TwentyFour Corporate Bond £ Inc hdg (FUND:BSMTGH9) - Fund price - Overview

Fund Report

TwentyFour Corporate Bond Fund GBP Distribution

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date30/01/2015
NAV 25/05/2017GBP 102.55
Day Change0.15%
12 Month Yield4.15%
ISINIE00BSMTGH94
SEDOLBSMTGH9
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016335.48 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge0.63%
AMC0.45%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 31/03/2017

Benchmarks

Fund Benchmark

IA £ Corporate Median

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/04/2017

How has this security performed
20132014201520162017
Fund---7.363.31
Category---9.712.43
Benchmark---12.272.48
  • Fund: TwentyFour Corporate Bond Fund GBP Distribution
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 25/05/2017
FundCatBmark
YTD4.353.613.86
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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  • 4
  • 5
  • 6
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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 Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds96.090.0096.09
Cash2.110.002.11
Other1.800.001.80
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond67.36
Government Related10.79
Government9.45
Commercial Mortgage Backed3.23
Non-Agency Residential Mortgage Backed2.92
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseEuro Inv Bk 4.5% 2044-03-07Supranational5.91
IncreaseUnited Kingdom (Government Of) 3.5% 2045-01-22United Kingdom5.40
IncreaseEuro Inv Bk 4.5% 2029-06-07Supranational3.55
IncreaseSse 3.875% 2049-12-31United Kingdom2.56
Society Of Lloyds( 7.421% 2049-12-31United Kingdom2.42
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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