Santander Max 30% Shares Income Por

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 158.10 Day Change GBX -0.70 (-0.44%)
Price Date 27 Oct 2016 Crown Rating
Shares Class Inc. Yield 2.60 %
Total Expense Ratio 0.00 Fund Size 21,558,001.39
Launch Date 03/11/2014 Standard Initial Charge (%) 7.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.65 Sector IMA UK Equity Income
Min Investment (£) 500.00 Total Expense Ratio (%) 0.00
ISIN GB00BJL58F79 Min TopUp (£) 1.50

Fund Objective

The Investment Objective of the Fund is to provide an above average level of monthly income along with some modest potential for capital growth.The Fund will achieve its Investment Objective by investing primarily in UK fixed interest securities and UK equities. The Fund may also hold international fixed interest investments, international equities, and cash deposits. The investment in equities will never exceed 30%. In addition the Fund may also invest in derivative instruments (including forward transactions) in order to achieve its investment objective. The Fund may increase the level of income in relation to the equity portion only by selling call options. The writing of such call options will increase the income but reduce the capital growth potentialNo more than 10% of the Fund’s assets can be invested in aggregate in units of other UCITS (as defined in the FCA Handbook) or other collective investment undertakings.

Fund Managers

Graham Ashby
Graham Ashby, Manager of the Santander UK Growth, N&P UK Growth Funds and Santander Premium UK Equity Fund, has 24 years’ experience of equity fund investments and held several fund manager roles over this time. Prior to joining Santander Asset Management UK, Graham was Head of UK Equities at Ignis Asset Management. He is a bottom-up stock picker who invests across the market capitalisation spectrum, principally in companies with a proven track record of creating value for shareholders. He adopts a disciplined approach to portfolio construction with the aim of taking an appropriate level of risk to achieve outperformance targets. Prior to his role at Ignis, Graham held senior equity positions at LV=Asset Management and Credit Suisse Asset Management.