TwentyFour Corporate Bond Fund GBP I Distribution Class
Fund
ISIN IE00BSMTGF70 / Valor null
NAV (2024-12-19)
GBP 85.51-0.15%
TwentyFour Corporate Bond Fund GBP I Distribution Class
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General Objective
The Fund aims to generate a return greater than the median return of the UK’s Investment Association’s £ Corporate Bond Sector over the medium to long-term based on a combination of income and capital growth.
Fund Exposure
The Fund primarily invests in sterling denominated investment grade corporate bond securities, with the majority of investments mirroring the IA £ Corporate Bond Sector. The Investment Manager may also invest in securities outside of this sector to take advantage of specific opportunities.
Risks
While the Fund focuses on investment grade sterling denominated bonds, it may also invest up to 20% of its portfolio in high yield issues, which carry a higher risk of default. Additionally, the Fund may use financial derivatives to manage risks and exposure to exchange rate movements.