TwentyFour Income Ord (TFIF)

Category Other Bond

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

Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Sell

109.20p

Buy

110.20p

arrow-up2.80p (+2.60%)

Discount/Premium

-4.37%

Estimated NAV

112.52p

Prices updated at 10 Apr 2025, 16:35 BST

Prices minimum 15 mins delay

Prices in GBX

Investment objective

To generate attractive risk-adjusted returns principally through income distributions by investing in a diversified portfolio of UK and European asset-backed securities.The Portfolio will comprise at least 50 Asset Backed Securities at all times.

FTSE All-Share

-1.43%

LSE

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

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.

Company name

TwentyFour Asset Management LLP

Legal structure

Closed Ended Investment Company

Domicile

Guernsey

Fiscal year end

31 Mar 2026

Launch date

06 Mar 2013

Lead manager

John Lawler

Lead manager start date

15 Jun 2018

Lead fund manager biography

John joined TwentyFour as a Portfolio Manager in the ABS team in August 2016. His main responsibilities include the firm’s public ABS funds, and a number of institutional mandates. John’s career spans 30 years in investment banking having worked for Barclays Capital in London in fixed income distribution for 23 years, covering a broad range of asset classes including a strong focus on Asset Backed Securities. More recently he was a Managing Director and Head of European ABS sales at Nomura International and prior to that held the same role at Royal Bank of Scotland.

Head office

24 Cornhill

London

United Kingdom

EC3V 3ND

+44 20 7015 8900

Company website

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.

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