R&M World Recovery B Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 492.64||Day Change||GBX +1.06 (0.22%)|
|Price Date||24 Mar 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.53 %|
|Total Expense Ratio||0.00||Fund Size||291,384,900.00|
|Launch Date||04/03/2013||Standard Initial Charge (%)||5.25|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||2,500,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B9428D30||Min TopUp (£)||25,000.00|
The investment objective of the Fund is to achieve capital growth through investing in a portfolio which will primarily consist of international equities that the investment manager believes will benefit from a recovery in company profitability over the medium and longer term. The Fund will not be restricted by reference to a benchmark, territory, sector constraints or company size.
Hugh is the CIO of Equities. Graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equity graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund and in March 2000 was promoted to Head of UK Equities at UBSGAM and Chairman of the UK Equity Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Diversified Growth strategy and co-manager of the Special Opportunities fund. Hugh joined River and Mercantile in August 2006. Hugh is CIO of the Equity team at River and Mercantile with overall responsibility for managing and developing the team. As a Fund Manager he will be focused on the UK High Alpha, Global High Alpha, Long Term Recovery and World Recovery strategies.