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Standard Life Higher Income Fund Inclusive - Class R - Income (GBP)

Sell:48.15p Buy:48.15p Change: 0.02p (0.04%)
Prices as at 20 March 2019
Sell:48.15p
Buy:48.15p
Change: 0.02p (0.04%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 20 March 2019
Sell:48.15p
Buy:48.15p
Change: 0.02p (0.04%)
Prices as at 20 March 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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: 4.00%
Initial saving from HL: 4.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.03%
Ongoing saving from HL: 0.27% i
Net ongoing charge: 0.76%
There are other unit types of this fund available:
Inclusive - Class R - Accumulation (GBP) (Net ongoing charge 0.76%)
Platform 1 - Accumulation (GBP) (Net ongoing charge 0.76%)
Platform 1 - Income (GBP) (Net ongoing charge 0.76%)

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:
Arthur Milson
Fund launch date: 7 February 2000
Launch price: £0.50
Sector: GBP High Yield
Fund size: £452 million
Number of holdings: 163
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

20/03/14 to 20/03/15 20/03/15 to 20/03/16 20/03/16 to 20/03/17 20/03/17 to 20/03/18 20/03/18 to 20/03/19
Annual return 2.93% 0.29% 9.07% 3.52% 1.25%

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

Fund Objective

The fund aims to provide a significantly higher level of income than that available on gilts by investing mainly in Sterling and Euro denominated sub-investment grade corporate bonds. The fund is actively managed by our investment team who may also invest in other interest bearing securities (such as investment grade corporate bonds and government bonds) to try to take advantage of the opportunities they have identified.

Income Details

Distribution yield : 2.67%
Underlying yield : 2.67%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 March 2019 1 June 2019 1 September 2019 1 December 2019
Payment date: 30 April 20194 31 July 20194 31 October 20194 31 January 20204

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 28 February 2019.

Security Weight
TEVA PHARM FNC NL II 1.125% 10/15/2024 TEVA 1 1/8 10/15/24 1.80%
MPT OPER PARTNERSP/FINL 4.00000% 08/19/2022 MPW 4 08/19/22 1.78%
TEVA PHARM FNC NL II 1.25000% 03/31/2023 TEVA 1 1/4 03/31/23 1.70%
AVANTOR INC 4.75% 10/01/2024 VWR 4 3/4 10/01/24 1.53%
INTERXION HOLDING NV 4.75% 06/15/2025 MISSING 1.50%
TELECOM ITALIA FIN SA 7.75% 01/24/2033 TITIM 7 3/4 01/24/33 1.47%
MATTERHORN TELECOM SA 3.87500% 05/01/2022 MATTER 3 7/8 05/01/22 1.45%
DEA FINANCE SA 7.5% 10/15/2022 DEAFIN 7 1/2 10/15/22 1.44%
WIND TRE SPA 2.75% 01/20/2024 MISSING 1.44%
ENTERTAINMENT ONE LTD 6.875% 12/15/2022 ETOLN 6 7/8 12/15/22 1.44%
Sector Weight
Bonds 94.43%
Cash and Equiv. 5.61%
Non-Classified -0.03%
Country Weight
United Kingdom 21.21%
Germany 13.47%
United States 11.67%
Netherlands 11.60%
Luxembourg 6.98%
Italy 5.77%
Cash and Equiv. 5.61%
France 5.44%
Ireland 3.69%
Canada 3.03%

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 20 March 2019. Data provided by Funds Library, correct as at 31 January 2019.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.