Quick Stats

Bid Price - Offer Price -
Mid Price GBX 180.10 Day Change GBX +3.10 (1.75%)
Price Date 3 Feb 2017 Crown Rating 4
Shares Class Inc. Yield 1.14 %
Total Expense Ratio 0.00 Fund Size 228,157,800.00
Launch Date 09/11/2006 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.55 Sector IMA UK Equity Income
Min Investment (£) 1,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B5KNJT59 Min TopUp (£) 1,000.00

Fund Objective

The fund seeks to provide capital growth and income by investing in a broad range of asset classes across global markets. The fund will invest primarily in collective investment schemes that in turn invest in fixed income securities, equities, property, commodities and derivatives. The ACD may also invest at its discretion in other transferable securities, money market deposits, cash and near cash. Subject to obtaining and maintaining the requisite permissions from the FCA under the Financial Services and Markets Act 2000 on giving 60 days' notice to Shareholders, the Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes. [Note: where the use of derivatives is for investment purposes in addition to hedging it is envisaged that the use of such instruments will not affect the overall risk profile of the Fund.]

Fund Managers

Jonathan Samson Rebak
Jon Rebak joined the team in February 2000 as a Portfolio Manager whose main responsibilities include fund-of-funds management, the provision of asset allocation, fund selection and client services for UK Equity. Jon has over 31 years experience in the investment industry and has been employed by HSBC continually for this period. Jon holds a BA in Geography from the University College of Wales Lampeter.