Newton Growth and Income For Charit
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 124.50||Day Change||GBX +0.04 (0.03%)|
|Price Date||24 Mar 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.87 %|
|Total Expense Ratio||0.00||Fund Size||644,644,956.00|
|Launch Date||09/05/2014||Standard Initial Charge (%)||7.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BH3H2883||Min TopUp (£)||2,500.00|
To maximise total returns for charities through capital growth and income. The fund invests primarily in a global portfolio of global equities and fixed interest securities. The minimum target yield (income) is 3% per annum.
Christopher Metcalfe is Investment Leader, UK Equities as well as managing multi asset portfolios. He runs portfolios including the Newton UK Income Fund, Newton Growth and Income Fund for Charities, Newton UK Opportunities Fund and Newton Multi Asset Growth Fund. Christopher has been running UK Equity portfolios for thirty one years. He ran large pension fund portfolios at Henderson and Schroder for twenty years before joining Newton in 2006. He ran the best performing UK Equity Unit Trust in the IA UK All Companies sector in both 2007 and 2008 and was Investment Week Fund Manager of the Year in the Flexible sector 2015. He holds an MBA from the Manchester Business School. Christopher has been with Newton for 10 years.