|Bid Price||-||Offer Price||-|
|Mid Price||GBX 100.50||Day Change||GBX 0.00 (0.00%)|
|Price Date||18 Feb 2016||Crown Rating|
|Shares Class||Inc.||Yield||2.43 %|
|Total Expense Ratio||0.00||Fund Size||11,294,900.00|
|Launch Date||28/09/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B86M4702||Min TopUp (£)||250,000.00|
The Fund aims to provide a positive absolute return over rolling 12 month periods whilst targeting an annualised total return of 3Mo Sterling LIBOR plus 4% over three year rolling periods.
Stuart Steven has been involved in managing multi-currency fixed income portfolios for over 17 years, with experience in managing teams and marketing fixed income funds. He has an additional 5 years’ related investment experience. He joined Alliance Trust in December 2009 and is Co-Fund Manager of Alliance Trust Monthly Income Bond Fund. Following a period in industry, Stuart joined Britannic Asset Management in 1994 and became Head of Corporate Bonds with responsibility for managing investment grade portfolios for retail and institutional funds. In 2000 he joined Legal & General as Director, Corporate Bonds where, until 2006, he managed a highly successful team of credit specialists managing multi-currency assets. He joined Scottish Widows Investment Partnership in 2008 as Investment Director, managing a number of funds, including investment grade and & absolute return funds.