BMO Multi-Sector Higher Income Bd C Inc

Fund

Fund Info

  • Yield History4.12%
  • 3 Year sharpe1.29
  • 3 Year alpha-0.72
  • Distribution Typeincome
  • BenchmarkIA £ High Yield Median
  • Legal StructureOpen Ended Investment Company
  • Fund Size (month end)Open Ended Investment Company
  • OCF0.56%
  • Sector£ High Yield
  • Manager GroupBMO
  • DomicileUnited Kingdom
  • ISINGB00B8191314

Investment Strategy

The OMW BMO Multi-Sector Higher Income Bond fund invests solely in the BMO Multi-Sector Higher Income Bond fund, a sub-fund of BMO Investment Funds (UK) ICVC, a UK authorised Open Ended Investment Company, managed by BMO Fund Management Limited. The underlying fund aims to achieve an income return, with some capital growth. The underlying fund invests primarily in a diversified multi-sector spread of high yield investments (securities that pay either a fixed or variable level of income on a periodic basis and generally repay a specified amount at a predetermined date). The underlying fund invests in non-investment grade high-yielding bonds. The high yield reflects a higher risk of capital loss through default.