|Bid Price||-||Offer Price||-|
|Mid Price||GBX 99.45||Day Change||GBX +0.11 (0.11%)|
|Price Date||17 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.70 %|
|Total Expense Ratio||0.00||Fund Size||9,047,200.00|
|Launch Date||25/10/1985||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B80KBX52||Min TopUp (£)||1,000,000.00|
The objective is to provide capital growth and an average sector yield. The manager seeks to achieve this by investing mainly in a spread of equities from investment trusts mainly listed in the UK.
Peter Hewitt is Director and Investment manager in Global Equities team, having joined the Group in 1983. Prior to joining, Peter spent two years as Head of UK Equities with Murray Johnstone. Between 1983 and 1996 Peter was an Investment Manager with ISIS, working initially in US team and from 1986 in the UK team, where he was responsible for a variety of pension fund and investment trust clients. Peter holds a BA (hons.) degree in Economics from the Heriot Watt University.