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Ninety One Diversified Income Class I - Accumulation (GBP)

Sell:192.07p Buy:192.07p Change: 0.18p (0.09%)
Prices as at 7 November 2024
Sell:192.07p
Buy:192.07p
Change: 0.18p (0.09%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 7 November 2024
Sell:192.07p
Buy:192.07p
Change: 0.18p (0.09%)
Prices as at 7 November 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.79%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.79%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 18 April 1994
Sector: Mixed Investment 0-35% Shares
Fund size: £843 million
Number of holdings: 633
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: State Street Trustees Limited
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

06/11/19 to 06/11/20 06/11/20 to 06/11/21 06/11/21 to 06/11/22 06/11/22 to 06/11/23 06/11/23 to 06/11/24
Annual return 2.78% 3.05% -7.25% 5.14% 7.87%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

HL Research

The fund is managed by John Stopford and Jason Borbora-Sheen. Stopford has over 30 years’ experience of investing in bonds and started managing this fund in 2012. Borbora-Sheen has over 10 years’ experience and joined Ninety One in 2015. He’s helped Stopford run the fund since 2019.

The fund mainly invests...

Our latest article

Senior Investment Analyst Hal Cook shares our analysis on the manager, process, culture, ESG integration, cost and performance of the Ninety One Diversified Income fund.

Fund Objective

The Fund aims to provide income with the opportunity for capital growth (to grow the value of your investment) over at least 5 years. The Fund seeks to limit volatility (the pace or amount of change in its value) to lower than 50% of that of shares of UK companies (measured using the FTSE All Share Index). While the Fund aims to have volatility of less than 50% of UK companies there is no guarantee that this will be achieved and there may be times when the Fund’s volatility is higher than this level.

Income Details

Distribution yield : 4.21%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 1 October 2024 1 November 2024 1 December 2024 1 January 2025 1 February 2025 1 March 2025 1 April 2025 1 May 2025 1 June 2025 1 July 2025 1 August 2025 1 September 2025
Payment date: 30 November 20244 31 December 20244 31 January 20254 28 February 20254 31 March 20254 30 April 20254 31 May 20254 30 June 20254 31 July 20254 31 August 20254 30 September 20254 31 October 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 September 2024.

Security Weight
UNITED STATES TREASURY NOTE/BO 07/25 4.75 4.17%
UNITED STATES TREASURY NOTE/BO 10/30 4.875 3.39%
UNITED STATES TREASURY NOTE/BO 11/42 4 3.39%
UNITED STATES TREASURY NOTE/BO 10/24 4.375 2.90%
Ninety One Global Global Credit Income Class S Inc-2 2.71%
UNITED STATES TREASURY NOTE/BO 05/37 5 2.49%
UNITED STATES TREASURY NOTE/BO 11/42 2.75 2.09%
NEW ZEALAND LOCAL GOVERNMENT F LOCAL GOVT G 04/33 3.5 1.78%
INDONESIA TREASURY BOND BONDS 09/26 8.375 1.67%
MEXICAN BONOS BONDS 12/24 10 1.64%
Sector Weight
Bonds 80.94%
Alternative Trading Strategies 3.43%
Non-Classified 2.94%
Equity Investment Instruments 2.00%
Pharmaceuticals & Biotechnology 1.40%
Precious Metals & Mining 1.04%
Banks 0.80%
Non-life Insurance 0.80%
Beverages 0.76%
Personal Care, Drug & Grocery Stores 0.70%
Country Weight
United States 25.59%
Non-Classified 15.58%
Australia 11.96%
Canada 11.75%
Mexico 4.67%
Brazil 3.68%
New Zealand 3.49%
United Kingdom 3.06%
South Africa 3.03%
Indonesia 2.98%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 7 November 2024. Data provided by Broadridge, correct as at 31 July 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from an ISA or a Fund & 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.