|Bid Price||-||Offer Price||-|
|Mid Price||GBP 1.00||Day Change||GBP +0.00 (0.00%)|
|Price Date||27 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.29 %|
|Total Expense Ratio||0.06||Fund Size||2,700,000,000.00|
|Launch Date||31/03/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.05||Sector||IMA UK Equity Income|
|Min Investment (£)||50,000,000.00||Total Expense Ratio (%)||0.06|
|ISIN||GB00B2R5TD77||Min TopUp (£)||0.00|
The fund aims to provide income whilst preserving principal through investment in Sterling denominated short-term debt and fixed income securities. The fund will invest in high quality, liquid securities, aiming to achieve short-term money market returns with capital preservation or at the value of the investors’ initial capital plus earnings. The fund is a European Securities and Market Authority (“ESMA”) Short-Term Money Market Fund.
Gary Skedge joined the company in 2007 from HSBC Investments, where he co-managed their AAA-rated funds. He has 24 years experience of the banking and investment management sector.
Dennis Gepp joined the company in 2007 from Brown Shipley & Co Ltd, where he was Treasurer since 1992. During the previous 19 years he held senior positions in the Treasury departments of four other International Investment Banks. He was on the Board of IMMFA from 2011-2014 and has been a member of IMMFA's investment committee since 2007.