F&C Global Equity Market Neutral C
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 55.89||Day Change||GBX -0.03 (-0.05%)|
|Price Date||27 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||401,029,200.00|
|Launch Date||13/07/2015||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BY7S9K74||Min TopUp (£)||1,000,000.00|
The objective is to provide capital growth, over the medium term. The Fund aims to achieve this objective by pursuing a global long/short equity market neutral strategy. The Fund will mainly invest in short dated bonds and other money market instruments for liquidity purposes and collateral management. The Fund will implement the long/short strategy by investing in derivatives on customised baskets of global equity securities. The equity securities are selected by the Investment Manager for purchase or sale using a systematic stock selection process to hold a long position to the investments it favours and a short position to the investments it does not favour. The Company may also invest in listed and unlisted, rated and unrated equity and debt securities, depositary receipts, warrants, collective investment schemes and cash.
Chris Childs is the Fund Manager of the F&C High Income Unit Trust, the F&C HVB-Stiftungsfonds and co-manager of the F&C Active Return Fund. Each of these funds employ derivative overlay strategies. Chris joined F&C in 1993 and together with Stephen Crewe formed a derivatives fund management team. He has over 16 years of investment experience. He is also the manager of the award wining F&C HVB-Stiftungsfonds Fund. Chris is a graduate of the Bristol Business School and the University of Exeter where he studied the quantitative aspects of fund management.