Quick Stats

Bid Price - Offer Price -
Mid Price GBX 152.12 Day Change GBX +0.47 (0.31%)
Price Date 18 Oct 2017 Crown Rating
Shares Class Inc. Yield 0.89 %
Total Expense Ratio 1.22 Fund Size 870,727,974.89
Launch Date 31/03/2010 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 1.22
ISIN GB00B4PT4N03 Min TopUp (£) 100,000.00

Fund Objective

The CF Heartwood Balanced Multi Asset Fund will aim to deliver a total return (the combination of income and growth of capital) through investments in a diversified range of asset types. There is no guarantee that a positive return will be delivered. The Fund will invest no more than 85% of its portfolio in equities.

Fund Managers

Michael Stanes
Michael has responsibility for tactical asset allocation, but also manages client portfolios and runs our Balanced Investment Strategy. Michael joined Heartwood in 2010 from Soditic CBIP LLP, a London-based privately owned fund management business where he was CEO and CIO from 2008. In 2002, he started working for Goldman Sachs Asset Management as an Executive Director, managing global equity portfolios. Michael began his career in 1986 at Mercury Asset Management (subsequently Merrill Lynch Investment Managers) as a UK equity portfolio manager. In 1994, he moved to Tokyo to lead the Japanese equity team responsible for non-Japanese institutional clients and retail funds. Subsequently, Michael moved to the US, where he built a team running global and US equity portfolios for high-net-worth private clients. Michael read law at the University of Oxford. He is a member of the Chartered Institute for Securities & Investment. He is also a non-executive director of TP Income VCT plc.