MI TwentyFour Core Corporate Bond Fund A Gross Income shares
Category GBP Corporate Bond
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
£0.88729
£-0.001 (-0.07%)
Fund Code
TWCAI
BDD0M01
GB00BDD0M018
Prices updated as at 06 May 2025
Prices in GBP
Investment objective
The Sub-Fund aims to exceed the return of the iBoxx GBP Corporate Bond Index over a rolling 3 year period based on a combination of income and capital growth. The Sub-Fund will seek to achieve its investment objective by investing primarily in Investment Grade Sterling denominated corporate bonds, or bonds denominated in currencies other than Sterling but hedged to Sterling. Interest rate risk (duration) will be restricted to being within 2 years +/- versus the benchmark duration. Sector limits to be applied are that the total weight of ‘Banking’ sector exposures cannot be greater than 10% above the benchmark weight, and similarly the total exposure to ‘Financials’ cannot be greater than 10% above the benchmark weight.
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.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Company name
TwentyFour Asset Management LLP
Fund launch date
25 Jan 2016
Domicile
United Kingdom
UCITS
Yes
Fund manager
Chris Bowie
Manager start date
25 Jan 2016
Fund manager biography
Chris has been managing fixed income portfolios for over 25 years, both across global credit and government bonds. Chris is one of the partners of TwentyFour and a member of the portfolio management team, where his primary responsibility is the management of the Outcome Driven business line.
Before joining TwentyFour in September 2014, Chris was Head of Credit portfolio management for ten years at Ignis Asset Management and was responsible for the firm’s £14bn of retail, institutional and insurance credit portfolios. Chris achieved top decile investment performance for the Ignis Corporate Bond Fund over 5 years, leading to a AAA rating from Citywire and a Bronze rating from Morningstar. Citywire also ranked Chris 14th out of 1,000 of the world’s top investment managers for three year risk-adjusted performance in 2012, across fixed income, equity, property and cash asset classes.
Between 2000 and 2004, Chris was Head of Rates at AEGON Asset Management in Edinburgh, responsible for £7bn of Rates portfolios across UK and Global Sovereign bond funds. Prior to this, from 1994 to 2000, Chris was a Senior Fixed Income Portfolio Manager at Murray Johnstone Ltd. which was acquired by Aberdeen Asset Management in 2000. Here, Chris covered both credit and government bond portfolios for both retail and institutional clients. Prior to his fund management career, Chris was an Analyst/Programmer for National Australia Bank. Chris holds the ASIP designation.
Fund manager
Gordon Shannon
Manager start date
25 Jan 2016
Fund manager biography
Gordon is one of the partners at TwentyFour having joined in 2015 as a Portfolio Manager. He has over 15 years of experience in fixed income. Gordon’s main responsibility is as Co-Head of the Outcome Driven Business line. Gordon is also a member of the firm’s Investment Committee and ESG steering group.
Before joining TwentyFour, Gordon was a portfolio manager at Ignis Asset Management, helping to run £14bn of retail, institutional and insurance portfolios on the firm’s credit desk. Gordon worked at Ignis for 8 years running several euro and sterling corporate bond mandates. While at Ignis Gordon became a CFA Charterholder. Prior to this Gordon worked as a Pensions Consultant at Watson Wyatt for two years, after graduating from Cambridge University in 2005 with a degree in Economics.
Head office
24 Cornhill
London
United Kingdom
EC3V 3ND
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