|Bid Price||-||Offer Price||-|
|Mid Price||GBX 63.90||Day Change||GBX -0.16 (-0.25%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.22 %|
|Total Expense Ratio||0.93||Fund Size||354,365,223.00|
|Launch Date||22/09/2010||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.40||Sector||IMA UK Equity Income|
|Min Investment (£)||2,000,000.00||Total Expense Ratio (%)||0.93|
|ISIN||GB00B62FNJ48||Min TopUp (£)||0.00|
The fund aims to provide a total return from a combination of income and capital appreciation over the longer term. Investing mainly in a range of collective investment schemes managed or operated within the Standard Life group of companies, the fund achieves a broad exposure to diversified investments, including equities, absolute returns, fixed and variable rate interest bearing securities and immoveable property. The fund may also invest in transferable securities, money market instruments, deposits and cash. Typically, the fund will have a high exposure to lower risk assets, such as bonds.
Bambos has over 20 years investment experience of which almost 10 years is in managing retail fund of funds, this length of fund of fund experience is almost unrivalled. Bambos graduated with a degree in Mathematics from the University of London. Bambos began his career in 1978 at Legal & General in the actuarial department before moving to the investment division. He joined Morgan Stanley Quilter in 1987 to manage pension funds and discretionary equity portfolios for high net worth clients. In this role, he was responsible for analysing and picking equities and constructing portfolios. This experience of direct stock selection & portfolio construction is exceptionally rare within fund of fund managers. He progressed to head up a team of four, managing portfolios which held collective investments such as unit trusts. He moved to Friends Ivory Sime in 1997 to manage 3 Fund of Funds before joining Rothschild in 2001 to head up the Fund of Fund Desk and run almost £1bn in assets. Bambos and his team joined Gartmore in November 2003 to build up its' Multi-Manager business.