|Bid Price||-||Offer Price||-|
|Mid Price||GBX 144.48||Day Change||GBX +0.27 (0.19%)|
|Price Date||17 Nov 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.77 %|
|Total Expense Ratio||2.00||Fund Size||57,440,000.00|
|Launch Date||04/05/2010||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||50,000,000.00||Total Expense Ratio (%)||2.00|
|ISIN||GB00BKJ8R254||Min TopUp (£)||0.00|
The objective of the Fund is to achieve long term capital growth and income delivering average annual investment returns (total returns, net of fees) of at least RPI + 1.0% over a five to seven year investment cycle. The Fund will have a diversified portfolio. The majority of the assets will be fixed income funds, bonds issued by government and other organisations, cash, deposits and money market instruments. There is no specific limit in exposure to any sector or geographic area.
Marcus joined Cornelian Asset Managers as a Director in 2002. In addition to his client responsibilities, Marcus leads the Private Client & Charities team and reports to the Board on the management and performance of private client and charity portfolios. A graduate of Oxford University, Marcus worked previously at the SG Warburg Group and Kleinwort Benson in London before moving to Stewart Ivory in 1994. At Stewart Ivory he was responsible for UK Equity and Fixed Interest investment and managed Investment Trust, Unit Trust, Pension and Charity portfolios.
Hector joined Cornelian from Scottish Value Management where he managed the successful SVM UK Alpha Fund. Prior to this, he spent over six years at Standard Life Investments where he was appointed Investment Director, and was a key member of the Continental European equities team. Hector started his career at Norwich Union Investment Management having completed an MBA in Strategic Management from Imperial College Business School. At Cornelian, Hector is responsible for the management and development of the investment process and investment performance across all funds. He also works closely with the Private Clients & Charities team, headed by Marcus Brooks, in the daily monitoring and management of our client portfolios.