|Bid Price||GBX 147.58||Offer Price||GBX 148.12|
|Mid Price||-||Day Change||GBX +0.15 (0.10%)|
|Price Date||25 Jul 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.20 %|
|Total Expense Ratio||0.00||Fund Size||23,876,313.00|
|Launch Date||25/03/2013||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||30,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B8W46V86||Min TopUp (£)||500.00|
The objective of the fund is to provide long-term total returns with a strong focus on capital preservation by mitigating downside risk through a robust investment process (capital preservation is not however guaranteed). The Manager intends to achieve the objective primarily through the purchase of ordinary shares. There are no restrictions on the economic sectors or geographic areas in which the fund may invest. It is likely that the Fund will provide a variable income yield.
Carl graduated from the University of Southampton in 1991 with a BA Honours degree in English Literature. Having served in several non-investment related jobs, he took up a position as an assistant private client manager with stockbroking firm Neilson Cobbold, Tunbridge Wells in 1996. Rathbones acquired Neilson Cobbold, and Carl transferred to London in 1998. In August 1998, after two years as a discretionary investment manager, he became an assistant fund manager working alongside Hugh Priestley. Carl took over the management of the Rathbone Income Fund in January 2000. Since October 2001, Carl has been a Board Director of Rathbone Unit Trust Management and plays a key role in the development of Rathbone's investment process and business strategy. He is also I.I.M.R-qualified and a Fellow of the Securities Institute.
Alan joined Rathbones in October 2005. He became manager of Rathbone Blue Chip Income & Growth Fund in January 2012 and co-manager of the Rathbone Heritage Fund in March 2013. He graduated from the University of Strathclyde with an MSc Finance and also holds degrees in Accounting and Chemical Sciences from the Universities of Glasgow and Edinburgh, respectively. Alan holds the IMC (Investment Management Certificate) and is a CFA (Chartered Financial Analyst) charter-holder
Elizabeth is the assistant fund manager on the Rathbone Income Fund and co-manages the Rathbone Heritage Fund. She joined Rathbones in January 2005 as a quantitative analyst after graduating from the University of Oxford (Lady Margaret Hall). She holds an MA in Mathematical Sciences. Liz supports fund managers on the income mandates through quantitative stock screening and fundamental research on companies. She also profiles relative and absolute risk across the funds. Prior to joining Rathbone Unit Trust Management, Elizabeth worked on temporary assignments with Accord Holdings Ltd, a media advertising business. She holds the Investment Management Certificate and is a CFA (Chartered Financial Analyst) Charterholder.