Quick Stats
Last Price | 133.68p | Day Change | -1.68p (-0.0125%) |
---|---|---|---|
Price Date | 26 Jul 2024 | Morningstar Rating | |
Shares Class | Acc | Yield | 1.49 % |
Last Ex-Dividend Date | 01 January 2020 | Dividend Frequency | - |
Sector | Targeted Absolute Return | Fund Size | 0.00 |
Launch Date | 01/01/2020 | Standard Initial Charge | 0.00% |
Ongoing cost | 0.86% | Annual Management Charge | 0.00% |
ISIN | GB00BVYTTC41 |
Fund Objective
The Fund aims to achieve a positive return (the profit or money made on an investment) in any market conditions in excess of the ICE BofA Sterling 3-Month Deposit Offered Rate Constant Maturity Index (the “Index”) (on a net of fees basis) over any 12-month periods. The Fund also aims to achieve a return of plus 4% above the Index (annualized on a net of fees basis) over any 3 year period. The Fund adopts a dynamic investment approach to tactically allocate assets between asset classes. This will include investing directly and indirectly (via collective investment schemes) across asset classes: shares, bonds (which are loans usually to a company or government that pays interest), money market instruments (which are investments that take the form of short-term loans made by the Fund to banks or governments), deposits (deposit account held at a financial institution where money is locked up for a set period of time in return for a fixed interest rate) and cash.
Fund Managers
Pictet Asset Management Ltd
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