|Bid Price||-||Offer Price||-|
|Mid Price||USD 2.85||Day Change||USD +0.00 (0.45%)|
|Price Date||19 Jan 2018||Crown Rating|
|Shares Class||Inc.||Yield||0.20 %|
|Total Expense Ratio||0.00||Fund Size||173,990,206.68|
|Launch Date||22/10/2007||Standard Initial Charge (%)||3.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,500,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B7S7GL44||Min TopUp (£)||0.00|
The aim of the Fund is to grow the amount you invested. At least two-thirds of the Fund’s assets will be in long and short positions in companies in North America or companies that have significant operations there. The Fund invests directly in shares or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices).
Ashish Kochar is a portfolio manager for the Threadneedle Global Extended Alpha, American Extended Alpha, American Absolute Alpha and American Select funds. He also is responsible for consumer sector research.Ashish joined the company in 2008 as a senior portfolio analyst within the US Equities team and subsequently joined the Global Equities team in 2010. He joined the company from a ‘Tiger Cub’ hedge fund and previously worked as an analyst for Merrill Lynch in New York. Ashish holds an MBA from Mason School of Business, The College of William and Mary.