Scottish Widows HIFML European Stra
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 123.80||Day Change||GBX 0.00 (0.00%)|
|Price Date||26 May 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.80||Fund Size||25,256,804.09|
|Launch Date||19/01/2009||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000.00||Total Expense Ratio (%)||1.80|
|ISIN||GB00B3BLSL93||Min TopUp (£)||500.00|
The Fund aims to achieve long-term capital growth by investing mainly in European companies excluding the UK. The Fund can use derivatives to create a long or short exposure to such companies in order to further enhance returns.
Quantitative Strategies Team
The fund is managed by OMAM's quantitative strategies team, including specialists in portfolio construction, research and systems development. The investment process is designed to exploit market inefficiencies and is based on a proprietary multi-factor return model. The process calculates a forecast'return for each stock and the resulting portfolio is optimised in terms of risk, cost and return.