Norwich Union Managed High Income Class 1 Net Asset Value
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.25% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 1.29% |
| Launch date | 01-05-2002 |
| Launch price | £0.48 |
| Sector | GBP Strategic Bond |
| Fund size | £112 million |
| Number of holdings | 180 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Christopher Higham
Located in: London
Chris joined the firm ( as Morley Fund Management ) in December 2007.
Chris previously worked for Old Mutual Asset managers as a Fund Manager, having joined OMAM in 2005. At Old Mutual Chris was co-manager of the Old Mutual Dynamic Bond Fund and deputy manager of the Old Mutual Corporate Bond Fund. Prior to joining Old Mutual he was a Credit Analyst for Morley Fund Management from 1999.
Chris holds a BSc (Hons) in Economics from Durham University and the UKSIP Investment Management Certificate. He is also an associate member of the UK Society of Invement Professionals (ASIP) and a CFA charterholder
Income details
| Distribution yield | 9.71% |
|---|---|
| Underlying yield | 9.71% |
| Income paid | Monthly |
| Type of payment | Interest |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 15 January 2008 |
|---|---|
| Payment date ³ | 27 February 2008 |
1 of 12 
Top 10 holdings
| Telefonica Emision 5.375% 02/02/18 | 2.43% |
|---|---|
| France Telecom 6% 29/03/2012 | 2.34% |
| RL Finance Bonds Plc 6.125% | 1.91% |
| Egg Banking Plc 7.5% 09/05/2049 | 1.85% |
| Credit Agricole Sa 6.637% 31/05/49 | 1.79% |
| Turanalem Finance 7.125% 21/12/2009 | 1.72% |
| TVN Fin Corp 9.5% 15/12/2013 | 1.62% |
| Bbv Intl Pref Uniperson 7.093% 07/49 | 1.58% |
| Standard Life Plc 6.75% Perp Reset Sub Gtd Bds GBP(VAR) | 1.51% |
| Siemens 6.125% 2016 | 1.48% |
Top 10 sectors
| Bonds | 98.10% |
|---|---|
| Non-Classified | 0.97% |
| Cash and Equiv. | 0.94% |
Top 10 countries
| United States | 35.46% |
|---|---|
| United Kingdom | 29.00% |
| France | 7.22% |
| Netherlands | 6.91% |
| Spain | 4.81% |
| Luxembourg | 3.43% |
| Non-Classified | 2.35% |
| Canada | 2.19% |
| Italy | 2.11% |
| South Africa | 1.53% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 02-12-2008. Data accurate as at 31/10/2008.
