Asset Backed Securities

Monument Bond Fund

ISIN
GB00B4XMPS34
Sedol
B4XMPS3

The fund aims to provide an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation. The fund aims to provide an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation. The Monument Bond Fund does not offer a capital guarantee or principal protection mechanism. Efforts to preserve the fund's capital will be focused on the selection of underlying mortgage European asset backed securities where the investment manager has a high degree of confidence as to the issuer's ability to repay the principal due.
145.42
NAV
0.08%
Performance YTD
As at 30 Nov 2020

A UCITS fund that seeks an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation. The Fund’s investment focus is European asset backed securities (ABS) which must be rated at least BBB- or equivalent at the time of investment.

Investment Objective

The fund aims to provide an attractive level of income relative to prevailing interest rates whilst maintaining a strong focus on capital preservation.

The Monument Bond Fund does not offer a capital guarantee or principal protection mechanism. Efforts to preserve the fund’s capital will be focused on the selection of underlying mortgage European asset backed securities where the investment manager has a high degree of confidence as to the issuer’s ability to repay the principal due.

Investment Approach

The investment policy of the sub-fund is to invest in a diversified portfolio of European asset backed securities (ABS), rated at least BBB- (or equivalent) at the time of investment by one or more of Standard & Poor’s, Moody’s Investor Services and Fitch, where the securities will be backed by the assets of institutions and issuers such as but not limited to residential mortgages, commercial mortgages, automobile leases and loans, SME loans and other secured bonds.

A portion of the portfolio may be held in cash or cash equivalents, such as treasury bills and government bonds, in order to further enhance the Sub-Fund’s liquidity. From time to time it is possible that a significant portion of the portfolio may be invested in securities from a particular geographical region.

Portfolio Managers

Insights

All data is as at 30 Nov 2020 unless otherwise indicated.

Fund data
Portfolio Manager TwentyFour Asset Management LLP
Fund Domicile United Kingdom
Share Class Currency GBP
End of fiscal year 31 March
Index 3 month GBP Libor
Fund Launch Date 10 Aug 2009
Share Class Launch date 1 Dec 2009
Distribution type Acc
Dealing Daily
Minimum investment 1,000.00
ISA/SIPP Eligible Yes
Fund Registrations GB
Share Class Registrations GB
Nav Information
Highest since launch 146.38
Lowest since launch 100.00
Fund size in mln. 1,078.80
Fees And Expenses
Management fee 0.60%
OCF 0.63% (30 Sep 2019)
Identifiers
ISIN GB00B4XMPS34
Bloomberg PTWFIGA LN
SEDOL B4XMPS3
Parties
Authorised Corporate Director Maitland institutional Services Ltd
Auditor PricewaterhouseCoopers
Depository Northern Trust
Registrar Maitland institutional Services Ltd

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee OCF OCF Date
A acc (Net) GBP GB00B3VH8W86 Acc Retail 10 Aug 2009 1.05% 1.08% 30 Sep 2019
I Acc (Gross) GBP GB00B4XMPS34 Acc Institutional 1 Dec 2009 0.60% 0.63% 30 Sep 2019
I Acc (Net) GBP GB00B3V5V897 Acc Institutional 13 Aug 2009 0.60% 0.63% 30 Sep 2019
I Inc (Gross) GBP GB00B4XCQT18 Dist Institutional 1 Dec 2009 0.60% 0.63% 30 Sep 2019
I Inc (Net) GBP GB00B3XVTT21 Dist Institutional 13 Aug 2009 0.60% 0.63% 30 Sep 2019
L Acc (Gross) GBP GB00BDD9NJ41 Acc 7 Mar 2017 0.35% 0.38% 30 Sep 2019
L Acc (Net) GBP GB00BDD9NG10 Acc 19 May 2016 0.35% 0.38% 30 Sep 2019
L Inc (Gross) GBP GB00BDD9NH27 Dist 21 Sep 2016 0.35% 0.38% 30 Sep 2019
L Inc (Net) GBP GB00BDD9NF03 Dist 19 May 2016 0.35% 0.38% 30 Sep 2019
Document Date EN
Factsheets & Commentaries
Factsheet Oct 2020
Monthly Commentary Oct 2020
KIIDs
KIID Jul 2020
Legal Documents
Sales Prospectus Aug 2019
Financial Reports
Annual Report Dec 2019
Policies
Remuneration Policy Dec 2014