1. Objective

    The High Yield Bond Fund aims to produce a combination of income and capital growth. The manager believes an appropriate comparison for this Fund is the Investment Association Sterling High Yield Bond sector average given the investment policy of the Fund and the approach taken by the manager when investing.

    The value of investments and any income from them may go down as well as up and you or your client may not get back the amount originally invested.
  2. Meet the Managers

  3. Actual Investors look at the big picture.

    Not just the small print.
    Find out more
  4. Key Information

    Launch Date 30 November 2001
    Benchmark Investment Association Sterling High Yield sector average
    The Investment Association Sector £ High Yield
    XD Date Last day of December, March, June and September each year
    Distribution Last day of February, May, August and November each year
    Pricing Valuation point 10am daily, swinging single price
    Dealing in the Fund In light of current market conditions, we have introduced a threshold for daily net inflows or outflows of money into or out of the Fund. If this threshold is exceeded, we will increase the dilution adjustment to reflect the increased dealing costs incurred by the Fund as a result of these larger inflows and outflows.
    FundCalibre Rated Fund FundCalibre Rated Fund
    The Adviser Centre Recommended Fund* The Adviser Centre Recommended Fund Download
    Square Mile Recommended Fund* Square Mile - A Download
    Rayner Spencer Mills Research Rated Fund* Rayner Spencer Mills Rated Fund Download
    Morningstar Analyst Rating Morningstar Analyst Rating - Bronze Download

    Please bear in mind that past performance is not a guide to future performance.


    The value of your investment may go down as well as up, and you may not get back the amount invested.


    © 2017 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. More detailed information about Morningstar's Analyst Rating, including its methodology, can be found here. For disclosure and detailed information about this fund please refer to the full Morningstar Global Fund Report that can be accessed from the table above.


    *These ratings are designed for use by professional advisers and intermediaries as part of their advice process. These ratings are not a recommendation to buy. If you need further information or are in doubt then you should consult a professional adviser.

  5. Investment Choice and Charges

    Share Class ISIN Number SEDOL Number Min. Investment Min. Top Up Ongoing Charges* Initial Charge
    B Inc GB0030816713 3081671 £1,000 no minimum 0.37% 0%
    B Acc GB00B1W0GF10 B1W0GF1 £1,000 no minimum 0.37% 0%

    * Annual figures as at 30/09/2019

    A further explanation of all the charges and costs relating to this Fund can be found in the Enhanced Disclosure of Fund Charges and Costs document.