfavourable market conditions.

Key Statistics

Fund Status
Fund Type -
12-Month NAV High £1.06
12-Month NAV Low £1.01
Fund Comparative Index -
Morningstar CategoryTMGBP Corporate Bond
Dividend Frequency -

Annual Charges

Morningstar ratings

3 YearsN/A
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  19/10/2017

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.