|Bid Price||-||Offer Price||-|
|Mid Price||GBX 53.61||Day Change||GBX +0.19 (0.36%)|
|Price Date||21 Aug 2014||Crown Rating|
|Shares Class||Inc.||Yield||3.08 %|
|Total Expense Ratio||0.00||Fund Size||89,245,800.00|
|Launch Date||15/08/2013||Standard Initial Charge (%)||10.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||3,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BBR67843||Min TopUp (£)||100,000.00|
The Fundâ€™s investment objective is to provide a growing income, predominantly from investment in UK equities. In seeking a yield higher than that offered by the major UK equity indices, the Fund will invest primarily in above-average yielding equities rather than fixed interest securities. Investment will be in directly held transferable securities. The Fund may also invest in collective investment schemes, warrants and money market instruments.
Kevin manages the Specialist Value UK equity portfolios and is the co-manager of the Schroder Recovery Fund since 2006. He was previously responsible for the Construction and Building Materials sector. He was a member of the materials team with Pan-European equity research department since 2003.Kevin started on UK Fund Management desk as junior member with emphasis on Private Bank portfolios. His investment career commenced in 2000 when he joined Schroder's as a graduate CFA charter holder & has completed BA (Hons) in Economics.