Quick Stats

Bid Price GBP 6.20 Offer Price GBP 6.65
Mid Price - Day Change GBP +0.04 (0.60%)
Price Date 24 Aug 2017 Crown Rating
Shares Class Inc. Yield 3.45 %
Total Expense Ratio 0.49 Fund Size 1,435,600,000.00
Launch Date 30/09/1995 Standard Initial Charge (%) 0.00
Currency GBP ISA Eligible No
Annual Management Charge (%) 0.40 Sector IMA UK Equity Income
Min Investment (£) 10,000.00 Total Expense Ratio (%) 0.49
ISIN GB0004262191 Min TopUp (£) 1,000.00

Fund Objective

To outperform the benchmark by 50 basis points p.a. on a three year rolling basis.

Fund Managers

Chris Mathew
Chris is the Fund Director for the HPUT, joining Hermes in July 2002. Chris qualified as a chartered surveyor in 1995, and prior to joining Hermes was an associate partner in the valuation consulting team of Drivers Jonas, a position he held for four years. At Drivers Jonas, Chris dealt with options appraisals / estate strategies on client portfolios; negotiation for the sale and purchase of interests in specialist properties, and was latterly seconded to the sponsors of the World Athletics Championships to advise on site assembly and real estate issues. Before joining Drivers Jonas, Chris worked at King Sturge and the Investment Property Databank. Chris has been working in the HPUT team since April 2003, became Fund Manager in June 2006 and Fund Director in April 2007. Chris is a member of the Association of Real Estate Funds Management Committee, and chaired the sub-committee that brought in guidance on expense ratios and the revised Code of Practice