|Bid Price||-||Offer Price||-|
|Mid Price||USX 231.21||Day Change||USX -0.53 (-0.24%)|
|Price Date||26 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.57||Fund Size||1,200,000,000.00|
|Launch Date||24/02/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||1.57|
|ISIN||GB00B7T22657||Min TopUp (£)||5,000.00|
To achieve positive absolute returns in all market conditions over rolling three-year periods with less volatility than a conventional long-only equity fund.
Matthew Smith is a fund manager and analyst with 22 years' investment experience in UK and international equity markets. Matthew is responsible for lead managing the Tortoise Fund and co-managing both the UK Equity and UK Focus funds. Before joining Majedie in 2006, Matthew had been a Director at Deutsche Bank, where he was Pan European Support Services Analyst. Until 2004 he had been a Director and Transport Analyst at Credit Suisse. Prior to that, he was a fund manager and analyst at NPI, where he managed the NPI UK Extra Income Unit Trust. Matthew joined NPI in 1994. He holds a Bachelor of Sciences degree in Geophysics from the University of Southampton.
Tom Morris is a fund manager and analyst with 7 years’ investment experience in UK and international equity markets. Tom is responsible for co-managing both the Global Equity and Global Focus funds and also the Tortoise Fund. Tom holds a Master of Sciences degree in Natural Sciences, specialising in Physics, from St Catharine’s College, Cambridge. He is a CFA charter holder.