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MI TwentyFour - Monument Bond I Acc Gross

Ranked 4 out of 119 in - Global over 12 months
All calculations are in GBP unless stated

Managed by

Douglas Charleston

Douglas Charleston joined TwentyFour in 2013 as a portfolio manager on the ABS team. Charleston’s main responsibility is managing the firm’s ABS funds, including the Monument Bond Fund and the TwentyFour Income Fund, and more recently UK Mortgages Ltd. He is also a member of the firm’s Investment Committee. He started at Nationwide Building Society, where he helped establish the RMBS funding platform and manage Treasury ABS investments, then moved to S&P where he rated European RMBS transactions. Doug was hired from Lloyds where he was a structurer for RMBS and whole loans clients. He is a CFA Charterholder.

Rob Ford

Rob Ford is one of the founding partners of TwentyFour and a portfolio manager. Ford’s main responsibility is managing the firm’s ABS business, including the TwentyFour Senior Secured Bond Fund, the Monument Bond Fund, the TwentyFour Income Fund, and a number of institutional mandates. He also is a member of the firm’s Investment Committee. He has been trading ABS since their inception in the late 1980s, and as one of the market’s leading authorities on the sector he is also a pivotal member of a number of high-level market initiatives and steering groups. Ford previously spent over 20 years at Barclays Capital (formerly BZW) in London as a fixed income trader covering a broad range of instruments, where he established and managed the floating rate credit trading unit and was a managing director and head of European ABS trading.

Ben Hayward

Ben Hayward is one of the founding partners of TwentyFour and a portfolio manager. He is a member of the firm’s Executive Committee which has the overall responsibility for the day-to-day running of the business. Hayward’s main responsibility is managing the ABS business, having launched the Monument Bond Fund, the TwentyFour Income Fund and more recently UK Mortgages Ltd, as well as managing a number of institutional mandates. He is a member of the Investment, Risk and Product Committees. He has over 17 years fixed income portfolio management experience, having spent nine years at Citigroup Alternative Investments where he was responsible for managing four vehicles that invested $100 billion across asset-backed securities and credit.

Aza Teeuwen

Aza Teeuwen is one of the partners of TwentyFour and a portfolio manager. His main responsibility is managing the firm’s ABS funds, including the Monument Bond Fund and the TwentyFour Income Fund, in addition to a number of institutional mandates. He is also a member of the firm’s Investment Committee. Teeuwen joined TwentyFour in 2011, having spent four years working for IMC asset management in Amsterdam, where he focused on the European RMBS, CLO and ABS CDO sectors. He holds a master’s degree in financial engineering & management from the University of Twente in the Netherlands.

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 Fund will invest in a diversified portfolio of European and Australian asset-backed securities (ABS), rated at least BBB- (or equivalent) at the time of investment by one or more of Standard & Poors, Moodys 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.

Showing fund performance in United Kingdom View performance globally

Performance

Global over : 30/04/2017 - 30/04/2018
  • Rank 4/119 Total Return
  • Rank 1/119 Standard Deviation
  • Rank 1/119 Max Drawdown
Fund Name Currency Return
2 BlueBay Financial Capital Bond C GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

15.7%

3 Legg Mason Brandywine GlOpp FxdInc X GBP Dis M Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

5.3%

4 MI TwentyFour - Monument Bond I Acc Gross GBP

3.8%

5 UBP PG SICAV Active Income UPHD GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

3.5%

6 Thesis PM A Acc GBP

3.0%

Fund Name Currency Risk
1 MI TwentyFour - Monument Bond I Acc Gross GBP

0.4

2 Barings Investment Grade CLO A GBP Acc GBP

0.5

3 Vanguard Global Short-Term Bond GBP Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

0.7

4 Deutsche Invest I Global Bonds GBP IDH

Currency exposure is hedged

Currency exposure is hedged

GBP

0.8

5 PIMCO GIS Low Duration Gl Inv Gr Cr Inst GBP H Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

0.8

Fund Name Currency Loss
1 MI TwentyFour - Monument Bond I Acc Gross GBP

0%

2 Barings Investment Grade CLO A GBP Acc GBP

-0.1%

3 Janus Henderson Inst Absolute Return Bond Y Acc GBP

-0.3%

4 UBP PG SICAV Active Income UPHD GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.5%

5 Wellington Global Credit Buy&Maintain S GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.7%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 0.8%
2017 5.3% 1.9% 1.2% 1.1% 1.0%
2016 4.5% -1.2% 1.0% 3.6% 1.0%
2015 -1.9% 0.3% -1.2% -1.6% 0.6%
2014 4.9% 2.3% 2.0% 0.8% -0.3%
2013 5.2% 1.4% -0.2% 1.4% 2.5%
2012 15.7% 4.7% -0.1% 7.4% 2.9%
2011 -5.6% 0.7% 0.4% -4.7% -1.9%
2010 4.5% 3.0% -1.0% 1.9% 0.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/12/2009
  • Share Class size58Mn
  • Base currencyGBP
  • ISIN GB00B4XMPS34

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.95%
  • Initial investment0.95

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).