|Bid Price||-||Offer Price||-|
|Mid Price||GBX 47.10||Day Change||GBX -0.35 (-0.74%)|
|Price Date||23 Nov 2015||Crown Rating|
|Shares Class||Inc.||Yield||6.00 %|
|Total Expense Ratio||1.30||Fund Size||27,969,567.75|
|Launch Date||09/11/2012||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000,000.00||Total Expense Ratio (%)||1.30|
|ISIN||GB00B8BWDF66||Min TopUp (£)||1,500,000.00|
The Fund aims to achieve an annual return of 4% above the UK rate of inflation over rolling 7 year periods through a combination of the returns on income and capital by gaining exposure to a diversified range of asset classes. Out of this return, the fund aims to provide a regular income of 6% per annum. Notwithstanding the fact that the Fund aims to achieve an annual return over rolling 7 year periods, any capital is in fact at risk and there is no guarantee that such return will be guaranteed over that specific time period or within another time period.
John Ventre has more than 11 years of industry experience, having previously worked as an exchange-traded derivatives broker with ADM Investor Services International, trading commodities and equity volatility, and latterly as a partner in a start-up private client investment management and brokerage firm on the Isle of Man. John was previously associated with Alternative Investment Strategies Limited, the first closed-ended fund of hedge funds listed in London, as well as teaching the Derivatives module on the Isle of Man for Liverpool Business School. He holds a BA (Hons) in Law from Peterhouse, Cambridge and an MA (Cantab).John has joint responsibility for portfolio management and asset allocation decisions on our MultiManager funds.