An investment grade bond fund that aims to deliver a strong level of income throughout the economic cycle while minimising volatility.
Our Corporate Bond Fund is managed with a total return mindset. The team seeks to maintain an attractive level of income at all times, but targets capital growth opportunities where appropriate to enhance returns over the longer term.
All data is as at 14 Oct 2024 unless otherwise indicated.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Inc GBP | 8.9% | -17.9% | -1.8% | 7.3% | 9.5% | -2.5% | 7.0% | 8.3% | -1.0% | NA |
All data is as at 18 Dec 2024 unless otherwise indicated.
| Portfolio Manager | TwentyFour Asset Management LLP |
|---|---|
| Fund Domicile | Ireland |
| Type of Fund | Irish Authorised UCITS Compliant OEIC |
| Share Class Currency | GBP |
| Year End | 31 December |
| Index | IA GBP Corporate Bond Sector |
| Fund Launch Date | 15 Jan 2015 |
| Share Class Launch date | 30 Jan 2015 |
| Distribution Type | Dist |
| Distribution Frequency | Quarterly |
| Dealing | Daily |
| ISA/SIPP Eligible | Yes |
| Fund Registrations | GB, IE |
| Share Class Registrations | GB, IE |
| Highest since launch | 106.28 |
|---|---|
| Lowest since launch | 74.01 |
| Fund size in mln. | 1,148.34 |
| Management fee | 0.45% |
|---|---|
| OCF | 0.56% (28 Jun 2024) |
| ISIN | IE00BSMTGH94 |
|---|---|
| Bloomberg | TFCBDGI ID |
| SEDOL | BSMTGH9 |
| Auditor | Grant Thornton |
|---|---|
| Depository | Northern Trust Fiduciary Services (Ireland) Limited |
| Registrar | Northern Trust International Fund Administration Services (Ireland) Limited |
| AIFM | Waystone Management Company (IE) Limited |
| Fund Administrator | Northern Trust |
| Share class | Currency | ISIN | Distrib. | Type | Launch date | Management fee | OCF |
|---|---|---|---|---|---|---|---|
| Acc | GBP | IE00BSMTGJ19 | Acc | Retail | 3 Feb 2015 | 0.45% | 0.56% (28 Jun 2024) |
| I Acc | GBP | IE00BSMTGG87 | Acc | Institutional | 15 Jan 2020 | 0.25% | 0.36% (28 Jun 2024) |
| I Inc | GBP | IE00BSMTGF70 | Dist | Institutional | 15 Jan 2020 | 0.25% | 0.36% (28 Jun 2024) |
| Inc | GBP | IE00BSMTGH94 | Dist | Retail | 30 Jan 2015 | 0.45% | 0.56% (28 Jun 2024) |
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
* TER includes performance fee where applicable
All data is as at 14 Oct 2024 unless otherwise indicated.
View all documents View latest documents
| Document | Date | EN |
|---|---|---|
| Factsheets & Commentaries | ||
| Factsheet | Nov 2024 | |
| Monthly Commentary | Nov 2024 | |
| PRIIPs KIDs | ||
| KID | May 2024 | |
| Past Performance document | Apr 2023 | |
| Performance Scenarios | ||
| Performance Scenarios | Apr 2024 | |
| Performance Scenarios | Mar 2024 | |
| Performance Scenarios | Feb 2024 | |
| Performance Scenarios | Jan 2024 | |
| Performance Scenarios | Dec 2023 | |
| Performance Scenarios | Nov 2023 | |
| Performance Scenarios | Oct 2023 | |
| Performance Scenarios | Sep 2023 | |
| Performance Scenarios | Aug 2023 | |
| Performance Scenarios | Jul 2023 | |
| Performance Scenarios | Jun 2023 | |
| Performance Scenarios | May 2023 | |
| Performance Scenarios | Apr 2023 | |
| Performance Scenarios | Mar 2023 | |
| Performance Scenarios | Feb 2023 | |
| View more Performance Scenarios View less Performance Scenarios | ||
| UCITS KIIDs | ||
| KIID | May 2024 | |
| Legal Documents | ||
| Prospectus Supplement | Jun 2023 | |
| Remuneration Disclosure | Jan 2017 | |
| Sales Prospectus | Nov 2022 | |
| UK Country Prospectus Supplement | Jun 2023 | |
| Sustainability Related Disclosures | ||
| Pre-contractual Disclosure | Jun 2023 | |
| Sustainability Related Disclosures | Jan 2023 | |
| Financial Reports | ||
| Annual Report | Dec 2023 | |
| Semi-Annual Report | Aug 2024 | |
| UK Tax Reporting | ||
| UK Tax Reporting | Dec 2023 | |
RISKS
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
Limited participation in the potential of single securities
Success of single security analysis and active management cannot be guaranteed
It cannot be guaranteed that the investor will recover the capital invested
Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility
Interest rates may vary, bonds suffer price declines on rising interest rates
Investments in foreign currencies are subject to currency fluctuations
The structure of ABS/MBS and the pools backing them might be intransparent which exposes the subfund to additional credit and prepayment risks (extension or contraction risks) depending on which tranche of ABS/MBS is purchased by the subfund
The fund has the ability to use derivatives, including but not limited to FX forwards, for hedging and EPM purposes only. This may magnify gains or losses
Typically, sub-investment grade securities will have a higher risk of default, and are generally considered to be more illiquid than investment grade securities
Information on how environmental and social objectives are achieved and how sustainability risks are managed in this Fund may be obtained from here.
Morningstar rating: © 2024 Morningstar, Inc. 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.
