Quick Stats

Bid Price GBX 1,403.00 Offer Price GBX 1,476.00
Mid Price - Day Change GBX -3.00 (-0.21%)
Price Date 13 Oct 2017 Crown Rating 3
Shares Class Inc. Yield 1.00 %
Total Expense Ratio 2.12 Fund Size 822,635,620.85
Launch Date 02/10/1989 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.85 Sector IMA UK Equity Income
Min Investment (£) 1,500.00 Total Expense Ratio (%) 2.12
ISIN GB0001012268 Min TopUp (£) 1,000.00

Fund Objective

The fund aims to maximise total return, comprising both capital growth and income. To achieve this, the Fund principally invests in the United Kingdom, but may also invest in any other geographic area. The Investment Advisers will concentrate on seeking opportunities for exceptional growth in undervalued stocks which may be less popular but which they believe offer good value for money.

Fund Managers

John Wood
John is Senior Fund Manager of the JOHCM UK Opportunities Strategy, which he has managed since its launch in November 2005, building a highly competitive track record in the IA UK All Companies sector. John qualified as a Chartered Accountant at Ernst & Young before joining Newton Investment Management in 1995. As a Director in Newton’s UK Equity team, he managed a variety of UK funds. He holds a BA (Hons) in Economics from Warwick University and is an Associate Chartered Accountant (ACA).
Luke Chappell
Luke Chappell, Managing Director and portfolio manager, is co-head of the UK Equity team within BlackRock's Fundamental Equity division of the Alpha Strategies Group. He is a member of the Leadership Committee. Mr. Chappell's service with the firm dates back to 1998, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Chappell was an equity portfolio manager, responsible for managing UK Specialist equity portfolios. Prior to joining MLIM, he worked at another investment management house in a range of research and fund management roles, with particular emphasis on specialist accounts and mid-cap stocks. Mr. Chappell earned an MA degree, with honours, in Classics from Christ Church, Oxford University in 1990.
James de Uphaugh
James de Uphaugh is Chairman and Chief Investment Officer of Majedie Asset Management. He is a fund manager and analyst with 27 years' investment experience in UK and international equity markets. James is responsible for co-managing both the UK Equity and UK Focus funds. He also leads Majedie's efforts in Responsible Capitalism. Before co-founding Majedie in 2002, James had been a Managing Director at Mercury Asset Management (subsequently acquired by Merrill Lynch, now BlackRock), where he was also Chairman of the UK Investment Group and Alpha Team Leader. While at Mercury, he was responsible for managing institutional portfolios with combined UK equity assets of £1.4bn. James joined Mercury Asset Management in 1988. He holds a Master of Arts degree in Economics from Jesus College, Cambridge. He holds the ASIP qualification and is an Associate Member of the CFA Society of the UK.