m&s high income fund.

clive0510

HI. I have a s&s isa with m&s savings and investments. its called a high income fund. I have about 2k in there which makes about £20 qauterly. so my question is if I put 20k in there will I get £200 qauterly, or does not work like that? any help appreciated.

masonic

Presumably it's this fund: https://www.trustnet.com/factsheets/o/kj06/marks--spencer-high-income-inc

It's essentially a corporate bond fund. The yield is about 4%, which equates to about £200 quarterly for a £20k investment, but this can vary depending on the underlying investments.

If you have £20k to invest, it might be worth spreading it across a range of asset classes and sectors, or holding a broader fund.

Albermarle

I have a s&s isa with m&s savings and investments. its called a high income fund.

You should have the ability to switch some of your money within the ISA to another M&S fund , if you want to .

clive0510

thanks for the replys. just googling it and wondering what to do for the best.