NFU Mutual Deposit I
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 99.59||Day Change||GBX 0.00 (0.00%)|
|Price Date||25 Apr 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.40 %|
|Total Expense Ratio||0.00||Fund Size||15,791,700.00|
|Launch Date||01/06/2009||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B4MTRN41||Min TopUp (£)||0.00|
The fund aims to provide capital protection with some income. The fund will invest in cash deposits with not more than 20% in any one institution. The fund is able to invest in near-cash instruments to increase yield where required. The fund invests principally in deposits and in money market assets, which includes deposits in banks and other financial institutions.
Kevin Watson is head of NFU Mutual's Fixed Interest team and has overall responsibility for the Gilt & Corporate Bond Fund. Kevin joined NFU Mutual in October 1984 as an Investment Analyst and has been a Fund Manager since 1990. Kevin graduated in 1984 with a first class honours degree in Economics from the London School of Economics and is a Member of the Securities Institute.