MI Twentyfour AM Monument Bond Fund

Select share classes

MI TwentyFour AM Monument Bond Fund I Accumulation shares

Category Other Bond

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£166.43433

arrow-up£0.014 (+0.01%)

Fund Code

TMBIA

B3V5V89

GB00B3V5V897

Prices updated as at 14 Jan 2025

Prices in GBP

Investment objective

The Sub-Fund aims to provide an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation. The investment policy of the Sub-Fund is to invest in a diversified portfolio of European and Australian asset-backed securities (ABS), rated at least BBB- (or equivalent) at the time of investment by one or more of Standard & Poor’s, Moody’s Investor Services and Fitch, where the securities will be backed by the assets of institutions and issuers such as but not limited to residential mortgages, commercial mortgages, automobile leases and loans, SME loans and other secured bonds.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/11/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality B
Avg wtd coupon 5.75
Modified duration -
Credit quality breakdown
Rating % of Bond
AAA -
AA -
A -
BBB -
BB -
B 100
Below B -
Not Rated -

	Bond %
Avg credit quality	B
Avg wtd coupon	5.75
Modified duration	-

Rating	% of Bond
AAA	-
AA	-
A	-
BBB	-
BB	-
B	100
Below B	-
Not Rated	-

Valuation

MI TwentyFour AM Monument Bond Fund I Accumulation shares

Other Bond

-

3.68

-

0.55

-

1.25

-

6.24

Growth rate

MI TwentyFour AM Monument Bond Fund I Accumulation shares

Other Bond

-

10.98%

-

3.32%

-

14.36%

Top 10 holdings

Sector

Country

Italy

% of assets

1.7138

Sector

Country

United Kingdom

% of assets

1.63662

Sector

Country

United Kingdom

% of assets

1.55515

Sector

Country

Italy

% of assets

1.22017

Sector

Country

United Kingdom

% of assets

1.15813

Sector

Country

Luxembourg

% of assets

1.14676

Sector

Country

United Kingdom

% of assets

1.04185

Sector

Country

Ireland

% of assets

1.03973

Sector

Country

Spain

% of assets

1.0133

Sector

Country

United Kingdom

% of assets

0.99988

Assets in top 10 holdings %

12.53%

Total no. of equity holdings

-

Total no. of bond holdings

326.00

Stock sectors

MI TwentyFour AM Monument Bond Fund I Accumulation shares

Other Bond

0.00%

Basic materials

Con cyclical

Financial svs

Real estate

0.00%

Comm services

Energy

Industrials

Technology

0.00%

Con defensive

Healthcare

Utilities

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.