Quick Stats

Bid Price - Offer Price -
Mid Price GBX 88.92 Day Change GBX +0.01 (0.01%)
Price Date 22 Aug 2014 Crown Rating 2
Shares Class Inc. Yield 0.30 %
Total Expense Ratio 0.34 Fund Size 6,687,900.00
Launch Date 25/05/2006 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 0.34
ISIN GB00B1266261 Min TopUp (£) 10,000.00

Fund Objective

The Fund aims to achieve a positive capital return, regardless of market conditions, over rolling 3-year period, through investment and disinvestment (directly and indirectly) in a diversified portfolio of equities, fixed interest securities, cash, related derivative contracts and other instruments. There is no guarantee that a positive return will be achieved over any time period and capital may be at risk. Investors may not get back the full amount originally invested.

Fund Managers

Ken Adams
Ken is head of global strategy, having previously been an investment director in the global strategy team and top-down strategy research manager. As chairman of SWIP's Policy Group, he is responsible for driving asset allocation strategy on multi-asset portfolios, and is lead manager of a number of macro absolute return funds. He is also in charge of SWIP's top-down research effort. Ken also co-manages SWIP’s Diversified Assets Fund. Ken has been with the group since 1987. For the first two years of his career he worked in the fixed interest team. He was then seconded to the London office of Dai-Ichi Kangyo Asset Management (DKA), the Japanese investment company, where for two years he led a team managing multi-asset absolute return portfolios. Ken spent the following seven years in its Tokyo office in a similar role, and in 1996 he was appointed client director in charge of the group's joint venture with DKA. On his return to Britain in 1999, Ken joined the global strategy team as an investment director and member of the global equity portfolio construction team. Ken holds a BSc in Zoology and Botany from Bristol University.