Aviva Inv Higher Income Plus Class 1 - Income (GBP)

Sell:52.18p Buy:52.18p Change:

0.05p (0.10%)

Prices as at 26 October 2020

Sell:52.18p

Buy:52.18p

Change:

0.05p (0.10%)

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

Prices as at 26 October 2020

Sell:52.18p

Buy:52.18p

Change:

0.05p (0.10%)

Prices as at 26 October 2020

You can buy or sell holdings in this fund through anStocks 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.

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Charges and Savings

Initial charges
Initial charge:	0.00%
Initial saving from HL:	0.00%
HL dealing charge:	Free
Net initial charge:	0.00%

How initial savings affect the buy price

Annual charges

Performance fee:

Ongoing charge (OCF/TER):

0.87%

Ongoing saving from HL:

0.18% i

Net ongoing charge:

0.69%

There are other unit types of this fund available:

Class 2 - Income (GBP)

(Net ongoing charge 0.62%)

HMRC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held in nominee accounts, such as our Fund & Share Account, should be subject to income tax. Loyalty bonuses paid on funds in ISAs and SIPPs are unaffected, and they remain tax-free.

We believe all loyalty bonuses are tax-free and we are challenging HMRC's interpretation. However, while we make this challenge we are paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC.

If loyalty bonuses are taxable then the value of our ongoing saving to you could be reduced, depending on the rate of tax you pay. The below table gives an indication of how this may affect you.

In this case, the ongoing saving is 0.18%, of which 0.18% is paid by loyalty bonus. The tax that could be payable on this loyalty bonus, and therefore the value of this saving to you, is shown below.

	Non-taxpayer	Basic rate taxpayer	Higher rate taxpayer	Additional rate taxpayer
Ongoing saving from HL:	0.18%	0.18%	0.18%	0.18%
Loyalty bonus:	0.18%	0.18%	0.18%	0.18%
Tax on loyalty bonus:	0.00%	0.036%	0.072%	0.081%
Value of ongoing saving to you:	0.18%	0.144%	0.108%	0.099%

Tax rules can change and benefits depend on individual circumstances. Please remember loyalty bonuses received on funds held in the Vantage ISA or Vantage SIPP are exempt from tax.

Also, loyalty bonuses received by overseas investors, companies and charities are not required to be paid with the deduction of tax. Therefore, if you are an overseas investor, or you represent a company or charity please let us know if you would like your loyalty bonuses paid without the deduction of an amount equivalent to the basic rate tax.

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.

HL Guide to fund prices, savings and yields

Please also read the Key Investor Information Document (KIID)

Other Information

Unit type:	Unbundled
Manager:	Multiple Multiple
Fund launch date:	4 October 1999
Sector:	GBP Strategic Bond
Fund size:	£384 million
Number of holdings:	119
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:	No
Minimum regular savings value:	n/a

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Performance

	23/10/15 to 23/10/16	23/10/16 to 23/10/17	23/10/17 to 23/10/18	23/10/18 to 23/10/19	23/10/19 to 23/10/20
Annual return	9.00%	3.54%	-1.56%	8.08%	4.33%

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.

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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 provide a high level of investment income through diversified investment in fixed interest securities issued by corporates, governments and supranational institutions. Investment principally in Sterling denominated securities but the Fund may also invest in global securities issued in a variety of currencies. The Fund may invest in any of the following financial instruments in order to achieve its investment objective: transferable securities, money market instruments, units in collective investment schemes, deposits and derivatives and forward transactions.

Income Details

Distribution yield :	3.00%
Underlying yield :	3.00%
Income paid:	Monthly
Type of payment:	Interest
Ex-dividend date:	16 October 2020 16 November 2020 16 December 2020 16 January 2021 16 February 2021 16 March 2021 16 April 2021 16 May 2021 16 June 2021 16 July 2021 16 August 2021 16 September 2021
Payment date:	14 November 2020⁴ 14 December 2020⁴ 14 January 2021⁴ 14 February 2021⁴ 14 March 2021⁴ 14 April 2021⁴ 14 May 2021⁴ 14 June 2021⁴ 14 July 2021⁴ 14 August 2021⁴ 14 September 2021⁴ 14 October 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 30 September 2020.

Security	Weight
Aviva Investors Emerging Markets Bond Fund Class Zqh Eur Hdg	9.20%
4¾% Treasury Stock 2038	3.08%
LEGAL & GENERAL GROUP PLC CALLABLE MEDIUM TERM	1.97%
4½% Treasury Gilt 2042	1.81%
BARCLAYS BANK PLC MEDIUM TERM NOTE FIXED 10%	1.61%
VIRGIN MEDIA SECURED FINANCE PLC CALLABLE BOND	1.51%
ELECTRICITE DE FRANCE SA MEDIUM TERM NOTE FIXED	1.47%
MITCHELLS & BUTLERS FINANCE PLC CALLABLE BOND	1.41%
HSBC HOLDINGS PLC BOND FIXED 6.75% 11/SEP/2028 GBP	1.37%
TELECOM ITALIA SPA/MILANO MEDIUM TERM NOTE FIXED	1.36%

Sector	Weight
Bonds	92.02%
Cash and Equiv.	8.00%
Alternative Trading Strategies	-0.02%

Country	Weight
United Kingdom	34.33%
Non-Classified	11.81%
United States	11.52%
Cash and Equiv.	8.00%
France	6.85%
Netherlands	5.72%
Italy	5.38%
Mexico	2.25%
Ireland	2.17%
Germany	1.76%

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 26 October 2020. Data provided by Funds Library, correct as at 30 September 2020.

You can buy or sell holdings in this fund through anStocks 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.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.

Chris Higham
Manager start date	01/11/2009
Manager located in	London

James Vokins
Manager start date	29/06/2016
Manager located in	Poultry, London