|Mid Price||USX 99.43||Day Change||USX +0.48 (1.47%)|
|Price Date||22 May 2019||Crown Rating|
|Shares Class||Acc.||Yield||0.00 %|
|Last Ex-Dividend Date||29 March 2019||Dividend Frequency||Semi-annually|
|Sector||UK All Companies||Fund Size||4,772,500.60|
|Launch Date||03/10/2016||Standard Initial Charge||0.00%|
|Ongoing cost||0.45%||Annual Management Charge||0.30%|
The investment objective of the Fund is to generate capital growth over the long term. It aims to meet this objective by principally investing in a concentrated portfolio of UK listed equities. The Fund follows a value philosophy, looking for situations in which investors have over-reacted to events and valuations no longer reflect company fundamentals. The best opportunities often are found after a period of disappointment has created emotional reasons not to invest. Every investment requires a clear catalyst, which impacts on earnings, or the multiple the market applies to those earnings. The Fund typically invests in 10 – 20 holdings on an unconstrained, absolute return basis. The sector weightings result from stock-selection, and are often counter-cyclical.