|Bid Price||-||Offer Price||-|
|Mid Price||GBX 125.13||Day Change||GBX +0.14 (0.11%)|
|Price Date||15 Nov 2013||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.88||Fund Size||37,198,273.93|
|Launch Date||07/04/2006||Standard Initial Charge (%)||3.75|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||0.00||Total Expense Ratio (%)||1.88|
|ISIN||GB00B0Z6TY94||Min TopUp (£)||0.00|
The investment objective of the fund is to provide investors with an excess return compared to other investments with similar risk, while seeking to maintain capital over the longer term. The fund will comprise of a mixture of income generating assets such as dividend paying equities and assets with a scope for capital growth in real terms. Equities from emerging markets and non investment grade bonds such as high yield bonds and emerging market debt instruments may occasionally account for up to 45% of the portfolio.
The Investment are determined by Danske Capital's solution team, which consists of approximately 10 experienced managers and analysts. Chief Portfolio Manager Jens Moos is responsible for the portfolio's investments (asset allocation). Jens is part of the solutions team, the tactical asset allocation team and is responsible for a number of balanced mandates. He holds an MSc (math. & econ.) from the University of Copenhagen and has more than 15 years of experience with portfolio management. He has teaching experience as an external lector at the University of Copenhagen.