Quick Stats

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%
ISIN GB00B737CQ63 Sedol B737CQ6

Fund Objective

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.

Fund Managers

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.