MI TwentyFour AM Monument Bond Fund I Income Gross shares

Performance History30/06/2020
Growth of 1,000 (GBP) Advanced Graph
MI TwentyFour AM Monument Bond Fund I Income Gross shares
Fund4.05.20.03.1-1.9
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
02/07/2020
 GBP 109.19
Day Change 0.00%
Morningstar Category™ Other Bond
IA (formerly IMA) Sector Specialist
ISIN GB00B4XCQT18
Fund Size (Mil)
02/07/2020
 GBP 1394.23
Share Class Size (Mil)
02/07/2020
 GBP 22.81
Max Initial Charge -
Ongoing Charge
27/01/2020
  0.63%
Investment Objective: MI TwentyFour AM Monument Bond Fund I Income Gross shares
The Fund aims to provide an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation. The investment policy is to invest in a diversified portfolio of European and Australian residential mortgage-backed securities (“RMBS”) rated at least AA- (or equivalent) at the time of investment by one or more of Standard & Poor’s, Moody’s Investor Services and Fitch although it is expected that the majority of the RMBS will be rated AAA (or equivalent) at the time of investment. From time to time it is possible that a significant portion of the portfolio may be invested in securities from a particular geographical region.
Returns
Trailing Returns (GBP)02/07/2020
YTD-1.96
3 Years Annualised1.03
5 Years Annualised1.80
10 Years Annualised2.64
12 Month Yield 1.75
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Rob Ford
10/08/2009
Ben Hayward
10/08/2009
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Inception Date
08/10/2009
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE LIBOR 3 Month GBP-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  MI TwentyFour AM Monument Bond Fund I Income Gross shares31/03/2020
Fixed Income
Effective Maturity-
Effective Duration0.11
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond61.440.0061.44
Property0.000.000.00
Cash23.670.3023.38
Other15.180.0015.18

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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