Quick Stats

Bid Price - Offer Price -
Mid Price GBX 128.62 Day Change GBX +0.01 (0.01%)
Price Date 17 Oct 2017 Crown Rating 1
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 3.11 Fund Size 19,692,900.00
Launch Date 09/03/2011 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 125,000.00 Total Expense Ratio (%) 3.11
ISIN GB00B4NPC473 Min TopUp (£) 5,000.00

Fund Objective

The MI Momentum Focus 3 Fund aims to deliver a real return for investors over the medium to long term of CPI +3% net of fees, with anticipated volatility in the range of 5-8%. The Fund aims to operate within the 'low' risk profile as defined by Distribution Technology, the independent fund rating agency. The Fund will invest across a range of asset classes using third party investment funds, and is classified in the IA Flexible Investment sector. The minimum investment horizon for the Fund should be thought of as four years.

Fund Managers

James Klempster
James is the lead Portfolio Manager of a large number of Momentum’s global multi-asset solutions including the Factor Series and Managed Solutions fund ranges. James sits on the Momentum GIM Investment Strategy Group and in addition to his asset allocation responsibilities James is involved in the manager selection process across a number of asset classes, including ‘traditional’ and ‘esoteric’ strategies. James joined Momentum in 2007 and his previous experience encompasses both the management of long only equity portfolios and long only / hedge fixed income and currency strategies. James has an MA in Jurisprudence from the University of Oxford and is a CFA Charterholder.