|Bid Price||GBX 1,000.00||Offer Price||GBX 1,002.00|
|Mid Price||-||Day Change||GBX -3.00 (-0.30%)|
|Price Date||23 Nov 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.26 %|
|Total Expense Ratio||0.93||Fund Size||98,507,798.02|
|Launch Date||08/05/1987||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.93|
|ISIN||GB00B80S7M00||Min TopUp (£)||100.00|
The Fund aims to achieve long-term capital growth on your investment by investing primarily in the shares of medium and smaller companies which are incorporated in, or listed on, stock exchanges in the United States. Small and medium companies are companies which, at the time of purchase, form the bottom 30% of United States stock markets by market capitalisation. Market capitalisation is the share price of the company multiplied by the number of shares issued. The Fund has the flexibility to invest outside of the asset class and sector set out above.
Tony DeSpirito, Managing Director, is a member of the Fundamental Equity division of BlackRock's Alpha Strategies Group. He is a co-head of the BlackRock Equity Dividend team and co-portfolio manager of the BlackRock Equity Dividend Fund. Prior to joining BlackRock in 2014, Mr. DeSpirito worked at Pzena Investment Management, where he served as Managing Principal, portfolio manager and a member of the firm's Executive Committee. Mr. DeSpirito was responsible for a suite of large-cap value, all-cap value and two hedge fund portfolios. Having managed value equity assets since 1996, Mr. DeSpirito served as a portfolio manager for the John Hancock Classic Value, PACE Large Company Value and Vanguard Windsor funds. Mr. DeSpirito earned a BA degree in economics with concentration in finance, summa cum laude, from the Wharton School of the University of Pennsylvania in 1990 and a JD, magna cum laude, from Harvard Law School in 1993.