|Bid Price||-||Offer Price||-|
|Mid Price||GBX 116.18||Day Change||GBX -0.33 (-0.28%)|
|Price Date||22 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.20 %|
|Total Expense Ratio||0.00||Fund Size||143,061,513.00|
|Launch Date||31/03/2014||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.65||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BGJZ2127||Min TopUp (£)||0.00|
The objective of the Sub-Fund is to achieve a positive return in sterling terms by investing across a range of asset classes, which may include collective investment schemes (including ETFs), transferable securities, cash deposits and cash equivalent securities (e.g. short dated gilts & cash funds), and derivatives. The Sub-Fund is managed to seek a minimum return of Retail Prices Index (“RPI”) +4% per annum over 5 years before fees. In so doing we aim to achieve a positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may occur.
Tim is head of strategy and asset allocation. He is responsible for generating Newton’s economic and strategic view across global sectors, markets and asset classes. As a former stock analyst and fund manager he is ideally qualified to formulate Newton’s thematic ideas given his unique blend of macro and stock specific experience. As part of his role, Tim communicates the house strategy internally to help ensure a high degree of consistency across Newton’s investment process. Tim also runs Newton’s Strategic Asset Allocation “fund of funds” service. Tim has a wealth of experience in the investment management sector through high level positions at Provident Mutual, National Mutual Life of Australasia and Bank of Scotland.