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 (GBP)

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameLeon Grenyer
Inception Date03/02/2003
NAV 24/04/2017GBP 15.71
Day Change-0.02%
12 Month Yield2.82%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/2016199.00 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%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

Above Average

Above Average

Sustainability Rating as of 28/02/2017


Fund Benchmark

BofAML GBP NonGilts Astk TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/03/2017

How has this security performed
  • Fund: Morgan Stanley Funds (UK) Sterling Corporate Bond Fund I Income Inc (GBP)
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 24/04/2017
3 Years Annualised6.296.458.02
5 Years Annualised7.797.188.23
10 Years Annualised6.756.116.34

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
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 Profile31/12/2016

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 Bond88.94
Government Related3.95
Cash & Equivalents2.50
Asset Backed1.42
Top Holdings
IncreaseDecreaseNew since last portfolio
Kreditanst Fur Wie 1.125% 2019-12-23Germany1.38
DecreaseKreditanst Fur Wie 1.375% 2021-02-01Germany1.29
Euro Inv Bk 5.625% 2032-06-07Supranational1.27
Intesa Sanpaolo 5.25% 2022-01-28Italy1.11
New since last portfolioThames Wtr Cayman 7.738% 2058-04-09Cayman Islands1.10
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 Trafford House, Chester Road, Manchester M32 0RS. 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.
© Copyright 2017 Morningstar. All rights reserved.