|Bid Price||GBX 105.10||Offer Price||GBX 110.40|
|Mid Price||-||Day Change||GBX -0.10 (-0.10%)|
|Price Date||21 Feb 2020||Crown Rating|
|Shares Class||Acc.||Yield||0.05 %|
|Last Ex-Dividend Date||01 October 2019||Dividend Frequency||Quarterly|
|Sector||UK Index Linked Gilts||Fund Size||174,994,470.00|
|Launch Date||10/04/2012||Standard Initial Charge||5.00%|
|Ongoing cost||1.17%||Annual Management Charge||1.12%|
The investment objective of the fund is to provide a combination of growth and income. The fund aims to replicate the FTSE Custom UK Index-linked Gilts Composite (50% FTSE Actuaries UK Index-linked Gilts up to 5 Years Index and 50% FTSE Actuaries UK Index-linked Gilts 5-15 Years Index) Index (the “Index”). The performance of the fund before permitted fees and charges, is intended to correspond closely to that of the Index. The fund will adopt a full replication strategy by investing substantially all of its assets in the same constituent securities of the Index with substantially the same weighting. The fund may also invest in other, non-UK, highly rated government backed index linked securities, and is also permitted to invest in other types of transferable securities, units and/or shares in collective investment schemes, money market instruments, cash and near cash, and deposits. The Scheme is permitted to invest in derivatives and forward transactions for the purposes of efficient portfolio management and hedging.
Francis Rayner, Vice President, is a member of BlackRock's Fixed Income Portfolio Solutions group. His service with the firm dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to joining BGI, he spent six years working for Prudential M&G and International Financial Data Services as a client relationship manager. Francis earned a BSc in Mathematics from Lancaster University in 1999 and holds the CharteredInstitute for Securities & Investment Diploma.
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