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 24/05/2018GBP 1.22
Day Change0.03%
12 Month Yield6.21%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/01/2018103.35 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
Ongoing Cost0.65%
Fund Rebate-

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) 30/04/2018

How has this security performed
  • Fund: MI TwentyFour AM Asset Backed Income Fund A Income Gross shares
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 24/05/2018
3 Years Annualised5.14
5 Years Annualised8.36
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
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 Profile31/01/2018

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 Backed43.99
Asset Backed32.67
Corporate Bond14.32
Cash & Equivalents3.65
Non-Agency Residential Mortgage Backed2.67
Top Holdings
IncreaseDecreaseNew since last portfolio
UK Mortgages Guernsey7.66
IncreaseSc Germany Consumer Series 15-1 Class E 2028-12-134.19
Castell Series 17-1 Class E 2044-10-25United Kingdom2.95
Residential Mtg 25 FRN 2050-12-16United Kingdom2.85
Arbour Clo Series 14-2x Class Fr 2030-05-152.77
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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