Quick Stats

Bid Price - Offer Price -
Mid Price GBX 122.50 Day Change GBX -1.40 (-1.13%)
Price Date 29 Nov 2013 Crown Rating
Shares Class Inc. Yield 0.02 %
Total Expense Ratio 2.00 Fund Size 1,600,000.00
Launch Date 01/11/2011 Standard Initial Charge (%) 3.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.75 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 2.00
ISIN GB00B71BDW38 Min TopUp (£) 100.00

Fund Objective

To provide capital growth by investing in companies’ shares (including derivatives) from around the world. It is the intention of the manager to use derivatives to achieve capital return. A derivative is a general name for financial products whose value depends on the rise and fall of other assets. For this Fund, the derivatives used will principally be equity swaps. These swaps will be used to take both long and synthetic short positions. A synthetic short position provides exposure to companies’ shares without holding the physical shares themselves. When the Fund is short, it profits from a decline in the value of these shares.

Fund Managers

Thomas Smith
Thomas joined Neptune in July 2009 as an Investment Analyst, having graduated from Oxford University with a masters degree in Chemistry. He became a Fund Manager in July 2011 and undertakes global research on the oil & gas sector. Thomas has successfully completed the CFA Level 1, 2 and 3 exams.