Quick Stats

Bid Price GBX 70.39 Offer Price GBX 70.39
Mid Price - Day Change GBX -0.01 (-0.01%)
Price Date 29 May 2014 Crown Rating 3
Shares Class Inc. Yield 0.20 %
Total Expense Ratio 0.08 Fund Size 88,350,000.00
Launch Date 22/02/2010 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 0.08
ISIN GB00B5NXDT01 Min TopUp (£) 0.00

Fund Objective

The objective of this fund is to provide a combination of growth and income into the fund in all market conditions over any one year period. The fund will invest between 80% and 100% in UK company shares and/or derivatives which are linked to UK company shares. Derivatives are contracts which have a value linked to the price of another asset. From time to time the fund may hold European shares. At times the fund may be fully invested in derivatives. The fund may use derivatives for the following purposes: To enhance the performance of the fund. This may include using derivatives to create the effect of a short sale. Short selling is used where a fund manager believes that shares are currently overvalued in the market. To help with efficient day to day management. To reduce some of the risks of the market. The fund may also invest in other authorised investment funds and cash.

Fund Managers

Guy Rushton
Guy is a fund manager on the UK Equity desk and is responsible for the analysis of the support services and general financials sectors. Prior to joining LGIM in July 2008, Guy worked as a health care equity analyst at Clear Capital. Guy graduated from the University of Cambridge in 2005 with an MA degree in Medical Sciences. He has completed the CFA examinations.