|Bid Price||-||Offer Price||-|
|Mid Price||GBX 268.50||Day Change||GBX -3.10 (-1.14%)|
|Price Date||18 Jun 2018||Crown Rating|
|Shares Class||Inc.||Yield||1.10 %|
|Total Expense Ratio||0.00||Fund Size||107,067,800.00|
|Launch Date||28/01/2010||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.30||Sector||Specialist|
|Min Investment (£)||500,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B4WHQ646||Min TopUp (£)||500,000.00|
The objective is to provide growth. The Manager combines exposure to UK equities with investment in securities issued by the UK government with some cash. The Fund invests predominantly in over-15 gilts and deposits, cash and/or near cash investments. UK equity exposure comprises FTSE 100 exchange traded futures.
Alex Soulsby joined the Group in July 2006 and is Head of Liability Driven Investment. He has spent the last 9 years managing the LDI investments for pensions and insurance clients. Prior to joining, Alex worked at JP Morgan where he spent 8 years as an interest rate specialist, modelling exotic derivatives and subsequently structuring derivatives hedges for UK financial institutions. Alex has a BSc in Economics from LSE and a BA in Philosophy and Politics from the University of Durham.
Christopher Higman is a Derivatives Fund Manager in the Investment Solutions team. Chris joined F&C in September 2006 with an MPhys degree in Theoretical Physics from Exeter University and is a CFA Charterholder.