IGNIS HIGH INCOME BOND - Fund overview
No Bestinvest rating
Find rated £ high yield funds
Overview of
IGNIS HIGH INCOME BOND
A hybrid bond portfolio from a small but dedicated team. The typically 40 / 60 split between investment and sub investment grade makes the portfolio a contender for investors who want some exposure to junk bonds, without the volatility of a pure high yield fund. However, until the team is at full strength it may be wiser to invest new money in recommended funds.
Standard Initial Charge
4.25% 1.25%
Invest via Bestinvest
to save 3.00%
Fund summary
| Sector |
£ High Yield
|
| Product type |
UNIT TRUST
|
| Launched |
February, 2000
|
| Size |
£33m
|
| Yield |
6.0%
|
| Charging basis |
Capital
|
| Dividends paid |
15th of every month.
|
| Bid price(inc) |
76.53p |
| Bid price(acc) |
167.19p |
Fund Charges
|
Standard Initial charge
|
4.25%
|
|
Initial charge via Bestinvest
|
1.25%
|
|
Additional bid/offer spread
|
0.17%
|
|
Annual management charge
|
1.25%
|
|
Total expense ratio
|
1.36%
|
|
Reduction in yield (10yr)
|
1.50%
|