MI TwentyFour Investment Funds Asset Backed Income Fund

Select share classes
There is only one type of share class for this fund.

MI TwentyFour AM Asset Backed Income Fund A Income Gross shares

Category Other Bond

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

£1.17193

arrow-down£-0.001 (-0.05%)

Fund Code

TWAAI

B987629

GB00B9876293

Prices updated as at 13 Mar 2025
|
Prices in GBP

Investment objective
The Fund aims to provide an attractive level of income along with an opportunity for capital growth. The Fund will invest in a diversified portfolio of European asset-backed securities, where the securities will be backed by the assets of European institutions and issuers such as residential mortgages, commercial mortgages, automobile leases and loans, SME loans and other secured bonds. From time to time it is possible that a significant portion of the portfolio may be invested in securities from a particular geographical region of Europe. A portion of the portfolio may from time to time be held in cash or cash equivalents, such as treasury bills and government bonds, in order to help manage the liquidity. The Fund will aim to minimise currency risk by materially hedging the Sub-Fund’s exposure in the foreign exchange markets. The Fund will also have the ability to use derivatives to reduce or mitigate other risks.

Dividend information

Dividend information
10.03
-
-
Semi-Annually
01 Oct 2024

Dividend history

Ex-div datePer share amountReinvestment price
01 Oct 20240.0520451.1187
02 Apr 20240.0577391.108413
02 Oct 20230.0488671.071058
03 Apr 20230.0518661.043075
03 Oct 20220.0341441.002732
01 Apr 20220.0315541.12214
01 Oct 20210.0328921.146508
01 Apr 20210.0303411.145799
01 Oct 20200.0281091.107616
01 Apr 20200.0317410.95449
01 Oct 20190.0314411.156972
01 Apr 20190.0314491.17082
01 Oct 20180.0358281.194189
03 Apr 20180.0410041.211122
02 Oct 20170.0343931.203633
03 Apr 20170.0172811.175711
03 Jan 20170.0159911.137144
03 Oct 20160.0331471.135618
01 Apr 20160.0298251.083134
01 Oct 20150.0297611.166827
01 Apr 20150.0297541.209433
Please note that past performance is not a reliable indicator of future returns.


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