Another way to break it down, the firm said would be roughly70% in investment grade bonds and 30% below investment grade, but at the high quality end of the spectrum.
Blundell added: “The funds approach will build on our success on the Corporate Bond fund with the addition of a wider more global opportunity set. We will also asset allocate between different parts of the global fixed income markets including high yield and emerging markets to enhance the level of income we know our clients require in this low yield environment.”
The D class of the fund, which will be available on platforms, will have an AMC of 0.5%, an OCF of 0.7% and minimum investment of £100,000 ($144,659, €127,760). The A class, which has a minimum investment of £500 has an AMC of1% and an OCF of 1.2%.
