TwentyFour Dynamic Bond

Introduction to the fund

TwentyFour is a specialist bond company and well resourced, with experts in their field. This strategic bond fund can invest across the whole range of fixed income assets, which helps the team take advantage of changes in market conditions. It has a strong focus on both credit default and interest rate risk. The team’s expertise enables them to look at lower-rated, higher-yielding bonds, as well as other parts of the market that other investors tend to ignore, such as subordinated financial debt and asset-backed securities.

Fund manager

Gary Kirk, Eoin Walsh, Mark Holman, Felipe Villarroel, The Multi-Sector Bond Team

Gary Kirk spent the first 20 years of his career as a successful credit trader. He then became a portfolio manager, during which time he traded the complete range of fixed interest securities and derivative products. He has previously worked for both Royal Bank of Canada and Wachovia, now part of Wells Fargo. Although Gary is the lead manager, TwentyFour follows a team approach in managing funds.

Opinion on fund

A highly professional team run this very focused strategic bond fund. TwentyFour Dynamic Bond pays an attractive yield and is managed with an emphasis on credit risk to ensure protection of investors’ capital and income wherever possible. This fund differs from most strategic bond funds due to a consistent weighting to asset-backed securities, an area in which the team specialises.

Fund performance

Documents

Key facts

  • Fund size

    £1,671.2m

  • Chelsea rating

    Buy

  • Core Selection

    No

  • Chelsea Risk Rating

    3.5

  • AMC

    0.75%

  • OCF

    0.79%

  • Unit Type

    Acc and Inc

  • Yield

    6.03%

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
Information icon

Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.