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Global Bonds
· at least 80% of their
assets invested in fixed interest stocks (this category includes all
such funds except those holding more than 80% in UK bonds - so includes
funds holding more than 80% in bonds of other geographic areas)
UK Equity and Bond Income
· at least 80% of their
assets invested in the UK
· between 20% and 80%
in UK fixed interest securities
· between 20% and 80%
invested in UK equities
· aiming to have a yield
of 120% or over of the FTSE All-Share Index
Managed Income
· a maximum equity content
of 60% (includes convertibles)
· a minimum gross running
yield of 120% of the FTSE All-Share Gross yield before deduction of
management charges
