L&G UK Special Situations Trust L
|Bid Price||GBX 110.40||Offer Price||GBX 111.10|
|Mid Price||-||Day Change||GBX -0.20 (-0.18%)|
|Price Date||26 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.30 %|
|Total Expense Ratio||0.00||Fund Size||267,870,072.64|
|Launch Date||10/11/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B3DMY899||Min TopUp (£)||0.00|
The objective of this fund is to provide growth.The fund will typically invest between 80% and 100% in UK company shares.The fund may also invest in company shares from Europe.The fund will invest in companies considered, in the manager's view, to be undervalued by the market.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits. If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Richard joined LGIM in 2003 and is a Senior Fund Manager within the High Alpha Team and the Manager of the award-winning L&G UK Alpha Trust as well as a number of segregated portfolios. Previously he worked for five years as a Fund Manager for M&G Investment Management and prior to this, for four years as a Fund Manager at Scottish Amicable Investment Management. Richard has a Masters degree in Engineering and Economics from Oxford University.