MI Charles Stanley Monthly High Income C Inc

SEDOL: B92V326 | ISIN: GB00B92V3267 | MEX: 2FMESL | CITI: I21Z

  • Buy 98.9 GBX

  • Sell 98.9 GBX

  • Price Change 0.03270%

Income

Past Performance

  • 25th Jun 2014 to 25th Jun 20154.51%
  • 25th Jun 2015 to 25th Jun 2016-1.24%
  • 25th Jun 2016 to 25th Jun 20179.61%
  • 25th Jun 2017 to 25th Jun 20180.12%
  • 25th Jun 2018 to 25th Jun 20193.93%

Objectives and Approach

The objective of the MI Charles Stanley Monthly High Income Fund is to generate a high income with the potential for capital growth from a portfolio consisting of UK bonds, government securities, high yielding equities and preference shares. There may be occasions when we chose to hold collective investment schemes and a high level of cash and money market instruments.

Key Information

Inception 13th Mar 2006
Yield 4.4086%
Sector IA Mixed Investment 0-35% Shares
Fund Size £70.980mn
Fund Type OEIC
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
0.88%
Initial Charge 0%
AMC 0.75%
Our Platform Charge
We charge a platform fee starting at 0.35% for the first £250,000 of assets. Our charges for assets above £250,000 are shown on our rates and charges sheet
0.35%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of £5,000 over 1 year assuming a net zero growth rate

Cost Category % of Investment £5000 lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
0.88%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of 5% applies evenly throughout the year, before any charges including product charges

£5,000 lump sum invested with an assumed growth rate of 5% 1 year 5 years
What you might get back at 5% with no charges applied

What you might get back at 5% with no charges applied

These are the illustrative values of a £5,000 investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of £5,000 assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of £5,000 assuming a 5% growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of £5,000 assuming a 5% growth rate
What you might get back at 5% with charges applied

What you might get back at 5% with charges applied

These are the illustrative values of a £5,000 investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of 5%. Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          1.67% 2.40% 7.20% 3.93% 14.06% 17.72%

          Important Information
          Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

          The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



        Composition

        Important Documents


        The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

        Fund Provider Factsheet
        The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
        FUND PROVIDER FACTSHEET
        289,371 bytes PDF Document; last updated 31 May 2019
        Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
        KEY INVESTOR INFORMATION DOCUMENT
        147,447 bytes PDF Document; last updated 23 Apr 2019
        Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
        ANNUAL REPORT
        639,234 bytes PDF Document; last updated 31 Jan 2019
        Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
        SEMI-ANNUAL REPORT
        367,463 bytes PDF Document; last updated 31 Jul 2018
        Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
        PROSPECTUS
        946,727 bytes PDF Document; last updated 25 Feb 2019

        Management Team

        Jeremy Spain Chris Ainscough

        Jeremy Spain has managed this fund for 3 years and 5 months.

        Jeremy Spain Jeremy joined Charles Stanley in 2011 and has 30 years’ investment experience covering capital markets and fixed income derivatives. Prior to joining Charles Stanley, Jeremy held the position of Head of Bond Trading and Sales at Banco Popolare di Milano in London, having previously held a senior role running proprietary bond portfolios at J. Henry Schroder & Co.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Jeremy

        Name of Security Sole/Co Managed Since
        MI ChrlsStnlyMntlyHghInc Co Jan 2016

        Chris Ainscough has managed this fund for 4 years and 2 months.

        Chris Ainscough Chris joined Charles Stanley in 2013. He holds a Masters degree in Mathematics from Oxford University and since joining Charles Stanley he has completed the Investment Management Certificate and passed all three levels of the CFA Program. He co-manages Charles Stanley’s range of multi-asset OEIC fund as well as advising on a number of Charles Stanley’s segregated mandates and models. Chris is also an Associate member of the Chartered Institute for Securities and Investments.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Chris

        Name of Security Sole/Co Managed Since
        MI Charles Stanley Equity Co Apr 2015
        MI Charles Stanley Equity Co Apr 2015
        MI ChrlsStnlyMntlyHghInc Co Apr 2015
        MI CharStMuAsGwt Co Apr 2017
        MI CharStMuAsGwt Co Apr 2017
        MI CharStMuAsAdvt Co Apr 2017
        MI CharStMuAsAdvt Co Apr 2017
        MI CharStMuAsMdt Co Apr 2017
        MI CharStMuAsMdt Co Apr 2017
        MI CharStMuAsCts Co Apr 2017
        MI CharStMuAsCts Co Apr 2017
        • Chris Ainscough, co-manager of the Charles Stanley Monthly High I...

          3rd Apr 2019 READ MORE
        • This fund blends together a wide variety of income ideas while ai...

          22nd Aug 2018 READ MORE
        • Our income fund blends together a wide variety of investments to ...

          20th Jul 2018 READ MORE
        VIEW ALL NEWS

        Investment involves risk. You may get back less than invested.