F&C Global Equity Market Neutral 3

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 55.83 Day Change GBX -0.12 (-0.21%)
Price Date 21 Oct 2016 Crown Rating
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.00 Fund Size 396,498,600.00
Launch Date 13/07/2015 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.40 Sector IMA UK Equity Income
Min Investment (£) 50,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BY7S9L81 Min TopUp (£) 1,000,000.00

Fund Objective

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.

Fund Managers

Chris Childs
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.