|Bid Price||-||Offer Price||-|
|Mid Price||GBX 114.70||Day Change||GBX +0.40 (0.35%)|
|Price Date||17 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.68 %|
|Total Expense Ratio||0.35||Fund Size||471,520,821.79|
|Launch Date||31/01/2007||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.30||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.35|
|ISIN||GB00B4TDBC68||Min TopUp (£)||50,000.00|
The fund seeks to achieve a combination of income and capital growth over the medium (5 years) to long (7 years) term. The Ethical Bond Fund invests predominantly in investment grade UK corporate bonds which meet predefined ethical criteria. The policy of the fund considers all of the following ethical issues: alcohol, armaments, gambling, pornography, tobacco, human rights, animal testing and the environment.
Eric Holt has extensive knowledge of UK investment grade and high yield corporate bonds, gained over a career spanning more than 30 years. He has overall responsibility for RLAM’s credit research process, as well as managing the Sterling Extra Yield Bond Fund and the Ethical Bond Fund. He joined RLAM in 1999 following Royal London’s acquisition of Refuge Assurance’s investment team, where he had worked for the previous 20 years. Eric is a graduate of Nottingham University with a degree in mathematics and is an associate of the Institute of Actuaries.