|Bid Price||-||Offer Price||-|
|Mid Price||GBX 194.80||Day Change||GBX -0.50 (-0.26%)|
|Price Date||19 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.71 %|
|Total Expense Ratio||0.00||Fund Size||104,659,000.00|
|Launch Date||31/12/2002||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.62||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB0032312612||Min TopUp (£)||100,000.00|
The fund aims to provide capital growth and income. At least 80% of the fund will be invested in shares of UK companies. The fund has no bias to any particular industry. The fund invests in businesses which we believe have been undervalued by the market. Investment decisions are based on in depth research into a company's financial and business strength, as well as meetings with management. To a lesser extent, we allow more macroeconomic or thematic views to influence portfolio positions. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be to reduce risk or manage the fund more efficiently.
David Docherty joined Schroders in 2013 when it acquired Cazenove, which he joined in 2000. He currently manages the Schroder UK Core Equity Fund. David has more than 24 years’ experience. Prior to Cazenove, he was a fund manager and chairman of the UK model portfolio committee at M&G and before that he managed UK Equity mandates at Gartmore and Lloyds Investment Managers. David has BA in History from Durham University and an MBA from Cranfield School of Management.