Quick Stats

Bid Price GBX 102.70 Offer Price GBX 107.80
Mid Price - Day Change GBX -0.10 (-0.10%)
Price Date 20 Oct 2017 Crown Rating
Shares Class Inc. Yield 1.01 %
Total Expense Ratio 0.00 Fund Size 122,581,543.23
Launch Date 10/04/2012 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.12 Sector IMA UK Equity Income
Min Investment (£) 1,500.00 Total Expense Ratio (%) 0.00
ISIN GB00B6XK6776 Min TopUp (£) 1,000.00

Fund Objective

The investment objective of the fund is to provide a combination of growth and income. The fund aims to replicate the FTSE Custom UK Index-linked Gilts Composite (50% FTSE Actuaries UK Index-linked Gilts up to 5 Years Index and 50% FTSE Actuaries UK Index-linked Gilts 5-15 Years Index) Index (the “Index”). The performance of the fund before permitted fees and charges, is intended to correspond closely to that of the Index. The fund will adopt a full replication strategy by investing substantially all of its assets in the same constituent securities of the Index with substantially the same weighting. The fund may also invest in other, non-UK, highly rated government backed index linked securities, and is also permitted to invest in other types of transferable securities, units and/or shares in collective investment schemes, money market instruments, cash and near cash, and deposits. The Scheme is permitted to invest in derivatives and forward transactions for the purposes of efficient portfolio management and hedging.

Fund Managers

Francis Rayner
Francis Rayner, Vice President, is a member of BlackRock's Fixed Income Portfolio Solutions group. His service with the firm dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to joining BGI, he spent six years working for Prudential M&G and International Financial Data Services as a client relationship manager. Francis earned a BSc in Mathematics from Lancaster University in 1999 and holds the CharteredInstitute for Securities & Investment Diploma.