MI Charles Stanley Monthly High Income Fund Inc
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General Objective
The Fund aims to provide a high income with the potential for capital growth from a low risk portfolio consisting predominantly of UK bonds, shares of companies, and preference shares.
Fund Exposure
The Fund is exposed to UK bonds, shares of companies with proven management and rising dividend payments, collective investment schemes, money market instruments, and cash. The Fund must hold at least 60% of its investments in bonds to retain its identity as a "Distribution Fund" for tax purposes.
Risks
Investors should be aware that this Fund may not be appropriate for those planning to withdraw their money within 5 years. Additionally, as the Fund is actively managed and invests in a variety of asset classes, there are inherent risks associated with market fluctuations and the performance of individual securities.