MI TwentyFour AM Monument Bond I Inc (FUND:B3XVTT2) - Fund price

Fund Report

MI TwentyFour AM Monument Bond Fund I Income shares

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date10/08/2009
NAV 01/06/2020GBP 108.08
Day Change0.07%
12 Month Yield1.77%
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/20201,304.17 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.63%
Fund Rebate0.05%

Morningstar Rating™

Not Rated

Morningstar® Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/05/2020

How has this security performed
  • Fund: MI TwentyFour AM Monument Bond Fund I Income shares
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 01/06/2020
3 Years Annualised0.79
5 Years Annualised1.33
10 Years Annualised2.41

Morningstar SRRI

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

Investment Objective

The Fund aims to provide an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation. The investment policy is to invest in a diversified portfolio of European and Australian residential mortgage-backed securities (“RMBS”) rated at least AA- (or equivalent) at the time of investment by one or more of Standard & Poor’s, Moody’s Investor Services and Fitch although it is expected that the majority of the RMBS will be rated AAA (or equivalent) at the time of investment. From time to time it is possible that a significant portion of the portfolio may be invested in securities from a particular geographical region.

Portfolio Profile30/04/2020

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%
Agency Mortgage Backed51.71
Cash & Equivalents23.21
Asset Backed19.02
Corporate Bond4.53
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioSilverstone Master Issuer PLC 0.96% 2070-01-21United Kingdom2.66
IncreaseKENRICK NO. 3 PLC 1.12% 2054-10-11United Kingdom2.17
Canterbury Finance No.1 Plc 2.06% 2056-05-16United Kingdom1.37
Durham Mortgages A PLC 2.15% 2053-03-31United Kingdom1.21
Towd Point Mortgage Funding 2019-Granite4 PLC 2.06% 2051-10-20United Kingdom1.15
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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