• Lloyds Investment Fund Managers Limited

    Lloyds Investment Funds – Euro High Income Fund


    • Designed to provide a quarterly income in euro, paid monthly into your bank account or re-invested.
    • Invests mainly in corporate bonds in euro
    • Investment decisions delegated to a fund manager, who is an expert in the European bond market
    • Invest a lump sum and/or a regular monthly amount

    Need to know

    • The value of investments and the income from them can go down as well as up and cannot be guaranteed.
    • Changes in rates of exchange may cause the value of an investment to go up or down.
    • On selling investors may not get back the amount they originally invested.
    • This fund is available in many countries but not all.

  • Objective: To maintain a high income through investment in a spread of fixed interest securities denominated predominately in euro.
    Risk level

    Risk Category 2: For the investor who is only willing to take modest risk, where there may be some fluctuation in capital value and or income returns.
    You may not receive back the amount invested.

    What are the different risk levels?

    What will I be investing in?

    The investment policy aims to support the payment of dividends above the level of short-term euro interest rates. This policy will result in a gradual reduction in the capital value of the shares, except when bond prices generally are rising.

    The Fund will normally hold a relatively wide range of securities in order to keep a low level of exposure to individual bond issues other than government securities. The Fund may also hold a substantial part of its assets in bank deposits and money market instruments from time to time.

    The Fund is permitted to invest in securities denominated in currencies other than euro. The current policy of the Directors is that any such investments in non-euro denominated securities should be fully hedged against euro to mitigate the effects of any exchange rate movements.

    Minimum investment: €5,000
    Regular savings available (minimum £100/ $200/ €200) via our Regular Savings Plan
    Up front fee: Up to 4% of your investment
    Annual Management Charge: 0.875% of your investment
    Currencies available: Euro
    Fund switching: Switch easily to any fund offered by Lloyds Investment Fund Managers at little or no cost. See prospectus for full details.
Is this fund right for me?
  • Who is the Euro High Income Fund for?

    Choose the Euro High Income Fund if you're looking for:

    • a quarterly income: the Euro High Income Fund pays dividends ideal for supplementing a pension or other income.
    • an investment in euro: typically you'll want a euro income – perfect for those retiring to Spain, France or other euro countries.
    • a high potential return: the Fund aims to provide a high income by selecting corporate bonds offering high returns.

    Depending on legislation and regulations of the country you live in, this investment fund may not be available to you.

    Who is the Euro High Income Fund not for?

    The Euro High Income Fund is not the right choice for you if:

    • most of your spending is in sterling: if you don't need an income in euros, take a look at our income funds.
    • you want to invest for the short term: if you plan to invest for less than 5 years.
Servicing your investment
    • Check the value of your investment online with our Online Portfolio Service
    • You can request a paper statement
    • If you need to access your money, sell some or all of your shares in the fund without a charge by speaking directly to a fund representative
Key documents and risks
  • For help or to apply

    From the UK, call:

    0800 055 6358

    Outside the UK, call:

    +44 (0) 1624 641 825

    Mon-Fri 8am-6pm and Sat. 9.30am-1.30pm UK time. Calls may be monitored/recorded.
    Or contact your Relationship Manager

Our International services are offered by Lloyds Bank International Limited, Lloyds Bank (Gibraltar) Limited & Lloyds Investment Fund Managers Limited. See company Information. Whilst our services will be available to many customers, there are countries where, due to legal or regulatory restraints, we cannot provide them.

Rules and regulations made under the UK Financial Services and Markets Act 2000 for the protection of depositors and investors, including the Financial Services Compensation Scheme, do not apply to the financial services business of companies within the Lloyds Banking Group carried out from offices outside of the United Kingdom.

Lloyds Bank International Limited. Registered office and principal place of business: P.O. Box 160, 25 New Street, St. Helier, Jersey JE4 8RG. Lloyds Bank International Limited is incorporated in Jersey, No. 4029 and is regulated by the Jersey Financial Services Commission to carry on deposit-taking business under the Banking Business (Jersey) Law 1991 and investment and general insurance mediation business under the Financial Services (Jersey) Law 1998. Lloyds Bank International Limited subscribes to the Jersey Code of Practice for Consumer Lending and has also notified the Jersey Financial Services Commission that it carries on money service business.

The Guernsey branch of Lloyds Bank International Limited, principal place of business PO Box 136, Sarnia House, Le Truchot, St Peter Port, Guernsey, GY1 4EN, is licensed by the Guernsey Financial Services Commission to take deposits and to carry on controlled investment business and insurance intermediary business under The Banking Supervision (Bailiwick of Guernsey) Law, 1994, The Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) and The Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002 (as amended), respectively, and is also registered with the Guernsey Financial Services Commission as a money service provider.

The Isle of Man branch of Lloyds Bank International Limited of PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and investment business and is also registered as an insurance intermediary in respect of general business.

Lloyds Bank (Gibraltar) Limited. Registered office and principal place of business: Royal Ocean Plaza, Ocean Village, Gibraltar, GX11 1AA. Registered in Gibraltar, no 99982. Regulated and authorised by the Gibraltar Financial Services Commission for the conduct of banking, investment and insurance mediation business.

Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited are wholly owned subsidiaries of Lloyds Bank plc. Lloyds Bank plc is incorporated in the United Kingdom, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278, and is part of the Lloyds Banking Group. Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited place funds with Lloyds Bank plc and thus their financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited and their parent based upon publicly available information. Download Lloyds Bank International Limited’s latest annual financial statements. Lloyds Bank (Gibraltar) Limited’s latest annual financial statements are available through Companies’ House in Gibraltar at www.companieshouse.gi

Lloyds Investment Fund Managers Limited. Registered office: PO Box 160, 25 New Street, St Helier, Jersey JE4 8RG. Authorised by the Jersey Financial Services Commission under the Collective Investment Funds (Jersey) Law 1988.