|Bid Price||GBX 594.59||Offer Price||GBX 616.27|
|Mid Price||-||Day Change||GBX -3.15 (-0.53%)|
|Price Date||27 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.25 %|
|Total Expense Ratio||1.65||Fund Size||63,424,502.00|
|Launch Date||13/07/2009||Standard Initial Charge (%)||2.50|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.65|
|ISIN||GB0030430804||Min TopUp (£)||500.00|
The objective is to achieve capital growth by buying shares in companies whose recovery potential is not appreciated by the market and to sell them when this potential is recognised. The nature of unrecognised recovery potential may be based on macro economic, industry, sector specific or stock specific issues. Stock selection will involve the identification of a catalyst capable of triggering and sustaining a recovery in each specific stock selection. The fund has the flexibility to invest in companies of all sizes and to hold up to 20% in European shares; it will be benchmarked against the FTSE All-Share index.
Alexandra has been co-manager of the Rathbone Recovery Fund since June 2014. She was previously Assistant Fund Manager on the Rathbone Global Opportunities Fund. She joined Rathbones in January 2007, having graduated from the University of Durham (University College) with a BA Hons in Economics. Alexandra also holds the Investment Management Certificate and is a CFA (Chartered Financial Analyst) charter-holder.
Joanne has been co-manager of the Rathbone Recovery Fund since June 2014. She has over sixteen years of UK equity market experience, including four years co-managing UK Small and Mid Cap funds at Hermes, seven years assisting in managing UK Equity Funds at HSBC and three years in UK Equity Sales at Peel Hunt. Joanne holds the Securities Institute Diploma and is a Fellow of the Securities Institute.