|Bid Price||-||Offer Price||-|
|Mid Price||GBX 62.87||Day Change||GBX -0.20 (-0.32%)|
|Price Date||22 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.60 %|
|Total Expense Ratio||0.00||Fund Size||1,183,000,000.00|
|Launch Date||03/04/2009||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYY38F39||Min TopUp (£)||0.00|
The fund aims to provide income and some capital growth over the longer term by investing predominantly in the shares of companies listed on European stock markets, excluding the UK. The fund typically holds a concentrated portfolio of stocks and may also hold a proportion in government, corporate and other bonds to supplement the income of the fund. The fund is actively managed by our investment team, who will select stocks to try to take advantage of opportunities they have identified. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Will joined the European Equities team in Jan 2007. He has managed the European Equity Income Fund since launch and covers the Technology, Chemical and Paper sectors. Prior to starting a career in investment management Will served as an officer in the 1st Battalion The Argyll and Sutherland Highlanders. He read French and Business Studies at the University of Edinburgh, holds the Securities Institute Diploma and is a CFA charterholder.