|Bid Price||-||Offer Price||-|
|Mid Price||GBX 61.21||Day Change||GBX +0.21 (0.34%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.50 %|
|Total Expense Ratio||0.00||Fund Size||127,882,200.00|
|Launch Date||08/02/2000||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B80KFS89||Min TopUp (£)||1,000,000.00|
The fund aims to deliver a return through a combination of income and capital growth primarily through investment in corporate bonds but also sovereigns and supranationals. Derivatives may be used to hedge investment risk, replicate investment positions and generate additional return in a risk controlled manner.
Keith plays a leading role in developing multi fixed income solutions across the group. Prior to joining the group in 2012 and after a brief period at Brevan Howard (the macro hedge fund) he became the global head of fixed income for UBS Wealth Management in Zurich and a member of the global asset allocation committee within the investment office. Keith began his career with the United Bank of Kuwait in 1990 as a global fixed income manager, moving to Robert Fleming in 1995 as a portfolio manager and head of European fixed income strategy. In 1997 he became a senior member of the fixed income team at Morgan Grenfell (rebranded Deutsche Asset Management) where he was a managing director and head of European fixed income strategy. In 2005 the DeAM London team was sold to Aberdeen Asset Management where he became the head of portfolio and product management. Keith has extensive experience in fixed income, asset allocation and portfolio construction roles and has managed portfolios on behalf of large corporations, central banks and government agencies. Keith graduated in 1989 from South Bank University in London with a BA (Hons) in Business Studies (specialising in Finance). He completed the Investment Management Programme at the London Business School in 1991.
Rebecca has over 14 years of investment experience and is co-Head of UK Credit. She joined F&C in 2001 from Rothschild Asset Management. Rebecca has a BA in Accounting and Finance from the University of Wales and is a member of UK Society of Investment Professionals.