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

+2.24%

Estimated NAV

83.337p

Prices updated at 14 Nov 2024, 16:35 GMT
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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.

Company name
TwentyFour Asset Management LLP
Legal structure
Closed Ended Investment Company
Domicile
Guernsey
Fiscal year end
30 Sep 2025
Launch date
10 Mar 2014
Fund manager
Eoin Walsh
Manager start date
10 Mar 2014
Fund manager biography
Eoin is on the firm’s Investment Committee, which sets the overall risk bias for the portfolios managed by the firm, and his main responsibility is managing the firm’s Multi-Sector Bond team. Eoin began his career in 1998 and has developed an expertise in fixed income markets across a variety of roles including a role at Citigroup Alternative Investments where he managed over $75 billion of fixed income assets. Eoin graduated in Accounting & Economics from the University of Limerick.
Head office
24 Cornhill
London
United Kingdom
EC3V 3ND
mobile
+44 20 7015 8900
letter
-


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