Core 3 Income Fund

An actively managed, risk-targeted, income-seeking fund that expertly mixes assets from the global market spectrum, aiming to diversify sources of income and returns.

ISIN
GB00B89MF187

NAV
GBP 0.60p
As of 03/04/20

1-Day Change
GBP 0.00p (0.03%)
As of 03/04/20

Morningstar ratings are based on the representative share class of this fund and are dated to the last month-end upon availability from Morningstar.

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide a sustainable level of income with the potential for capital growth, while maintaining a moderately low level of volatility, over the long term (5 years or more). Maintaining the volatility of the Fund within defined limits, while not guaranteed, is prioritised over the generation of income.

More

The Fund invests in Collective Investment Schemes (other funds including those managed by Janus Henderson and Exchange Traded Funds) to provide diversified global exposure to a range of assets including bonds issued by companies and governments, company shares (equities), and to a lesser extent, alternative assets such as property and commodities.
The Fund may invest directly in other assets including shares (equities), bonds, cash and money market instruments.
The investment manager may use derivatives (complex financial instruments) with the aim of making investment gains in line with the Fund’s objective, to reduce risk or to manage the Fund more efficiently.
The Fund is actively managed with reference to Distribution Technology (an independent risk rating body) risk profile level '3' as referenced in the Fund’s name, as this relates to the target risk profile of the Fund. The investment manager has a high degree of freedom to choose individual investments for the Fund.

Less

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is for promotional purposes and does not qualify as an investment recommendation.

ABOUT THIS FUND

  • The Multi-Asset Core Income range aims to remain within pre-set risk parameters as measured by Distribution Technology (an independent risk-profiling firm).
  • Aims to offer clients a cost-considered, multi-asset strategy with a risk profile of 3. Distribution Technology profiles funds on a scale of 1-10 and takes into consideration risk targets and other factors as well as past data.
  • The fund aims to provide an attractive and competitive level of regular income on a monthly basis.
Past performance is not a guide to future performance. 
 

RATINGS AND AWARDS

Ratings for this fund include:

PORTFOLIO MANAGEMENT

Dean Cheeseman

Portfolio Manager

Industry since 1995. Joined Firm in 2017.

Nick Watson, CFA

Portfolio Manager

Industry since 2007. Joined Firm in 2007.

Paul O’Connor

Head of Multi-Asset | Portfolio Manager

Industry since 1995. Joined Firm in 2013.

Performance

Performance returns related to this share class are currently being prepared for our website.  Please select a different share class at the top of the page.
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.10%
Ongoing Charge
(As of 31/07/19)
1.35%

Portfolio

Top Holdings (As of 29/02/20)
% OF FUND
iShares USD Treasury Bond 7-10yr UCITS ETF 11.77
iShares Core UK Gilts UCITS ETF 10.33
Janus Henderson Fixed Interest Monthly Income Fund Inc 6.79
Muzinich Global Short Duration Investment Grade Fund GBP 6.44
iShares USD Corporate Bond ETF 4.60
Renewables Infrastructure 3.36
Axa Fixed Interest Icvc - US Short Duration High Yield Fund GBP 3.17
iShares FTSE UK Dividend Plus 2.94
Hicl Infrastructure Plc GBP 2.84
JPMorgan Global Emerging Markets Income Trust 2.63

Documents

  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • ​You should note that your tax treatment in relation to any investments held outside an ISA will depend on your individual circumstances and may be subject to change in the future. Governments may change the tax rules which affect you or the Funds in which you have invested.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • An issuer of a bond (or money market instrument) may become unable or unwilling to pay interest or repay capital to the Fund. If this happens or the market perceives this may happen, the value of the bond will fall.
  • When interest rates rise (or fall), the prices of different securities will be affected differently. In particular, bond values generally fall when interest rates rise. This risk is generally greater the longer the maturity of a bond investment.
  • The Fund invests in other funds (including exchange traded funds and investment trusts/companies), which may introduce more risky assets, derivative usage and other risks, as well as contributing to a higher level of ongoing charges.
  • The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund or you invest in a share class of a different currency to the Fund (unless 'hedged'), the value of your investment may be impacted by changes in exchange rates.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • The Fund is managed so that it aims not to deviate from predetermined parameters of volatility, as measured by an independent risk rating body, over a medium to long term rolling period of at least 5 years. However, during this period the Fund’s volatility may be outside of such parameters if the portfolio manager believes it is expedient to do so in order to maintain investment performance. Observing the volatility parameters will be prioritised over the generation of income.
  • Some or all of the Annual Management Charge and other costs of the Fund may be taken from capital, which may erode capital or reduce potential for capital growth.
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty. View the portfolio transaction costs across the Henderson UK Fund range.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
TOP