|Bid Price||-||Offer Price||-|
|Mid Price||GBX 195.81||Day Change||GBX +1.23 (0.63%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||4.00 %|
|Total Expense Ratio||1.21||Fund Size||39,735,800.00|
|Launch Date||02/04/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.21|
|ISIN||GB00B4N95844||Min TopUp (£)||1,000.00|
The Investment objective of the Sub-fund is to achieve income and long-term capital appreciation with a bias towards income. To achieve this, the Sub-fund will primarily invest in a focused portfolio across a diversified range of UK equity or equity-related securities (such as ordinary and preference shares, global depositary receipts and American depositary receipts) listed or traded on Regulated Markets.
Jeremy Lang co-founded Ardevora in January 2010, alongside William Pattisson. Jeremy has over 30 years’ experience, beginning his career in 1986 managing North American and UK Equities with William at James Capel Fund Managers. He left James Capel in 1991 to take up full-time long-distance sailing. In 1995 Jeremy joined Liontrust Asset Management, and in 1999, he partnered with William to manage UK equity portfolios and all investment management operations. Jeremy left Liontrust in April 2009. He has a First Class degree in Economics and Econometrics from the University of York and a Masters in Economics of Finance and Investment from the University of Exeter.
William Pattisson co-founded Ardevora in January 2010, alongside Jeremy Lang. William has over 30 years’ experience, beginning his career in 1986 managing North American and UK Equities with Jeremy at James Capel Fund Managers. In 1994, William moved to Fleming Investment Management where he became Head of the UK Equity Specialist team, before being appointed asthe Head of UK Equities. In 1999, he joined Liontrust Asset Management where he partnered with Jeremy to manage UK equity portfolios and all investment management operations. William left Liontrust in April 2009. He has a degree in Chemistry from Oxford University.