Funds

Premier Miton Strategic Monthly Income Bond Fund

The aim of the fund is to provide income together with capital growth over the long-term, being five years or more. Five years is also the minimum recommended period for holding shares in this fund. This does not mean that the fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested.

The income will be paid through interest distributions on a monthly basis.

At least 70% of the fund is invested in a diversified portfolio of fixed and variable interest rate investments, including bonds issued by governments and companies. The fund has a bias to investment grade (higher quality) bonds although could invest up to 60% in sub-investment grade (lower quality) bonds.

The experienced fixed income team, led by Head of Fixed Income, Lloyd Harris, assess the global economic environment and financial market conditions to decide upon the allocations to the different assets in which the fund can invest. There are no restrictions to the economic sectors or geographic regions in which the fund may invest.

There is no guarantee that the fund will achieve its objective

The full investment objective and investment policy for the fund are published in the fund’s Prospectus

In brief
  • Income paid monthly as interest distributions per share
  • Invests in a diversified portfolio of fixed & variable interest rate investments, including bonds issued by governments and companies
  • Actively managed
  • Managed by experienced fixed income fund managers
The fund might be suitable for investors:
  • who have basic investment markets knowledge or experience of the basic characteristics and risks of funds;
  • who understand that all of their investment is at risk;
  • whose main investment priority is to receive a regular income;
  • who can invest for the long-term, which means at least 5 years;
  • who understand that the amount of income they will receive is not guaranteed and can go up and down;
  • who understand that there are no guarantees that they will get back the full amount originally invested when they come to sell their investment; and
  • who have consulted with an authorised financial adviser.
The fund might not be suitable for investors:
  • who need to fully protect their investment;
  • who want on-demand full repayment of the amount invested;
  • who have no tolerance for risk;
  • who are unable to accept the possibility that they may not get back the full amount originally invested when they come to sell their investment;
  • who are looking to invest for less than 5 years; and
  • who are looking for a guaranteed level of investment growth or a guaranteed amount of income.

The suitability descriptions above are for guidance only. We would always strongly recommend that investors consult with a financial adviser who can help assess risk profiles and the suitability of a fund. We are unable to provide individual investment advice or advise on the suitability of this fund for individual investors.

Fund managers

Lloyd Harris

Simon Prior

 

Risk and other important information

When you invest, your money is at risk because the value of investments, and any income from them, can go down as well as up and you could get back less than you invested. The past performance of an investment is not a guide to how it will perform in the future. Because there are many different types of investment risk and investors have different attitudes to risk, we are not able to categorise our investments as having a specific level of risk. We would therefore strongly recommend that if you do not have professional experience in matters relating to investments, you should speak with a financial adviser before making an investment decision.

Premier Miton Investors is not authorised to provide investment advice or tax advice. Before making an investment decision, it is also important that you read the key documentation for that investment which is available in the literature section of the website, by contacting a financial adviser or by getting in touch with us directly. See ‘Contact us’ for more information or if you are unsure. You can find more details about the specific risks and literature that are relevant to each type of investment on the individual fund, portfolio or investment trust website pages.

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