|Bid Price||-||Offer Price||-|
|Mid Price||GBX 82.60||Day Change||GBX +0.14 (0.17%)|
|Price Date||16 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||7.50 %|
|Total Expense Ratio||0.96||Fund Size||87,044,093.38|
|Launch Date||14/01/2008||Standard Initial Charge (%)||3.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.96|
|ISIN||GB00B88S8291||Min TopUp (£)||50,000.00|
The aim of the Fund is to provide income with the potential to grow the amount you invested. At least two-thirds of the Fund's assets will be in long and short positions in currencies of emerging markets and bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and/or governments in emerging markets or companies that have significant operations in emerging markets. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices). At times the portfolio may be concentrated in any one or a combination of such assets. The Fund may also invest in asset classes and instruments different from those stated above.
Henry Stipp is the Head of Emerging Markets Fixed Income, joining Threadneedle in 2001. Henry is the leading Portfolio Manager for a diverse range of Absolute return, Local and Hard Currency fixed income portfolios.He started his career in Brazil in 1991 with CSFB – Garantia at the Open-Market Trading Desk and has also worked for Modal Bank¹ initially as a chief economist and then as Head of Research. Henry also worked as a professor of macroeconomics at the Catholic University of Rio de Janeiro.Henry holds a BSc in economics (Catholic University of Rio de Janeiro), a MSc (distinction) in macroeconomic policy in emerging markets (DPPC-UK) and a PhD in economics (University of London).