Global high yield bonds (active)

Mandates invested in government or corporate bonds with a S&P credit rating below BBB.

	AMC per annum (£,000)
	£25mn	£50mn	£75mn	£100mn	£125mn	£150mn	£175mn	£200mn	£225mn	£250mn	£275mn	£300mn	£325mn	£350mn	£375mn	£400mn	£425mn	£450mn	£475mn	£500mn
AMC top quartile	153	290	420	560	700	840	980	1,120	1,260	1,400	1,540	1,680	1,820	1,960	2,100	2,240	2,380	2,520	2,660	2,800
AMC median	138	275	375	500	625	750	875	1,000	1,125	1,250	1,375	1,500	1,625	1,750	1,875	2,000	2,125	2,250	2,375	2,500
AMC bottom quartile	125	245	338	450	563	675	788	900	990	1,100	1,210	1,320	1,430	1,540	1,650	1,760	1,870	1,980	2,090	2,200

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Mandates invested in government or corporate bonds with a S&P credit rating below BBB.

	OCF per annum (£,000)
	£25mn	£50mn	£75mn	£100mn	£125mn	£150mn	£175mn	£200mn	£225mn	£250mn	£275mn	£300mn	£325mn	£350mn	£375mn	£400mn	£425mn	£450mn	£475mn	£500mn
OCF top quartile	178	355	525	700	875	1,050	1,225	1,400	1,575	1,750	1,925	2,100	2,275	2,450	2,625	2,800	2,975	3,150	3,325	3,500
OCF median	163	325	458	610	763	915	1,068	1,220	1,373	1,525	1,678	1,830	1,983	2,135	2,288	2,440	2,593	2,745	2,898	3,050
OCF bottom quartile	143	285	420	550	688	825	963	1,100	1,193	1,325	1,458	1,590	1,723	1,855	1,988	2,120	2,253	2,385	2,518	2,650

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mandates invested in government or corporate bonds with a S&P credit rating below BBB.