Quick Stats

Last Price 129.05p Day Change 0.32p (0.0025%)
Price Date 5 Dec 2023 Morningstar Rating 3
Shares Class Inc Yield 3.68 %
Last Ex-Dividend Date 01 January 2020 Dividend Frequency -
Sector Mixed Investment 20-60% Shares Fund Size 0.00
Launch Date 01/01/2020 Standard Initial Charge 0.00%
Ongoing cost 1.39% Annual Management Charge 0.00%

Fund Objective

The Sub-fund is intended to provide increasing income and a total return after fees of at least the rate of inflation, measured by the UK Consumer Price Index (CPI), plus 1% (per annum) over any five-year period. For these purposes, total return means the amount of capital and income an investor earns. The Sub-fund will be actively managed in a range of investments that when combined aim to provide an increasing income with the prospect of capital growth. The manager will use their expertise to select investments, rather than tracking a stock exchange or index, to take advantage of changing worldwide economic conditions. A minimum of 70% of the portfolio will be invested in collective investment schemes which provide exposure to a range of economic sectors and geographic areas, across a wide range of assets. Normally, the fund will be fully invested in collective investment schemes, save for an amount to enable ready settlement of liabilities and efficient management.

Fund Managers

Margetts Fund Management Limited