INVESTEC MONTHLY HIGH INCOME - Fund overview
No Bestinvest rating
Find rated £ high yield funds
Overview of
INVESTEC MONTHLY HIGH INCOME
The Fund aims to provide investors with a high income, paid monthly, by investing predominantly in higher yielding bonds. At the same time the fund will seek to outperform the Merrill Lynch Euro High Yield index hedged to sterling. The fund invests across global fixed income markets, the mandate also enables the manager to allocate up to 50% of the fund to quality bonds or sovereign debt according to the prevailing macro environment.
Standard Initial Charge
4.50% 0.00%
Invest via Bestinvest
to save 4.50%
Fund summary
| Sector |
£ High Yield
|
| Product type |
OEIC
|
| Launched |
December, 2001
|
| Size |
£200m
|
| Yield |
7.5%
|
| Charging basis |
Income
|
| Dividends paid |
Last day of month.
|
| Bid price(inc) |
70.11p |
0.06p |
| Bid price(acc) |
166.99p |
0.14p |
Fund Charges
|
Standard Initial charge
|
4.50%
|
|
Initial charge via Bestinvest
|
0.00%
|
|
Additional bid/offer spread
|
0.00%
|
|
Annual management charge
|
1.25%
|
|
Total expense ratio
|
1.36%
|
|
Reduction in yield (10yr)
|
1.36%
|