MI TwenytFour AM Asset Backed Inc A Inc (FUND:B988C57) - Share price - Overview

Fund Report

MI TwenytFour AM Asset Backed Income Fund A Income shares

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date24/01/2013
NAV 17/01/2017GBP 1.15
Day Change0.05%
12 Month Yield5.49%
ISINGB00B988C577
SEDOLB988C57
Dividend FrequencySemi-Annually
Net Assets (mil) 30/09/2016139.22 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 Charge0.70%
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) 31/12/2016

How has this security performed
20122013201420152016
Fund--11.57-0.403.62
  • Fund: MI TwenytFour AM Asset Backed Income Fund A Income shares
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 17/01/2017
Fund
YTD1.52
3 Years Annualised4.63
5 Years Annualised-
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 Profile30/09/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds84.510.0084.51
Cash4.091.802.29
Other13.200.0013.20
Top Fixed Income Sectors
Fixed Income Sector%
Non-Agency Residential Mortgage Backed60.06
Asset Backed31.19
Cash & Equivalents6.44
Corporate Bond5.00
Future/Forward-2.69
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
UK Mortgages Guernsey6.56
IncreaseLusitano Mtg No.5 FRN 2059-07-15Ireland4.12
Intesa Sec 3 Srl FRN 2033-10-30Italy3.33
Avoca Clo Vii 3.256% 2024-05-16Ireland2.61
IncreaseSc Germany Consumer Series 15-1 Class E 2028-12-132.60
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 Trafford House, Chester Road, Manchester M32 0RS. 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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