ObjectiveThe 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.
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.
Meet the ManagersRobert Baltzer
Robert graduated with MMath from Durham University in 2001. He joined Baillie Gifford in the same year and is now an Investment Manager in the Credit Team. Robert is a CFA charterholder.Lucy Isles
Lucy Isles graduated MA (Hons) in International Relations and Modern History from the University of St Andrews in 2011. Lucy joined Baillie Gifford in 2012 and is an Investment Manager in the High Yield Team.
Actual Investors look at the big picture.
Not just the small print.
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 The Adviser Centre Recommended Fund* Download Square Mile Recommended Fund* Download Rayner Spencer Mills Research Rated Fund* Download Morningstar Analyst Rating Download
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%
* Interim figures as at 31/03/2019
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.