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MI TwentyFour AM Focus Bond A Inc Gross

Unclassified Sector
Price: £0.88|Change: 0.00 (0.08%)

Pricing frequency 

Daily

Dealing cut off time 

15:00

Type 

OEIC

Yield 

6.77%

NAV 

£0.88

Ongoing charge 

0.62%

Latest actual NAV date 

26-04-2024

ISIN 

GB00B7J5ND87

UCITS 

Yes

Growth of 10k

Asset allocation

Top 10 holdings

Holdings 31/12/2023% of assets
United Kingdom of Great Britain and Northern Ireland 0.125%5.93
Coventry Building Society 6.875%2.31
Alme 3X Erre Mtge1.53
Hiscox Ltd 6.125%1.42
Nationwide Building Society 5.875%1.31
Ares European CLO VII Designated Activity Company 9.212%1.22
ASR Nederland N.V. 4.625%1.19
NatWest Group PLC 4.5%1.10
Phoenix Group Holdings PLC 5.625%1.06
Rothesay Life PLC 4.875%1.03

Performance 31/03/2024

1D | 1M | 3M | 1Y | 3Y ann | 5Y ann | 10Y ann

Total return (%)
Fund+ 0.08
Category-
More...

Investment objective

The Sub-Fund aims to provide income along with an opportunity for capital growth, by investing in a broad range of fixed income assets, with an emphasis on capital preservation. The Sub-Fund will adopt a highly flexible investment approach to take advantage of prevailing market conditions with the ability to change the emphasis of its investment focus within the fixed income universe over time. The key focus of the Sub-Fund’s investment objective will be to ensure that the majority of bonds in the Sub-Fund’s portfolio have a maximum expected final repayment date of 5 years, as this is currently deemed optimal. The key focus may however change over time, for example by shifting towards a portfolio with longer or shorter maturities (within the maximum expected maturity of 5 years) or by concentrating more in one particular part of the fixed income universe, particularly in times of stressed market conditions.

Morningstar ratingTM

Morningstar sustainability ratingTM

Morningstar Medalist RatingTM

  Morningstar analyst document

  Morningstar report document

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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