Quick Stats

Bid Price - Offer Price -
Mid Price GBX 106.40 Day Change GBX -0.50 (-0.47%)
Price Date 14 Sep 2017 Crown Rating 1
Shares Class Inc. Yield 1.34 %
Total Expense Ratio 1.23 Fund Size 26,933,000.00
Launch Date 01/06/2011 Standard Initial Charge (%) 7.50
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.31 Sector IMA UK Equity Income
Min Investment (£) 100,000.00 Total Expense Ratio (%) 1.23
ISIN GB00BWNH3V33 Min TopUp (£) 100,000.00

Fund Objective

The investment objective of the Andromeda Income Fund is to generate both an income stream and growth of that income stream over the long term together with the potential for some growth of capital. This will be achieved predominantly through a diversified portfolio of global bonds and equities. The fund may also invest in collective investment schemes, money market instruments, and cash and near cash, warrants and other transferable securities. Subject to the COLL Sourcebook, the relative weightings of each asset class, including cash, will be determined by the Investment Manager’s view on worldwide securities markets, and their ability to provide a growing level of income and capital return over the long term.