MI TwentyFour AM Ast Backd Inc A Inc Grs (FUND:B987629) - Fund price - Overview

Fund Report

MI TwentyFour AM Asset Backed Income Fund A Income Gross shares

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date16/01/2013
NAV 19/05/2017GBP 1.19
Day Change0.08%
12 Month Yield5.60%
ISINGB00B9876293
SEDOLB987629
Dividend FrequencySemi-Annually
Net Assets (mil) 31/01/2017140.87 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge5.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.66%
AMC0.71%
Fund Rebate-

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) 30/04/2017

How has this security performed
20132014201520162017
Fund-11.43-0.473.645.66
  • Fund: MI TwentyFour AM Asset Backed Income Fund A Income Gross shares
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 19/05/2017
Fund
YTD6.33
3 Years Annualised4.13
5 Years Annualised-
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to provide an attractive level of income along with an opportunity for capital growth.

Portfolio Profile31/01/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds81.740.0081.74
Cash3.430.013.43
Other14.830.0014.83
Top Fixed Income Sectors
Fixed Income Sector%
Non-Agency Residential Mortgage Backed60.65
Asset Backed30.13
Cash & Equivalents4.66
Corporate Bond2.19
Commercial Mortgage Backed1.45
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
UK Mortgages Guernsey6.50
Lusitano Mtg No.5 FRN 2059-07-26Ireland3.76
Intesa Sec 3 Srl FRN 2033-10-30Italy3.29
Sc Germany Consumer Series 15-1 Class E 2028-12-132.53
Optimum Holdings Series 1 Class Mezz 2018-12-31United Kingdom2.48
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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