IGNIS CORPORATE BOND - Fund overview
No Bestinvest rating
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Overview of
IGNIS CORPORATE BOND
A portfolio of investment grade corporate bonds which has historically produced a strong set of figures. Unfortunately the team have been beset by a number of senior management departures. The most recent being David Roberts who in December 2003 announced his intention to resign to take up a position at Aegon Asset Management in the new year.
Standard Initial Charge
4.25% 1.25%
Invest via Bestinvest
to save 3.00%
Fund summary
| Sector |
£ Corporate Bond
|
| Product type |
UNIT TRUST
|
| Launched |
July, 1990
|
| Size |
£263m
|
| Yield |
4.8%
|
| Charging basis |
Capital
|
| Dividends paid |
15/10, 15/1,
15/4, 15/7.
|
| Bid price(inc) |
92.36p |
0.27p |
| Bid price(acc) |
246.14p |
0.73p |
Fund Charges
|
Standard Initial charge
|
4.25%
|
|
Initial charge via Bestinvest
|
1.25%
|
|
Additional bid/offer spread
|
0.18%
|
|
Annual management charge
|
1.10%
|
|
Total expense ratio
|
1.23%
|
|
Reduction in yield (10yr)
|
1.37%
|