Fund Objective

The fund's investment objective is to achieve a high level of income from a diversified portfolio of debt securities.

Future Expectations

Whilst we acknowledge that rising inflation creates a difficult environment for the Bank of England to reduce rates and corporate bond markets may be vulnerable to more shocks in the near term, in general, economic data continues to point to a deteriorating UK economy. If economic growth continues to weaken, we anticipate that the Bank will look beyond the near-term elevated inflation level and reinitiate interest rates cuts over the longer term which should benefit good quality bonds.

Fund Details