Quick Stats

Bid Price - Offer Price -
Mid Price GBX 71.12 Day Change GBX +0.07 (0.10%)
Price Date 19 Oct 2017 Crown Rating 4
Shares Class Inc. Yield 1.51 %
Total Expense Ratio 1.23 Fund Size 47,000,000.00
Launch Date 19/05/2009 Standard Initial Charge (%) 7.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.40 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 1.23
ISIN GB00B6S5RJ64 Min TopUp (£) 0.00

Fund Objective

To generate an absolute return of the Bank of England base rate +3% over rolling 12 month periods with low volatility. It is expected (although not guaranteed) that such absolute return is capable of being generated under all market conditions. An absolute return is the return an asset achieves over time, without comparison to the overall market. Your capital is at risk and an absolute return cannot be guaranteed over the rolling 12 month period, or over any other time period.

Fund Managers

David Cooke
David Cooke is an investment manager and sits on the Investment Committee, joining Saltus in 2010. Prior to then he worked for a number of institutions including Goldman Sachs. He has extensive experience in investment strategy and managing global equities.
Simon Armstrong
Simon Armstrong is an investment manager and sits on the Investment Committee. Prior to co-founding Saltus in 2004, he worked at Goldman Sachs. He has extensive experience in equities, fixed income, currency and macro strategies.