The fund aims to provide a high return over the long term from a diversified portfolio of bonds and other debt securities. It is actively managed and invests mainly in below investment grade and unrated bonds issued by corporations and banks in developed markets, and may also invest in issuers in emerging markets. Derivatives may be used for efficient portfolio management, including hedging, and non-sterling exposure is typically hedged to sterling. Income is reinvested.
Freetrade is your gateway to commission-free investing. Join over 1.6 million users using the Best online trading platform, as voted at the British Bank Awards for six years running.
Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go down as well as up and you may receive back less than your original investment. Past performance is not a reliable indicator of future returns. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).
© 2026 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.