T. Bailey Defensive Ret Acc

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 121.57 Day Change GBX +0.29 (0.24%)
Price Date 1 Oct 2015 Crown Rating 3
Shares Class Inc. Yield 2.17 %
Total Expense Ratio 2.39 Fund Size 14,500,000.00
Launch Date 20/07/2010 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 2.39
ISIN GB00B66BCS08 Min TopUp (£) 500.00

Fund Objective

The aim of the fund is to outperform the Investment Management Association (IMA) Mixed Investment 20%-60% Shares sector mean on a total return basis over the medium-to-long term.The fund invests in a range of asset classes, predominantly via underlying Regulated Collective Investment Schemes. In other words it is a fund of funds. A secondary but important objective is to achieve a return equivalent to that of UK consumer price index (CPI) plus 2% per annum over a market cycle.

Fund Managers

Elliot Farley
A Warwick University mathematics graduate with over a decade of experience in the fund management industry. He has worked with the T. Bailey Funds since 2000 having previously been an ACA with Deloitte and is currently Joint Fund Manager.