|Mid Price||GBX 116.40||Day Change||GBX -1.30 (-1.10%)|
|Price Date||14 Jun 2019||Crown Rating|
|Shares Class||Acc.||Yield||3.04 %|
|Last Ex-Dividend Date||16 April 2019||Dividend Frequency||Semi-annually|
|Sector||UK All Companies||Fund Size||414,408,856.26|
|Launch Date||26/03/1999||Standard Initial Charge||0.00%|
|Ongoing cost||1.50%||Annual Management Charge||1.50%|
The objective of the Scheme is to match closely the performance of the Financial Times Stock Exchange (FTSE) 100 Share Index after allowing for charges. It is intended that the investment objective will normally be achieved by use of a full replication methodology although from time to time the Scheme may adopt a partial replication methodology. This process will involve investing in instruments relating to index components, though not necessarily in the same proportions as the index at all times. Consequently the Scheme may not track the representative index exactly but will contain a meaningful exposure to the market. Stock index futures may also be used to manage the cash proportion of the Scheme. It is intended that the Scheme will normally be close to fully invested in either stocks or other financial futures as outlined above, unless the representative index assumes otherwise for example with nil paid or part paid issues. A number of factors lead to the risk that the performance of the Scheme may deviate from that of the Benchmark Index. These are described below (under Anticipated Tracking Error) and, with regard to the use of derivatives, in Appendix 2, section 7 of the prospectus.
Multi Asset Solutions Team
The UK Multi Asset Solutions team consists of 8 investment specialists with decades of cumulative experience in managing multi-asset portfolios across a wide range of investment strategies and market environments. The team employs a team-based, robust investment process leveraging on the extensive use of both fundamental and quantitative inputs across all major asset classes. Supplementing the primary research conducted by the UK Multi Asset Solutions team, the team can also rely on research and infrastructure resources from the wider Santander Asset Management organisation globally, as well as external research. The UK Multi Asset Solutions team has a strong focus on risk management and employs industry-leading Risk Management systems supported by a dedicated, on-site team.