Morgan Stanley UK Sterling Corp Bd I Inc (FUND:3248733) - Fund price - Overview

Fund Report

Morgan Stanley Funds (UK) Sterling Corporate Bond Fund I Income Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameLeon Grenyer
Inception Date03/02/2003
NAV 17/11/2017GBP 15.74
Day Change-0.02%
12 Month Yield2.59%
ISINGB0032487331
SEDOL3248733
Dividend FrequencySemi-Annually
Net Assets (mil) 30/06/2017216.88 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment500,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.37%
AMC0.40%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 30/09/2017

Benchmarks

Fund Benchmark

BofAML Sterling NonGilts TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/10/2017

How has this security performed
20132014201520162017
Fund2.2910.910.728.864.10
Category1.6810.680.389.713.48
Benchmark1.6412.510.7012.273.16
  • Fund: Morgan Stanley Funds (UK) Sterling Corporate Bond Fund I Income Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 17/11/2017
FundCatBmark
YTD3.983.583.09
3 Years Annualised5.125.246.16
5 Years Annualised5.465.375.96
10 Years Annualised6.796.116.32

Morningstar SRRI

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

Investment Objective

The objective of the Fund is to provide an attractive rate of return through investment primarily in sterling corporate and other sterling non-gilt fixed interest securities. A proportion of the Fund may also invest in non-sterling fixed interest securities as well as UK gilts. Any significant change in the investment objective and policies of a Fund may normally be made only with the approval of the FSA and the approval of the shareholders of the Company or, as the case may be, the relevant Fund by extraordinary resolution passed at a duly convened meeting.

Portfolio Profile30/06/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds93.240.0093.24
Cash2.530.541.99
Other4.770.004.77
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond87.16
Government Related3.46
Non-Agency Residential Mortgage Backed2.53
Cash & Equivalents2.46
Asset Backed1.49
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Lloyds Bk 7.625% 2025-04-22United Kingdom1.25
Anheuser-Busch Inb 2.85% 2037-05-25Belgium1.13
Euro Inv Bk 4.625% 2054-10-12Supranational1.09
Intesa Sanpaolo 5.25% 2022-01-28Italy1.03
Goldman Sachs Grp 4.25% 2026-01-29United States0.94
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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