|Bid Price||-||Offer Price||-|
|Mid Price||GBX 165.13||Day Change||GBX -0.69 (-0.42%)|
|Price Date||16 Nov 2018||Crown Rating|
|Shares Class||Inc.||Yield||4.98 %|
|Total Expense Ratio||1.11||Fund Size||53,000,000.00|
|Launch Date||30/06/2009||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.60||Sector||UK Equity Income|
|Min Investment (£)||2,000,000.00||Total Expense Ratio (%)||1.11|
|ISIN||GB00B4ZMYG27||Min TopUp (£)||10,000.00|
To achieve an income return in excess of typical income returned from UK equity markets by investing principally in a portfolio of equities of companies based in the UK, conducting business in the UK or listed on the UK stock market. The Fund may also invest, at the managers' discretion, in a selection of fixed income assets, cash and near cash and derivative instruments. The fund may, on occasion, also invest in non-UK assets, however any such investments would not be hedged, rather the currency risk would be a specific part of the investment decision.
Iain Wells is an investment manager in the UK Equities team with responsibility for managing several equity income funds, including the Kames UK Equity Income Fund. In addition, Iain has analysis duties for the insurance, general retail, engineering, utilities and paper & packaging sectors. He joined us in 1996 from Edinburgh Fund Managers where he was an investment manager and, prior to that, worked for Dunedin Fund Managers on the Asian equities desk. Iain studied Business Studies and Accounting at the University of Edinburgh and has an MBA.
Douglas Scott is an investment manager in the UK Equities team with responsibility for managing several equity income funds, including the Kames Global Equity Income Fund and Kames UK Equity Income Fund. In addition, Douglas has analysis duties for the tobacco, real estate, telecoms, beverages and oil services sectors. He joined us in 2003 from Investec where he was a stockbroker specialising in the telecoms sector and, prior to that, worked for TRW and Abbey National in their UK equity teams. Douglas has a 1st Class Honours degree in Aeronautical Engineering from the University of Glasgow, a Diploma in Actuarial Science from the Heriot-Watt University.