Quick Stats

Bid Price - Offer Price -
Mid Price USD 96.45 Day Change USD +-0.43 (0.03%)
Price Date 14 Apr 2016 Crown Rating
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.00 Fund Size 4,740,897.51
Launch Date 04/12/2013 Standard Initial Charge (%) 0.00
Currency USD ISA Eligible No
Annual Management Charge (%) 1.75 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BFDTFL41 Min TopUp (£) 50,000.00

Fund Objective

The Fund aims to generate positive capital returns by investing primarily in a concentrated portfolio (typically 20-50 holdings) of long and short positions that give exposure to securities listed on US stock exchanges. Exposure may be achieved both through direct physical holdings and through the use of financial derivatives and forward transactions. The fund may also invest in other transferable securities not listed on US stock exchanges, money market instruments, derivatives and forward transactions, cash and near cash. Derivatives and forward transactions may be used to achieve the investment objective and for the purposes of Efficient Portfolio Management (EPM).