MI TwentyFour AM Dynamic Bond I Acc (FUND:B5VRV67) - Fund price


Fund Report

MI TwentyFour AM Dynamic Bond Fund I Accumulation shares

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager Name-
Inception Date26/04/2010
NAV 19/07/2019GBP 167.88
Day Change0.04%
12 Month Yield4.20%
ISINGB00B5VRV677
Dividend FrequencyQuarterly
Net Assets (mil) 30/04/20191,891.35 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 Cost0.77%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
201420152016201720182019
Fund5.742.584.478.88-2.425.86
Category4.430.345.774.55-2.855.83
Benchmark7.921.393.661.930.105.05
  • Fund: MI TwentyFour AM Dynamic Bond Fund I Accumulation shares
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 19/07/2019
FundCatBmark
YTD6.126.295.33
3 Years Annualised5.202.951.59
5 Years Annualised3.912.833.12
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The Dynamic Bond Fund aims to provide an attractive level of income along with an opportunity for capital growth, by investing in a broad range of bonds and fixed income assets. The investment policy of the Sub-Fund is to adopt a highly flexible approach that enables the Investment Adviser to take advantage of prevailing market conditions as they change over time. The Sub-Fund may invest in, or otherwise obtain exposure to, debt instruments from the whole range of fixed income assets including high yield bonds, investment grade bonds, government bonds, asset-backed securities and other bonds (such as, for example, emerging market sovereign bonds or bank capital perpetual b

Portfolio Profile30/04/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks2.150.002.15
Bonds79.010.0079.01
Cash3.250.282.97
Other15.880.0015.88
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond38.88
Government30.30
Convertible15.81
Asset Backed8.61
Cash & Equivalents3.25
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioUnited States Treasury Notes 2.25% 2021-03-31United States11.00
IncreaseUnited States Treasury Notes 3.12% 2028-11-15United States6.90
DecreaseUnited States Treasury Notes 1% 2019-11-30United States4.18
IncreaseSpain (Kingdom of) 1.45% 2029-04-30Spain4.14
IncreaseUnited States Treasury Bonds 3.38% 2048-11-15United States2.92
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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