CQS New City High Yield Fund Ltd (NCYF)

Category GBP Flexible Bond

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

Sell

51.00p

Buy

51.40p

arrow-up0.10p (+0.19%)

Discount/Premium

+6.78%

Estimated NAV

48.23p

Prices updated at 12 Nov 2024, 17:15 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The investment objective is to provide investors with a high gross dividend yield and a potential for capital growth by mainly investing in high yielding fixed interest securities. The Company invests predominantly in fixed income securities, including, but not limited to, preference shares, loan stocks, corporate bonds (convertible and/or redeemable) and government stocks. The Company also invests in equities and other income- yielding securities.

FTSE All-Share

-1.25%

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

CQS (UK) LLP

Legal structure

Closed Ended Investment Company

Domicile

Jersey

Fiscal year end

30 Jun 2025

Launch date

09 Dec 2004

Lead manager

Ian Francis

Lead manager start date

30 Nov 2007

Lead fund manager biography

Ian ‘Franco’ Francis is CIO New City, and a Senior Portfolio Manager for CQS’ New City High Yield and Convertibles business and joint Portfolio Manager for CQS Natural Resources Growth and Income plc. Ian joined CQS in 2007 as part of CQS’ acquisition of New City and has more than 35 years’ experience in trading and portfolio management. Prior to joining CQS in 2007, Ian worked in a variety of roles in convertible bond trading and sales at firms including Collins Stewart Limited, where he was Head of Trading and Convertibles; West LB Panmure as Head of Convertibles, James Capel & Co. and Hoare Govett & Co. He began his career in fund management at Baring Bros. and Phillips & Drew.

Head office

4th Floor, One Strand, London WC2N 5HR, 5HR

London

United Kingdom

WC2N 5HR

011442072016900

Company website

Important Information

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