Aviva Investors Managed Hi Inc 2 GBP Inc (FUND:0446303) - Fund price

Fund Report

Aviva Investors Managed High Income Fund 2 GBP Inc

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameChris Higham
Inception Date01/05/2002
NAV 16/09/2021GBX 79.72
Day Change-0.09%
12 Month Yield3.45%
Dividend FrequencyMonthly
Net Assets (mil) 31/08/2021126.27 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:45:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.63%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar® Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

50% BBgBarc Gbl HY xCMBS xEMG 2% Cap, 10% JPM EMBI Global Hdg TR GBP, 40% Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Bloomberg Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 31/08/2021

How has this security performed
  • Fund: Aviva Investors Managed High Income Fund 2 GBP Inc
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 16/09/2021
3 Years Annualised5.724.233.95
5 Years Annualised4.093.132.15
10 Years Annualised6.054.323.27

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund will invest in bonds issued by companies and aims to provide an income of at least 110% of the income return of the benchmark, and an overall net return greater than the benchmark over the long term (5 years or more). At least 80% of the Fund will be invested in bonds (including those issued by governments and supranational organisations) issued in Sterling or hedged to Sterling, including exposure to emergingmarkets. A maximum of 70% of the Fund may be invested in sub-investment grade bonds, which have been independently rated as sub-investment grade with a credit rating below BBB-/Baa3.

Portfolio Profile31/08/2021

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond68.31
Cash & Equivalents4.14
Government Related2.61
Top Holdings
IncreaseDecreaseNew since last portfolio
Aviva Investors Em Mkts Bd Zqh EUR Inc Luxembourg9.61
United Kingdom of Great Britain and Northern Ireland 4.75% 2038-12-07United Kingdom1.93
AT&T Inc 4.25% 2043-06-01United States1.76
New since last portfolioLegal & General Gp 0% 2045-10-27United Kingdom1.76
European Investment Bank 4.5% 2044-03-07Supranational1.67
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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