For financial professionals in the UK

Core 4 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
GB00BF2DDC44

NAV
GBP 56.23p
As of 03/12/21

1-Day Change
GBP 0.10p (0.18%)
As of 03/12/21


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 sustainably high income return with the prospect for some capital growth whilst maintaining a moderate to moderately low level of volatility (variation of returns) over the medium to long term (5 years or more).

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The Fund is managed so that it aims not to deviate from predetermined parameters of forecast 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 forecast volatility may be outside of such parameters if the portfolio manager believes it is expedient to do so in order to improve investment performance. Observing the forecast volatility parameters will be prioritised over the generation of income.
The Fund will invest in a combination of transferable securities, fixed income securities, investment companies, collective investment schemes (other funds including those managed by Janus Henderson), exchange traded funds (ETFs), money market instruments, deposits, cash and near cash.
Derivatives and forward transactions may be used by the fund for investment purposes to achieve asset allocation and for the purposes of efficient portfolio management.

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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 4. 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

Rating-dynamic-planner-4-(Core-funds)
Rating-defaqto-4
Rating-Ranges
FE fundinfo Ratings based on Core 4 Income Fund I Inc shares only. Availability of  this share class may be limited by law in certain jurisdictions. Performance records are detailed on the specific KIID, fees and charges may vary and further information can be found in the fund’s prospectus and KIID which must be reviewed before investing. Please consult your local sales representative if you have any further queries.

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

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Discrete Performance (%)
As of 30/09/21
A Acc (Net)
 
Quarter End
As of 30/09/21
Sep-2020 - Sep-2021 Sep-2019 - Sep-2020 Sep-2018 - Sep-2019 Sep-2017 - Sep-2018 Sep-2016 - Sep-2017
A Acc (Net) 9.58 -2.66 4.86 0.79 -
Cumulative & Annualised Performance (%)
As of 31/10/21
A Acc (Net)
 
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
01/09/17
A Acc (Net) 0.29 4.16 11.03 4.60 - - 2.70
CALENDAR YEAR RETURNS (%)
A Acc (Net)
2016 2017 2018 2019 2020
A Acc (Net) - - -4.54 11.10 0.73
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.10%
Ongoing Charge
(As of 31/07/21)
1.33%

Portfolio

Top Holdings (As of 31/10/21)
% OF FUND
Janus Henderson Fixed Interest Monthly Income Fund Inc 7.18
iShares USD Treasury Bond 7-10yr UCITS ETF 5.69
Xtrackers USD Corporate Bond UCITS ETF 5.32
Muzinich Global Short Duration Investment Grade Fund Hedged GBP Income Founder I 4.55
S&P 500 Index CFD USD 3.52
iShares Core UK Gilts UCITS ETF 3.43
Hicl Infrastructure Plc GBP 3.42
Nikkei 225 CFDI 3.09
Renewables Infrastructure Group Npv GBP 3.06
RWC Enhanced Income 2.85

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.
  • 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 aims to stay within predetermined volatility parameters over a rolling period of at least 5 years. However, the Fund may move outside these parameters if considered beneficial to investment performance or with the aim of preserving capital. Managing volatility will be prioritised over income generation.
  • 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 the Fund trades becomes unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • 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.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved.
  • Summary of Investors rights