MI TwentyFour AM Monument Bond I Acc Grs (FUND:B4XMPS3) - Fund price - Overview

Fund Report

MI TwentyFour AM Monument Bond Fund I Accumulation Gross shares

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date08/10/2009
NAV 22/11/2017GBP 140.44
Day Change-0.01%
12 Month Yield2.18%
ISINGB00B4XMPS34
SEDOLB4XMPS3
Dividend FrequencySemi-Annually
Net Assets (mil) 31/10/2017390.43 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
Fund Ongoing Charge0.80%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Not Categorized

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

How has this security performed
20132014201520162017
Fund4.624.48-2.254.014.61
  • Fund: MI TwentyFour AM Monument Bond Fund I Accumulation Gross shares
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 22/11/2017
Fund
YTD4.79
3 Years Annualised2.07
5 Years Annualised3.23
10 Years Annualised-

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 Profile31/10/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds87.130.0087.13
Cash3.740.023.72
Other9.150.009.15
Top Fixed Income Sectors
Fixed Income Sector%
Agency Mortgage Backed78.45
Asset Backed14.85
Cash & Equivalents5.00
Corporate Bond1.71
Future/Forward-0.01
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Warwick Fin Res.M2 2.32938% 2049-09-21United Kingdom3.20
Holmes Master Issuer Series 17-1 Class A2 2054-10-15United Kingdom2.57
Warwick Fin Res.Mt 1.82938% 2049-09-21United Kingdom2.04
Ripon Mort. 1.7815% 2056-08-20United Kingdom2.04
Pref Res Sec 06-1 FRN 2043-12-15United Kingdom1.99
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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