We are delighted to announce that we have upgraded our rating of the TB Evenlode Global Income fund from Positive Prospect to A.

Having monitored the fund closely since its launch in November 2017, we have been impressed with the progress the managers have made in developing the firm’s global equity capabilities and their consistent application of the investment process. This has ultimately led to impressive returns in the context of the fund's approach. These factors have led to an increase in our overall level of conviction.