|Bid Price||-||Offer Price||-|
|Mid Price||GBX 1,126.00||Day Change||GBX 0.00 (0.00%)|
|Price Date||23 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.45 %|
|Total Expense Ratio||1.30||Fund Size||630,142,016.17|
|Launch Date||01/08/1997||Standard Initial Charge (%)||4.00|
|Annual Management Charge (%)||1.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.30|
|ISIN||GB00B66DT185||Min TopUp (£)||100.00|
The fund seeks to achieve capital growth. Offering broad UK market exposure, the RL UK Equity Fund draws on the manager's top down investment process and focuses on earnings momentum as a key driver of future share price performance.
Ivor has worked within the Royal London Group since 1984, joining RLAM on its inception in 1988. Initially managing income unit trusts, and then the RL Staff Pension Fund, in 1989 he assumed responsibility for the management of the UK equity component of the Royal London Life Fund. Prior to joining Royal London, he spent two years as an economist at SIA Computer Services, having begun his career as a base metals analyst at CRU. Ivor has a BSc in Economics from the University of Bristol and an MA in Economics from the University of Warwick. He is a member of the Associate of the Institute of Investment Management & Research (subsequently renamed the CFA Society of the UK).