|Bid Price||-||Offer Price||-|
|Mid Price||GBX 80.22||Day Change||GBX -0.18 (-0.22%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||5.16 %|
|Total Expense Ratio||0.00||Fund Size||57,308,500.00|
|Launch Date||21/05/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.62||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B78ST188||Min TopUp (£)||100,000.00|
The Fund's investment objective is to provide monthly income through a diversified investment in collective investment schemes invested in equity, equity-related securities, real estate securities and debt or fixed interest securities of companies worldwide. The Fund will invest in collective investment schemes and may also invest in cash, deposits, warrants, money market instruments and derivatives. The Fund will invest in collective investment schemes that may also buy or sell over-the-counter and exchangetraded derivatives, and enter into total return swaps. The Fund may use derivative instruments for investment purposes as well as for efficient management.
Mike Hodgson is Head of Risk Managed Investments & Structuring at Schroders and has over 25 years of experience in financial markets. At Royal Bank of Scotland (formerly of ABN AMRO) he was Global Head of Equity Derivatives Structuring and Head of Fund Derivatives Trading and Structuring.