TwentyFour Corporate Bond I GBP Inc (FUND:BSMTGF7) - Fund price - Overview


Fund Report

TwentyFour Corporate Bond Fund GBP I Distribution Class

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date15/01/2015
NAV 17/04/2019GBP 99.15
Day Change-0.06%
12 Month Yield3.74%
ISINIE00BSMTGF70
SEDOLBSMTGF7
Dividend FrequencyQuarterly
Net Assets (mil) 31/12/2018669.76 GBP
Wrapper Availability
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost0.39%
AMC0.45%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA £ Corporate Median

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/03/2019

How has this security performed
201420152016201720182019
Fund--7.577.22-2.253.92
Category--9.714.84-2.314.01
Benchmark--12.274.86-2.244.57
  • Fund: TwentyFour Corporate Bond Fund GBP I Distribution Class
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 17/04/2019
FundCatBmark
YTD3.863.794.18
3 Years Annualised4.694.355.09
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective of the Fund is to exceed the median return (meaning the return which is the mid-point between the highest and lowest returns over the relevant term, as measured by the data produced by the IMA which provides figures showing the highest and lowest total return as calculated by the IMA for the funds in the IMA £ Corporate Bond Sector over the relevant term) of the IMA £ Corporate Bond Sector over the medium to long term based on a combination of income (meaning income received through holding investments - such as interest received on bonds) and capital growth (meaning the growth in value/price of investments held by the Fund). The Fund will aim to achieve a positive return although the objective is to exceed the return of the IMA £ Corporate Bond Sector, which may be negative in unfavourable market conditions.

Portfolio Profile31/12/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds94.730.0094.73
Cash0.000.000.00
Other5.270.005.27
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond72.68
Government Related7.29
Government6.79
Convertible5.27
Asset Backed4.09
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseEuropean Investment Bank 4.5% Supranational6.23
United Kingdom of Great Britain and Northern Ireland 1.62% United Kingdom3.55
United Kingdom of Great Britain and Northern Ireland 3.5% United Kingdom3.23
IncreaseCoventry Building Society 6.38% United Kingdom1.89
NGG Finance plc 5.62% United Kingdom1.89
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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