MI TwentyFour AM Monument Bond Fund L Gross Income Shares

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Performance History31/03/2021
Growth of 1,000 (GBP) Advanced Graph
MI TwentyFour AM Monument Bond Fund L Gross Income Shares
Fund6.00.23.30.70.9
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
13/04/2021
 GBP 1.03
Day Change 0.01%
Morningstar Category™ Other Bond
IA (formerly IMA) Sector Specialist
ISIN GB00BDD9NH27
Fund Size (Mil)
12/04/2021
 GBP 1197.25
Share Class Size (Mil)
12/04/2021
 GBP 99.70
Max Initial Charge -
Ongoing Charge
13/01/2021
  0.38%
Investment Objective: MI TwentyFour AM Monument Bond Fund L Gross Income 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)13/04/2021
YTD0.96
3 Years Annualised1.43
5 Years Annualised-
10 Years Annualised-
12 Month Yield 1.61
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
20/09/2016
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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 L Gross Income Shares28/02/2021
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond73.380.0073.38
Property0.000.000.00
Cash16.180.5115.67
Other10.940.0010.94

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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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