31/08/19 to 31/08/20 |
31/08/20 to 31/08/21 |
31/08/21 to 31/08/22 |
31/08/22 to 31/08/23 |
31/08/23 to 31/08/24 |
|
---|---|---|---|---|---|
Fund | 3.4% | 8.2% | -12.5% | 1.4% | 13.9% |
Sector | 3.7% | 5.3% | -10.5% | 0.3% | 10.4% |
Rank | 35/70 | 13/75 | 54/81 | 36/86 | 7/88 |
Quartile | 2 | 1 | 3 | 2 | 1 |
Annualised | ||||
---|---|---|---|---|
3 Years to 31/08/24 |
5 Years to 31/08/24 |
10 Years to 31/08/24 |
||
Fund | 0.3% | 2.5% | 3.3% | |
Sector | -0.3% | 1.6% | 2.6% | |
Rank | 38/81 | 23/70 | 14/52 | |
Quartile | 2 | 2 | 2 |
Stock | % Weight |
---|---|
T 4 1/2 11/15/33 | 8.70 |
T 4 02/15/34 | 6.55 |
DBR 2.2 02/15/34 | 5.10 |
B 09/17/24 | 3.49 |
NATIONWIDE BUILDING SOCIETY | 1.69 |
PICORP 7 ⅜ PERP | 1.28 |
PHNXLN 5 3/4 PERP | 1.12 |
ROTHLF 5 PERP | 0.86 |
NWIDE 5 3/4 PERP | 0.84 |
BACR 4 ⅜ PERP | 0.81 |
Total | 30.43 |
The Dynamic Bond Fund aims to provide an attractive level of income along with an opportunity for capital growth, by investing in a broad range of bonds and fixed income assets.
Eoin is one of the founding partners of TwentyFour, and a Portfolio Manager. Eoin’s main responsibility is managing the firm’s Multi-Sector Bond team with funds including the Dynamic Bond Fund and Select Monthly Income Fund. He also sits on the firm’s Investment Committee. Eoin has over 20 years of experience in fixed income markets and prior to joining TwentyFour was a portfolio manager at Citigroup Alternative Investments, managing over $75bn of fixed income assets.
Mark is one of the founding partners of TwentyFour, and serves as the firm’s Chief Executive Officer. He sits on the firm’s Executive Committee, which has the overall responsibility for the day to day running of the firm, as well as the Board of Directors which sets the overall strategy and direction of the business. Day to day, Mark is also a key member of the firm’s Multi-Sector Bond team which manages strategies including the Dynamic Bond Fund. He is a member of the firm’s Investment Committee. Mark has 29 years of experience in fixed income markets gained across a variety of senior roles asset management and investment banking, including positions at Barclays Capital, Lehman Brothers and Morgan Stanley.
David Norris joined TwentyFour in September 2018. Based in the New York office, he serves as the Head of US Credit as well as one of the portfolio managers of the Multi-Sector Bond team. He is a credit specialist with 30 years’ experience in fixed income markets gained across a variety of senior roles in asset management and investment banking in London, Frankfurt and New York.
Felipe joined TwentyFour in 2011 and is a Portfolio Manager in the Multi-Sector Bond team. Felipe’s main responsibility is managing funds including the Dynamic Bond Fund and Select Monthly Income Fund. He is also a member of the Investment Committee. Prior to joining TwentyFour, Felipe worked as an Asset Allocation and Strategy Analyst at Celfin Capital in Chile, now part of the BTG Pactual group. There, Felipe took an active role in developing the team’s strategic view of the global macro economy and asset classes. Felipe graduated from Pontificia Universidad Catolica de Chile with a Bachelor’s degree in Economics and Business Administration before obtaining a master’s in Finance from the London Business School. Felipe is also a CFA Charterholder.
Pierre joined TwentyFour in April 2014 as a Portfolio Manager in the Multi-Sector Bond team. His main responsibility is managing the business line’s funds including the Dynamic Bond Fund and Select Monthly Income Fund. Pierre also manages the FX hedging and daily funding for a number of funds and managed accounts. Pierre has over 7 years of experience in fixed income and previously worked in WestLB’s credit trading and special situations divisions. Pierre graduated in Mathematics & Economics from University College London.
Mid (29/08/2024) | £192.06 |
Distribution yield | 7.58% |
Underlying yield | - |
Fund size (31/07/2024) | £1543.09m |
Number of holdings | 244 |
Entry Charge | 0.00% |
Ongoing Charges | 0.79% |
Launch date | 26/04/2010 |
International Bonds | 68.50% | |
UK Corporate Bonds | 14.67% | |
UK Equities | 1.69% | |
Other Assets | 15.15% |
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
International Bonds | 68.50% | |
UK Corporate Bonds | 14.67% | |
UK Equities | 1.69% | |
Other Assets | 15.15% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Bonds | 83.16% | - | - | - | |
Non-Classified | 15.15% | - | - | - | |
Financials | 1.69% | - | - | - | |
Banks | - | 1.69% | - | - | |
Banks | - | - | 1.69% | - | |
Banks | - | - | - | 1.69% |
Developed Europe - Excl UK | 36.04% | |
North America | 28.31% | |
Non-Classified | 18.05% | |
UK | 16.35% | |
South & Central America | 0.81% | |
Australia & New Zealand | 0.35% | |
Emerging Asia | 0.09% |
Euro | 32.75% | |
US Dollar | 32.28% | |
Non-Fixed Interest Assets | 16.84% | |
Pound Sterling | 15.88% | |
Unrecognised | 2.00% | |
Singapore Dollar | 0.25% |
Region | Country | ||
---|---|---|---|
Developed Europe - Excl UK | 36.04% | - | |
![]() |
- | 8.74% | |
![]() |
- | 6.63% | |
![]() |
- | 5.53% | |
![]() |
- | 3.73% | |
![]() |
- | 3.01% | |
![]() |
- | 2.71% | |
![]() |
- | 1.65% | |
![]() |
- | 1.20% | |
![]() |
- | 1.03% | |
![]() |
- | 0.55% | |
![]() |
- | 0.28% | |
North America | 28.31% | - | |
![]() |
- | 28.31% | |
Non-Classified | 18.05% | - | |
UK | 16.35% | - | |
![]() |
- | 16.35% | |
South & Central America | 0.81% | - | |
![]() |
- | 0.81% | |
Australia & New Zealand | 0.35% | - | |
![]() |
- | 0.35% | |
Emerging Asia | 0.09% | - | |
![]() |
- | 0.09% |
< 5Yr Maturity |
|
13.28% |
5Yr - 10Yr Maturity |
|
39.89% |
10Yr - 15Yr Maturity |
|
1.85% |
> 15Yr Maturity |
|
28.14% |
Other Asset Types |
|
16.84% |
AAA |
|
21.69% |
A |
|
0.51% |
BBB |
|
13.56% |
Sub-Investment Grade |
|
15.22% |
Unknown Quality |
|
32.19% |
Other Asset Types |
|
16.84% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | T 4 1/2 11/15/33 | 8.70% | Bonds | United States |
2 | T 4 02/15/34 | 6.55% | Bonds | United States |
3 | DBR 2.2 02/15/34 | 5.10% | Bonds | Germany |
4 | B 09/17/24 | 3.49% | Bonds | United States |
5 | NATIONWIDE BUILDING SOCIETY | 1.69% | Banks | United Kingdom |
6 | PICORP 7 ⅜ PERP | 1.28% | Bonds | United Kingdom |
7 | PHNXLN 5 3/4 PERP | 1.12% | Bonds | United Kingdom |
8 | ROTHLF 5 PERP | 0.86% | Bonds | United Kingdom |
9 | NWIDE 5 3/4 PERP | 0.84% | Bonds | United Kingdom |
10 | BACR 4 ⅜ PERP | 0.81% | Bonds | United Kingdom |
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | B5VRV67 |
Mex Code | - |
Isin Code | GB00B5VRV677 |
Citi Code | JZU9 |
Entry Charge | 0.00% |
Ongoing Charges | 0.79% |
Aims | The Dynamic Bond Fund aims to provide an attractive level of income along with an opportunity for capital growth, by investing in a broad range of bonds and fixed income assets. |
Benchmark | 3m GBP Libor |
Benchmark Category | - |
IA Sector | £ Strategic Bond |
Valuation frequency | Daily |
Valuation point | 18:00 |
Fund type | OEIC |
Launch price | £10.00 |
Fund currency | Pound Sterling |
Fund domicile | United Kingdom |
ISA allowable | Yes |
SIPP allowable | Yes |
Income frequency | Quarterly |
Distribution Type | Interest |
Distribution Payment Basis | Gross |
Ex dividend date(s) | Income payment date(s) |
---|---|
01 January | 28 February |
01 April | 31 May |
01 July | 31 August |
01 October | 30 November |
FE Crown | ![]() |
Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
---|---|
- | - |
Fund Trustee/Depository | The National Westminster Bank plc |
Fund Administrator | Maitland Institutional Services Limited |
Fund Registrar | Maitland International Securities Limited |
Fund Custodian | The Northern Trust Company |
Group name | MI TwentyFour Investment Funds |
Group address | TwentyFour Asset Management 24 Cornhill, London, EC2V 3ND |
Group telephone | 0207 015 8900 |
Dealing telephone | - |
salessupport@twentyfouram.com | |
Homepage | www.twentyfouram.com |
Fax number | - |
Minimum Investment | £1000 |
Minimum Top Up | £1000 |
Minimum Regular Saving | - |
Settlement Period: Buy | 4 days |
Settlement Period: Sell | 4 days |
Pricing Basis | Forward |
Dealing Decimals | 2 |
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.