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AVIVA INVESTORS HIGHER INCOME PLUS 1 - Fund overview

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Overview of AVIVA INVESTORS HIGHER INCOME PLUS 1

Morley Fund Management is the investment arm of AVIVA, (formerly CGNU), and boast one of the largest fixed interest teams within the City. This fund is a hybrid of UK Investment Grade, UK/European High Yield and Emerging Market Debt. Morley feel that this split between asset classes produces a portfolio that is not only diversified but also a higher yield, i.e. the best of both worlds.

Standard Initial Charge

5.00% 0.00%

Fund summary

Sector  £ Strategic Bond
Product type  OEIC
Launched  October, 1999
Size  £381m
Yield 5.3%
Charging basis  Income
Dividends paid  15th Each Month.
Bid price 43.85p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Total expense ratio 1.01%
Reduction in yield (10yr) 1.01%

Bestinvest says


No information available.

Portfolio

aviva investors higher income plus 1 asset allocation illustration
Allocation Proportion
Equity
High yield bonds 47%
Quality bonds 52%
Property
Commodities
Hedge
Fund cash 1%

No data available.

No data available.

Investment process


Investing entirely within investment grade UK Corporate debt provides diversification but a low yield, whereas the reverse is true for the UK/European sub investment grade market. Therefore by combining the two asset classes the best of both worlds can be achieved.
The High Yield element is supplemented by the fund's ability to invest within Emerging Market debt, therefore allowing access to another asset class and further diversifying the portfolio.
As with all bond funds managed by this group it benefits from the strong level of resource available and a tried and tested investment process.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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