|Bid Price||-||Offer Price||-|
|Mid Price||GBX 111.20||Day Change||GBX -0.40 (-0.36%)|
|Price Date||7 Aug 2013||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.46||Fund Size||3,741,620.36|
|Launch Date||06/07/2012||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.80||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||1.46|
|ISIN||GB00B8433781||Min TopUp (£)||0.00|
The Fund aims to provide long term capital growth from a multi-asset portfolio and to deliver protection at 80% of the Fundâ€™s highest share price ever achieved. The Fund may take investment exposure to global equities, bonds, property, commodities, cash and alternative assets. From time to time, the Fundâ€™s strategy will be to increase its allocation to low risk interest bearing investments which is designed to deliver the 80% protection.
Max is a portfolio manager in the Global Asset Allocation team. Prior to joining Investec Asset Management, he was a director of JO Hambro Capital Management, where he managed a range of portfolios, with a variety of investment remits including â€˜special situationsâ€™, mid to large cap pan-European companies and UK small caps. Before that, he worked for Finsbury Asset Management between 1987 and 1997 as a director and senior investment manager, with responsibilities for several investment trusts, focused on a variety of UK stocks. Max also worked for LF Rothschild for four years as a vice president in the risk arbitrage department, investing proprietary capital and client money. He qualified as a Chartered Accountant at Peat Marwick and then spent two years in corporate advisory before moving into investment management. Max graduated from Cambridge University with a degree in Economics.