Elite Balanced C Acc USD

Quick Stats

Bid Price - Offer Price -
Mid Price USX 95.66 Day Change USX +0.00 (0.57%)
Price Date 17 Feb 2017 Crown Rating 2
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 2.53 Fund Size 21,947,301.00
Launch Date 09/12/1991 Standard Initial Charge (%) 5.25
Currency USX ISA Eligible No
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 5,000.00 Total Expense Ratio (%) 2.53
ISIN GB00BC4DS602 Min TopUp (£) 5,000.00

Fund Objective

The objective of the Fund is to provide a total positive return above the IMA Mixed Investment 40%-85% Shares Index, over a 3 year rolling period, with an emphasis on providing capital appreciation. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the 3 year rolling period or in respect of any other period.

Fund Managers

Duncan Carmichael-Jack
Duncan Carmichael-Jack manages the WAY Green Portfolio Fund. Duncan joined Vestra Wealth from UBS where he held the position of Joint-Head of UBS UK Ltd. He began his career at JP Morgan Investment Management in 1991, moving to Credit Suisse Asset Management in 1994 as an equity fund manager. He joined investment boutique Laing and Cruickshank in 1999 where he held the role of Investment Manager before its takeover by UBS in 2004. Duncan was awarded a AA Citywide rating in 2007 for his management of the Elite Balanced and Elite Income Unit Trusts. For over a decade he has looked after a growing number of clients with ethical and environmental restrictions, investing in both direct equity and pooled investment vehicles. This knowledge, combined with his recognised fund of funds experience puts him in an ideal position to run this fund. Duncan works closely with the Ethical Investment Group in fund selection, which adds a further dynamic to the portfolio construction.