Orbis Global Balanced Standard
|Bid Price||-||Offer Price||-|
|Mid Price||GBP 14.52||Day Change||GBP -0.06 (-0.38%)|
|Price Date||23 Feb 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||20,000,000.00|
|Launch Date||01/01/2014||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||1.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BH6XLK83||Min TopUp (£)||1.00|
The Fund seeks to balance income generation, appreciation of capital, and risk of loss with a diversified global portfolio. The Fund’s success or failure with regard to this objective is measured by comparing its returns with those of its Benchmark, 60% MSCI World Index and 40% JP Morgan Global Government Bond Index. This Benchmark combines indices which measure the performance of some of the largest companies listed on world stock exchanges and bonds issued by governments around the world.
Alec holds a Bachelor of Science (Honours) in Naval Architecture from the United States Naval Academy, a Master of Business Administration from The Wharton School, University of Pennsylvania, and is a CFA Institute charterholder. Prior to joining Orbis in 2004 he was at Brandywine Asset Management Ltd, where he managed the Relative Value product, co-managed the Large Cap Value area and co-managed the firm as a member of the Executive Committee.