|Bid Price||-||Offer Price||-|
|Mid Price||GBX 179.30||Day Change||GBX +0.60 (0.34%)|
|Price Date||13 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||313,700,000.00|
|Launch Date||07/09/2009||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B3N74T57||Min TopUp (£)||500.00|
The fund aims to achieve an absolute return by investing in equities of UK companies. Absolute return means the fund seeks to provide a positive return over rolling 12-month periods in all market conditions, but this cannot be guaranteed over this or longer periods and your capital is at risk. The fund invests at least 80% of its assets, long or short, in equities of UK companies which are constituents of the FTSE All Share Index or the Alternative Investment Market. The fund invests at least 50% of its assets in small and medium sized companies. Small and medium sized companies are companies which, at the time of purchase, are considered to be in the bottom 80% by market capitalisation of the UK equities market. The fund has no bias to any particular industry. Derivatives may be used to seek to achieve investment gains, to reduce risk or to manage the fund more efficiently. The fund may use leverage and take short positions. The fund may also hold cash.
Paul is a member of the Cazenove Capital Pan-European Equity team at Schroders. He manages the Cazenove UK Smaller Companies, UK Dynamic long-short funds (a UCITS and Cayman domiciled hedge fund), as well as the Cazenove Absolute UK Dynamic and UK Dynamic Absolute Return funds. Paul joined from Insight Investment where he was head of UK Small Cap investments. Prior to this, he was an analyst at GH Asset Management. Paul graduated from University College, Oxford with a degree in Modern History. He is a member of ASIP and has 15 years’ investment experience.
John Warren is a member of the Member of UK Dynamic Team. He co-manages the UK Dynamic funds: Schroder Dynamic UK Smaller Companies, Schroder Absolute UK Dynamic Fund, SAS UK Dynamic Absolute Return Fund. John started his career at PricewaterhouseCoopers as a chartered accountant in 1998. He moved to Investec Bank in 2001 where he became a UK mid & small cap fund manager prior to joining Cazenove Capital Management in 2010. John graduated from Loughborough University with a BSC (Hons) in Accountancy and Economics. He holds the ACA and SFA designations and brings over 15 years of investment experience.