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MI Charles Stanley Monthly High Income Class C - Income (GBP)

Sell:85.80p Buy:85.80p Change: 0.038p (0.04%)
Prices as at 18 June 2024
Sell:85.80p
Buy:85.80p
Change: 0.038p (0.04%)
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 18 June 2024
Sell:85.80p
Buy:85.80p
Change: 0.038p (0.04%)
Prices as at 18 June 2024
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 accumulation units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.99%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.99%
There are other unit types of this fund available:
Class C - Accumulation (GBP) (Net ongoing charge 0.99%)

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: Unbundled
Manager:
Christopher Aldous
Fund launch date: 13 March 2006
Sector: Mixed Investment 0-35% Shares
Fund size: £45 million
Number of holdings: 94
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 08:30
Trustee: The Northern Trust Company
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: No
Minimum regular savings value: n/a

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Performance

18/06/19 to 18/06/20 18/06/20 to 18/06/21 18/06/21 to 18/06/22 18/06/22 to 18/06/23 18/06/23 to 18/06/24
Annual return 0.82% 8.21% -5.68% -3.19% 10.60%

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

The investment objective of MI Charles Stanley Monthly High Income Fund is to generate a high income with the potential for capital growth from a portfolio consisting predominantly of UK bonds, government securities, high yielding equities and preference shares. There may be occasions when the investment manager chooses to hold collective investment schemes and a high level of cash and money market instruments.

Income Details

Distribution yield : 4.81%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 1 June 2024 1 July 2024 1 August 2024 1 September 2024 1 October 2024 1 November 2024 1 December 2024 1 January 2025 1 February 2025 1 March 2025 1 April 2025 1 May 2025
Payment date: 30 June 20244 31 July 20244 31 August 20244 30 September 20244 31 October 20244 30 November 20244 31 December 20244 31 January 20254 28 February 20254 31 March 20254 30 April 20254 31 May 20254

This data is provided by Broadridge. 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 30 April 2024.

Security Weight
Sequoia Investment Management Company Sequoia Economic Infrastructure Income Fund Ord NPV 2.13%
Schroder Asian Income Class L 2.09%
VODLN 4.875% 030725 1.72%
Greencoat UK Wind Plc Greencoat UK Wind Ord GBP0.01 1.62%
Foresight Group IT Foresight Solar Fund Ltd ORD NPV 1.53%
EDFIX 6% 290126 1.50%
ABDNLN 5.25% 131226 1.49%
PINEFI 3.625% 151127 1.42%
RLMI F 4.875% 070439 1.41%
EDFIX 5.875% 220129 1.41%
Sector Weight
Bonds 61.43%
Equity Investment Instruments 8.17%
Non-Classified 4.98%
Real Estate Investment Trusts 2.82%
Cash and Equiv. 2.41%
Investment Banking & Brokerage Services 2.23%
Electricity 1.96%
Non-life Insurance 1.94%
Life Insurance 1.89%
Household Goods & Home Construction 1.68%
Country Weight
United Kingdom 64.34%
Non-Classified 17.05%
France 4.26%
United States 3.04%
Direct Property and REITs 2.51%
Cash and Equiv. 2.41%
Luxembourg 1.34%
Belgium 1.23%
Germany 1.09%
Netherlands 0.90%

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 18 June 2024. Data provided by Broadridge, correct as at 31 December 2023.

Broadridge
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.