|Bid Price||-||Offer Price||-|
|Mid Price||GBX 126.72||Day Change||GBX +0.30 (0.24%)|
|Price Date||1 Oct 2015||Crown Rating|
|Shares Class||Inc.||Yield||2.13 %|
|Total Expense Ratio||1.49||Fund Size||14,500,000.00|
|Launch Date||20/07/2010||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.49|
|ISIN||GB00B5P52B91||Min TopUp (£)||500.00|
The aim of the fund is to outperform the Investment Management Association (IMA) Mixed Investment 20%-60% Shares sector mean on a total return basis over the medium-to-long term.The fund invests in a range of asset classes, predominantly via underlying Regulated Collective Investment Schemes. In other words it is a fund of funds. A secondary but important objective is to achieve a return equivalent to that of UK consumer price index (CPI) plus 2% per annum over a market cycle.
A Warwick University mathematics graduate with over a decade of experience in the fund management industry. He has worked with the T. Bailey Funds since 2000 having previously been an ACA with Deloitte and is currently Joint Fund Manager.