MI Twentyfour AM Monument Bond Fund

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MI TwentyFour AM Monument Bond Fund I Income shares

Category Other Bond


This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£113.67857

arrow-up£0.046 (+0.04%)

Fund Code

TMBII

B3XVTT2

GB00B3XVTT21

Prices updated as at 02 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.

Company name
TwentyFour Asset Management LLP
Fund launch date
10 Aug 2009
Domicile
United Kingdom
UCITS
Yes
Fund manager
Aza Teeuwen
Manager start date
01 Sep 2011
Fund manager biography
Aza joined TwentyFour in 2011 as a member of the portfolio management team, where his primary responsibility is the co-management of the Firm’s Monument and Dynamic Bond Funds as well as a number of bespoke portfolios for institutional clients. Before joining TwentyFour, Aza worked at IMC asset management, in Amsterdam, for 4 years. Aza worked on the structured products desk, that managed European Mezzanine ABS CDOs and funds. At IMC he was responsible for analysis, monitoring, trading and he played an active role in the portfolio management of the different mandates. Aza brings experience in predominantly Dutch, German and South European RMBS/ABS. Additionally Aza was involved in the structuring of a private transaction of a German portfolio of mortgages and consumer loans.
Fund manager
Douglas Charleston
Manager start date
17 Jun 2013
Fund manager biography
Doug joined TwentyFour in 2013 as a portfolio manager with primary responsibilities for the firm’s Monument Bond Fund and a number of institutional portfolios. Prior to joining TwentyFour, Doug worked as a structurer on the Capital Markets desk at Lloyds Bank covering term securitisations, warehouse facilities and whole loan transactions across Europe. Before this, Doug spent time as a primary rating analyst at Standard & Poor’s Structured Finance Division after spending four years at Nationwide where he was both a portfolio manager on the Treasury Investment desk and formerly an analyst with the Asset Backed Funding team which established the Silverstone Master Trust programme.
Head office
24 Cornhill
London
United Kingdom
EC3V 3ND
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