|Bid Price||-||Offer Price||-|
|Mid Price||GBX 173.70||Day Change||GBX -2.60 (-1.47%)|
|Price Date||17 Oct 2014||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.13||Fund Size||72,386,155.87|
|Launch Date||03/10/1988||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||25,000.00||Total Expense Ratio (%)||1.13|
|ISIN||GB0007214538||Min TopUp (£)||500.00|
The fund aims to provide capital growth and income. The fund invests in a diversified multi-asset portfolio of funds that invest in shares and bonds of companies in the UK and worldwide, government bonds and other fixed income securities. The fund may also invest directly in shares, bonds and money market instruments and hold cash and foreign currency on deposit. The fund may gain exposure to alternative asset classes including real estate, commodities, structured products and private equity. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Marcus Brookes joined Cazenove in January 2008. He heads the Cazenove Capital multi-manager team at Schroders. Before his time at Cazenove Capital Management, he worked for Gartmore Investment Management. Prior to joining Gartmore, Marcus held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. He graduated from the University of Sterling with an MSc. in Investment Analysis. He brings over 19 yearsâ€™ investment experience to the team.