Santander Equity Income Unit Trust
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 158.70||Day Change||GBX +0.70 (0.44%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||3.62 %|
|Total Expense Ratio||0.00||Fund Size||150,851,914.20|
|Launch Date||01/02/1971||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BWX61H22||Min TopUp (£)||250.00|
The objective of the Scheme is to achieve an attractive level of income commensurate with capital growth through investing in a wide range of equities, corporate bonds and convertible stocks. The Scheme will invest primarily in the UK.
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.