|Bid Price||GBX 50.42||Offer Price||GBX 50.51|
|Mid Price||-||Day Change||GBX +0.05 (0.10%)|
|Price Date||21 Nov 2017||Crown Rating|
|Shares Class||Inc.||Yield||4.90 %|
|Total Expense Ratio||0.00||Fund Size||76,622,500.00|
|Launch Date||26/01/1993||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYZ62Z90||Min TopUp (£)||250,000.00|
The objective is to provide income. The Manager seeks to achieve this by investing in structured debentures, derivatives, equities, investment grade fixed interest securities and other permitted investments.
Chris Childs is the Fund Manager of the F&C High Income Unit Trust, the F&C HVB-Stiftungsfonds and co-manager of the F&C Active Return Fund. Each of these funds employ derivative overlay strategies. Chris joined F&C in 1993 and together with Stephen Crewe formed a derivatives fund management team. He has over 16 years of investment experience. He is also the manager of the award wining F&C HVB-Stiftungsfonds Fund. Chris is a graduate of the Bristol Business School and the University of Exeter where he studied the quantitative aspects of fund management.