Marks & Spencer High Income Acc (FUND:3001334) - Fund price - Overview

Fund Report

Marks & Spencer High Income Acc

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager Name-
Inception Date19/02/1997
NAV 16/03/2018GBX 257.90
Day Change-0.12%
12 Month Yield2.08%
Dividend FrequencyQuarterly
Net Assets (mil) 28/02/2018273.81 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.92%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 28/02/2018

How has this security performed
  • Fund: Marks & Spencer High Income Acc
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 16/03/2018
3 Years Annualised2.932.741.56
5 Years Annualised3.393.492.74
10 Years Annualised4.406.384.09

Morningstar SRRI

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

Investment Objective

The Fund’s objective is to provide a high level of income, defined as the quoted average yield of funds in its Investment Association peer group which is the Strategic Bond peer group. The Fund invests in both corporate and government bonds of any duration and equities across global markets. Lower risk bonds (called ’investment grade’) and higher risk bonds rated by Standard and Poor’s below BBB- (called ’sub investment grade’) will be held. A bond is a type of loan that pays interest. The Fund can use borrowing and may also use a technique known as efficient portfolio management which aims to reduce risk or cost to the Fund in circumstances where this is likely to be of benefit. The Fund may invest up to 10% of its assets in other funds.

Portfolio Profile28/02/2018

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 Bond60.68
Cash & Equivalents8.18
Asset Backed4.82
Government Related2.70
Top Holdings
IncreaseDecreaseNew since last portfolio
Euro Inv Bk 4.5% 2044-03-07Supranational2.28
Kreditanst Fur Wie 5.75% 2032-06-07Germany1.82
New since last portfolioIcf Ice Long Gilt Future June 2018 2018-06-27United Kingdom1.81
US Treasury Note 2% 2022-11-30United States1.47
United Kingdom (Government Of) 1.5% 2021-01-22United Kingdom1.21
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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