MARLBOROUGH HIGH YIELD FIXED INTEREST - Fund overview
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Overview of
MARLBOROUGH HIGH YIELD FIXED INTEREST
The fund will initially target a gross yield, net of charges of 7.5%, by investing primarily in sub investment grade fixed interest securities. Paul Reed was previously named manager for the Aberdeen Fixed Interest Fund before the assets under management were transferred to New Star in January 2003.
Standard Initial Charge
5.25% 0.00%
Invest via Bestinvest
to save 5.25%
Fund summary
| Sector |
£ High Yield
|
| Product type |
UNIT TRUST
|
| Launched |
November, 2004
|
| Size |
£54m
|
| Yield |
11.1%
|
| Charging basis |
50% Income 50% Capital
|
| Dividends paid |
28 Feb, 31
May, 31 Aug,
30 Nov
|
| Bid price |
68.97p |
Fund Charges
|
Standard Initial charge
|
5.25%
|
|
Initial charge via Bestinvest
|
0.00%
|
|
Additional bid/offer spread
|
0.80%
|
|
Annual management charge
|
1.50%
|
|
Total expense ratio
|
1.58%
|
|
Reduction in yield (10yr)
|
1.66%
|