|Bid Price||-||Offer Price||-|
|Mid Price||GBX 113.70||Day Change||GBX -0.30 (-0.26%)|
|Price Date||21 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.65 %|
|Total Expense Ratio||0.00||Fund Size||58,000,000.00|
|Launch Date||08/01/2014||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.35||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BGHQ0Z79||Min TopUp (£)||0.00|
The primary objective of the Fund is to generate a return in excess of cash (measured by the Bank of England base rate) and to beat inflation (as measured by UK CPI) over a rolling 3 year period. Your capital is at risk and there is no guarantee that a positive return will be obtained over the rolling 3 year period, or any other time period. The intention is for the Fund to be invested in a broad range of investments predominantly via collective investment schemes. The Fund may also invest in transferable securities, money market instruments, gold and cash. It is the ACD's intention that derivatives and forward transactions will only be used for Efficient Portfolio Management. The Fund may use derivatives and forward transactions for investment purposes on the giving of 60 days' notice to Shareholders. The use of derivatives for investment purposes may alter the risk profile of the Fund.
David Cooke is an investment manager and sits on the Investment Committee, joining Saltus in 2010. Prior to then he worked for a number of institutions including Goldman Sachs. He has extensive experience in investment strategy and managing global equities.