TwentyFour Select Monthly Income Ord (SMIF)

Category Other Bond


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

84.80p

Buy

85.60p

arrow-up0.20p (+0.23%)

Discount/Premium

+2.06%

Estimated NAV

83.48p

Prices updated at 14 Nov 2024, 16:35 GMT
| Prices minimum 15 mins delay
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Prices in GBX

Investment objective
The Fund will actively invest in a diversified portfolio of fixed income credit securities that exhibit an illiquidity premium, and which the Portfolio Managers believe represent attractive relative value. These securities will include (but are not limited to): corporate bonds, asset-backed securities, high yield bonds, bank capital, Additional Tier 1 securities, payment-in-kind notes and leveraged loans. Uninvested cash or surplus capital or assets may be invested on a temporary basis in cash and/or a range of assets including money market instruments and government bonds. The Fund may also use derivatives. This is only a summary; details of the Fund’s investment policy, including investment restrictions, are set out more fully in the Prospectus. Typical investors for whom these Ordinary Shares are intended are professional investors or professionally advised retail investors who are principally seeking monthly income from a portfolio of credit securities.

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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.

Annual charges

Product charges
1.26
1.25
0.10
Minimum investment25.00

Documents

LanguageDate posted
FactsheetEnglish30 Sep 2024
Semi-Annual ReportEnglish31 Mar 2024
Annual ReportEnglish30 Sep 2023
Key Information Document (KID)English01 Jul 2023
ProspectusEnglish07 Nov 2013
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