TwentyFour Select Monthly Income Ord (SMIF)

Category Other Bond

This investment trust can be held in an Investment ISA, SIPP and Investment Account

Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Sell

85.20p

Buy

86.60p

arrow-up1.20p (+1.41%)

Discount/Premium

+1.74%

Estimated NAV

83.939p

Prices updated at 23 Dec 2024, 16:35 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The Fund will actively invest in a diversified portfolio of fixed income credit securities that exhibit an illiquidity premium, and which the Portfolio Managers believe represent attractive relative value. These securities will include (but are not limited to): corporate bonds, asset-backed securities, high yield bonds, bank capital, Additional Tier 1 securities, payment-in-kind notes and leveraged loans. Uninvested cash or surplus capital or assets may be invested on a temporary basis in cash and/or a range of assets including money market instruments and government bonds. The Fund may also use derivatives. This is only a summary; details of the Fund’s investment policy, including investment restrictions, are set out more fully in the Prospectus. Typical investors for whom these Ordinary Shares are intended are professional investors or professionally advised retail investors who are principally seeking monthly income from a portfolio of credit securities.

FTSE All-Share

0.17%

LSE

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Annual charges

Product charges
	1.21
	1.24
	0.10
Minimum investment	25.00

Documents

Document name chevron-l-regular chevron-r-regular	Language	Date posted
Factsheet	English	31 Oct 2024
Semi-Annual Report	English	31 Mar 2024
Annual Report	English	30 Sep 2023
Key Information Document (KID)	English	01 Jul 2023
Prospectus	English	07 Nov 2013

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Important Information

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