|Bid Price||GBX 102.00||Offer Price||GBX 102.00|
|Mid Price||-||Day Change||GBX +0.10 (0.10%)|
|Price Date||21 Aug 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.86 %|
|Total Expense Ratio||0.00||Fund Size||9,753,900.00|
|Launch Date||18/09/2013||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.80||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BW1YMF33||Min TopUp (£)||100.00|
The aim of the Fund is to achieve a positive absolute return on a three year basis regardless of market conditions. In addition, the Fund also seeks to manage risk through active asset allocation with a view to achieving lower risk than investing in worldwide equities alone. The Fund will be managed with the aim of delivering absolute (more than zero) returns on a three year basis in any market conditions. However, an absolute return is not guaranteed over a three year or any period and the Fund may experience periods of negative return. The Fund’s capital is at risk.
Adam Ryan, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies (MAS) group which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. He is Head of the Diversified Strategies team and is lead portfolio manager of Dynamic Diversified Growth (DDG). Mr Ryan's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. His background is in fixed income portfolio management where he was Head of Fixed Income for MLIM's Private Client business before developing and managing diversified multi-asset portfolios for both private and institutional clients. Mr Ryan earned a BA degree with honours in engineering from Cambridge University in 1991.
Andy Warwick, CFA, Managing Director and portfolio manager, is a member of the Diversified Strategies team within BlackRock's Multi-Asset Strategies (MAS) group, which is responsible for developing, assembling and managing investment strategies involving multiple asset classes. Within Diversified Strategies he is lead portfolio manager for Dynamic Return Strategy (DRS) and a portfolio manager for Dynamic Diversified Growth (DDG). Mr Warwick also has responsibility for the management of a number of retail portfolios including the BGF Flexible Multi-Asset Fund and is also responsible for derivative implementation and structured product strategies for the team. Mr. Warwick's service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to MLIM he worked with Mako Global Derivatives and Dalton Strategic Partnership from 2002-2005. Mr Warwick initially worked for MLIM from 1993-2002 as a manager for MLIM's unit trusts before joining the quantitative and derivatives team as a portfolio manager and equity derivatives head trader in 1997. He was subsequently co-portfolio manager of MLIM's first hedge fund, the Mercury Equity Arbitrage Fund. Mr. Warwick earned a MSc in Finance from the University of Leicester in 2007.