|Bid Price||-||Offer Price||-|
|Mid Price||GBX 82.17||Day Change||GBX +0.46 (0.56%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||2.03||Fund Size||14,709,562.04|
|Launch Date||26/07/2006||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||2.03|
|ISIN||GB00B195JD82||Min TopUp (£)||1,000.00|
The investment objective of the Fund is to achieve capital growth. It is intended that this objective will be achieved by the Fund investing in a portfolio of global commodity Exchanged Traded Funds and other global commodity collective investment schemes.
Nigel started his career in the industry as a software specialist developing portfolio management solutions for an asset management company. He worked as an investment analyst and then fund manager before setting up iFunds in 2001. With the growth in the ETF market, and ongoing development of the company's proprietary software based investment process, iFunds was able to team up with Marlborough and launch a range of actively managed ETF funds.
Stacey has over 20 years' experience in the financial services industry. He has worked both on the fund management and marketing side of the business and holds the Securities Institute Securities and Derivatives Certificates as well as the Investment Management Certificate. He has been a director of Aberdeen Unit Trust Management and more recently a director of IG Index, where he was a participant in its management buyout.