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Kames High Yield Bond - fund manager update

Richard Troue | Wed 23 September 2015

Investments can go down as well as up so there is always a danger that you could get back less than you invest. Nothing here is personalised advice, if unsure you should seek advice.

Kames recently informed us Philip Milburn, who manages the Kames High Yield Bond Fund alongside Claire McGuckin, has unfortunately had to take a temporary leave of absence due to ill health.

In order to keep investors in the fund fully informed, Philip Milburn has allowed us to share some information relating to his illness. Around 10 years ago he contracted glandular fever and is currently suffering from a secondary condition called Post Viral Fatigue Syndrome which occasionally occurs following such illnesses.

In order to fully recover he has been advised to take a complete break from work. He currently plans to return to Kames and resume his full responsibilities on the fund in early 2016.

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We do not believe existing investors have cause for undue concern. Claire McGuckin has worked with Philip Milburn since 2012 and has been co-manager of the fund for just over 2 years. She also has the support of a well-resourced fixed-interest team at Kames.

We will keep investors up to date with any developments. In the meantime we wish Philip Milburn a speedy recovery.

Find out more about this fund

Please read the key features/key investor information document in addition to the information above.

Important information - Please remember the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. This article is provided to help you make your own investment decisions, it is not advice. If you are unsure of the suitability of an investment for your circumstances please seek advice. No news or research item is a personal recommendation to deal.


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