|Bid Price||-||Offer Price||-|
|Mid Price||GBX 61.38||Day Change||GBX -0.08 (-0.13%)|
|Price Date||18 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.93||Fund Size||236,400,000.00|
|Launch Date||20/11/2013||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.65||Sector||IMA UK Equity Income|
|Min Investment (£)||2,000,000.00||Total Expense Ratio (%)||0.93|
|ISIN||GB00BFNWYG14||Min TopUp (£)||0.00|
The fund aims to provide a long term total return through capital appreciation and income. It invests in a diversified portfolio of assets including equities, bonds, cash deposits and money-market instruments directly, via collective investment schemes and via derivatives. The fund is actively managed by our investment team and holds a portfolio of assets from both the UK and overseas, selected without reference to index weight or size, combined with strategies based on advanced derivative techniques designed to enhance portfolio diversification and thus lower volatility. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund will use derivatives extensively to reduce risk or cost, or to generate additional capital or income at low risk, or to meet its investment objective. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Multi Asset Investment team
The 64-strong Multi-Asset & Macro Investing (MAI) Team, is headed by Guy Stern and is responsible for a total of £158.1bn from an asset allocation perspective as at 31 December 2016. Considerable resource is committed to the Team and this large and experienced group consists of three critical skill sets Global Strategy, Risk & Structuring and Multi-Asset Management. They are supported by a dedicated team of twelve Multi-Asset Investment Specialists.