Quick Stats

Bid Price - Offer Price -
Mid Price GBX 188.20 Day Change GBX -0.60 (-0.32%)
Price Date 19 Oct 2018 Crown Rating 3
Shares Class Inc. Yield 1.30 %
Total Expense Ratio 1.57 Fund Size 22,809,699.09
Launch Date 28/06/2010 Standard Initial Charge (%) 2.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.25 Sector Mixed Investment 40-85% Shares
Min Investment (£) 0.00 Total Expense Ratio (%) 1.57
ISIN GB00B4N1GG52 Min TopUp (£) 0.00

Fund Objective

This fund aims to provide long-term capital growth mainly through investment in collective investment schemes.The Fund aims to provide exposure primarily to equities (which may include UK, overseas and emerging markets). The Fund may also provide exposure to bonds (this may include UK Government bonds, index-linked securities, other UK fixed interest securities, overseas bonds and high yield bonds), property (which can be both in the UK and overseas) commodities and other alternative assets such as derivatives. This fund invests principally in a range of funds managed by, or operated within, the Lloyds Banking Group.High yield bonds are also known as Non-investment grade bonds. Non-investment grade bonds have not been awarded the minimum rating required to meet the investment grade rating. Therefore they are considered higher risk than bonds with a higher credit rating. Credit ratings indicate the likelihood that an issuer will be able to make their payments.

Fund Managers

Matthew Davies
Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Mark Henzell
Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.