Santander Max 60% Shares Income Por
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 150.70||Day Change||GBX -0.80 (-0.53%)|
|Price Date||27 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||3.45 %|
|Total Expense Ratio||0.00||Fund Size||95,162,288.60|
|Launch Date||11/12/2008||Standard Initial Charge (%)||7.00|
|Annual Management Charge (%)||0.70||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BVDPJ567||Min TopUp (£)||1.50|
The Fund’s investment objective is to provide an above average level of income along with some potential for capital growth primarily from exposure to a diversified range of equities and fixed interest investments. This exposure can be achieved directly or through investment in collective investment schemes. Investments will also be made in other permitted assets as described in section 2.1 of the main body of the prospectus including, but not limited to, warrants and derivatives.
Tom Caddick, Head of Global Multi Asset Solutions, joined Santander Asset Management in early 2011 and has overall department responsibility, heading a team of over 26 investment professionals across four locations with in excess of 21 billion asset under management and the same again under advice. Tom has over 18 years’ fund management experience and was previously Head of Multi Manager and Fund Selection at LV=Asset Management. Before joining LV, Tom was a Fund Manager at F&C Asset Management. Tom holds a BA (Hons) degree in Accounting and Finance.