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Merian Monthly Income Bond Inclusive - Class A - Accumulation (GBP)

Sell:82.91p Buy:82.91p Change: 0.02p (0.02%)
Prices as at 10 July 2020
Sell:82.91p
Buy:82.91p
Change: 0.02p (0.02%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 10 July 2020
Sell:82.91p
Buy:82.91p
Change: 0.02p (0.02%)
Prices as at 10 July 2020
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 3.50%
Initial saving from HL: 3.50%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.15%
Ongoing saving from HL: 0.60% i
Net ongoing charge: 0.55%
There are other unit types of this fund available:
Inclusive - Class A - Income (GBP) (Net ongoing charge 0.55%)
Class R - Accumulation (GBP) (Net ongoing charge 0.65%)
Class R - Income (GBP) (Net ongoing charge 0.65%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Inclusive
Manager:
Lloyd Harris
Fund launch date: 30 September 2004
Launch price: £0.50
Sector: GBP Strategic Bond
Fund size: £221 million
Number of holdings: 117
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank International Ltd
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

10/07/15 to 10/07/16 10/07/16 to 10/07/17 10/07/17 to 10/07/18 10/07/18 to 10/07/19 10/07/19 to 10/07/20
Annual return -0.46% 5.20% -1.55% 7.45% 7.33%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

To seek to achieve income and capital growth by delivering a return, net of fees, greater than that of the Target Benchmark over rolling 3 year periods. The Target Benchmark consists 50% of the ICE BofAML 1-5Y BBB Sterling Corporate Index and 50% of the ICE BofAML Sterling High Yield Index. The fund primarily invests (at least 70%) in a diversified portfolio of fixed, variable and zero rate debt securities, including corporate and government bonds.

Income Details

Distribution yield : 3.95%
Underlying yield : 2.80%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 1 July 2020 1 August 2020 1 September 2020 1 October 2020 1 November 2020 1 December 2020 1 January 2021 1 February 2021 1 March 2021 1 April 2021 1 May 2021 1 June 2021
Payment date: 31 July 20204 31 August 20204 30 September 20204 31 October 20204 30 November 20204 31 December 20204 31 January 20214 28 February 20214 31 March 20214 30 April 20214 31 May 20214 30 June 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 May 2020.

Security Weight
Forward contract Bought GBP 44378496.17 Sold USD 56209000.00 20200918 122.59%
Forward contract Bought GBP 38154369.92 Sold EUR 43011000.00 20200818 105.40%
Forward contract Bought USD 24854518.18 Sold GBP 20052522.56 20200918 55.57%
Forward contract Bought USD 19728154.90 Sold GBP 15914567.73 20200818 44.11%
Forward contract Bought USD 15612892.50 Sold GBP 12500000.00 20200918 34.91%
Forward contract Bought GBP 10469264.65 Sold USD 13000000.00 20200918 28.92%
Forward contract Bought GBP 10469047.13 Sold USD 13000000.00 20200918 28.92%
Forward contract Bought EUR 9264411.48 Sold GBP 8395070.61 20200818 23.26%
Forward contract Bought EUR 8000000.00 Sold GBP 7230440.00 20200818 20.09%
Forward contract Bought EUR 7773920.05 Sold GBP 7057613.95 20200818 19.52%
Sector Weight
Non-Classified 89.04%
Cash and Equiv. 10.47%
Life Insurance 0.49%
Country Weight
Non-Classified 89.04%
Cash and Equiv. 10.47%
United Kingdom 0.49%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 10 July 2020. Data provided by Funds Library, correct as at 30 June 2020.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.