|Bid Price||GBX 121.70||Offer Price||GBX 122.10|
|Mid Price||-||Day Change||GBX +0.40 (0.33%)|
|Price Date||13 Jul 2018||Crown Rating|
|Shares Class||Inc.||Yield||1.10 %|
|Total Expense Ratio||0.00||Fund Size||2,454,332,700.00|
|Launch Date||29/06/2006||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.55||Sector||Specialist|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B883P127||Min TopUp (£)||100.00|
The Fund aims to deliver over the medium term a total return, in the form of capital growth and income, which exceeds the Bank of England’s Base Interest Rate as set by the Monetary Policy Committee or successor bodies. Although the Fund aims to deliver a total return over the medium term, there is no guarantee that this will be achieved over this time period, or any time period. The Fund’s capital is at risk. It will invest principally in fixed interest stocks (corporate and Government), UK and overseas equities, units in collective investment schemes and cash and near cash assets. The Fund will be allocated to any or all of these investments according to market conditions and other factors. The Manager also retains the flexibility to invest in approved money market instruments and deposits. In order to achieve the investment objective and policy the Fund will utilise a variety of investment strategies and instruments. For this purpose, it intends to utilise derivatives for investment purposes and for efficient portfolio management. The Fund may also hold indirect exposure to alternative asset classes such as commodities or property through eligible index derivatives, eligible collective investment schemes or structured securities.
Adam Ryan, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies (MAS) group which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. He is Head of the Diversified Strategies team and is lead portfolio manager of Dynamic Diversified Growth (DDG). Mr Ryan's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. His background is in fixed income portfolio management where he was Head of Fixed Income for MLIM's Private Client business before developing and managing diversified multi-asset portfolios for both private and institutional clients. Mr Ryan earned a BA degree with honours in engineering from Cambridge University in 1991.