IFSL Brooks Macdonald Defensive Cap
|Bid Price||-||Offer Price||-|
|Mid Price||USX 105.30||Day Change||USX +0.10 (0.48%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.40 %|
|Total Expense Ratio||0.00||Fund Size||245,533,197.00|
|Launch Date||21/12/2006||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BVCX4M35||Min TopUp (£)||1,000.00|
The fund is designed to provide investors with an opportunity to attain the stability of bonds while maintaining exposure to potential equity upsides. The fund aims to achieve long-term capital growth that is independent of equity market performance and positive absolute returns over rolling three year periods. The fund accomplishes this by investing in a range of defensive assets – investments that are generally lower risk and less volatile than equities, and don’t rely on market growth to achieve returns – such as preference shares, convertibles and structured notes.
Jonathan was a founder director of Brooks Macdonald in 1991, having worked in the industry since 1986. During his career, he has won a number of investment management awards and is one of the investment directors responsible for overseeing investment management strategy and asset allocation for Brooks Macdonald.