|Bid Price||-||Offer Price||-|
|Mid Price||GBX 173.30||Day Change||GBX -0.40 (-0.23%)|
|Price Date||27 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.60 %|
|Total Expense Ratio||1.07||Fund Size||53,717,852.69|
|Launch Date||26/03/1999||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||1.07|
|ISIN||GB0032764119||Min TopUp (£)||250.00|
The objective of the Scheme is to achieve a stable and high level of regular income with the potential for capital growth.The Scheme will invest primarily in low and medium risk corporate bonds. In addition the Scheme may invest in a wide range of other fixed interest investments including gilts, other government stocks, convertibles and preference shares both in the UK and internationally.
David Scammell, Senior Sovereign Bond Fund Manager at Santander Asset Management, has more than 20 years’ experience in fund management, specifically running euro, sterling and dollar government bond portfolios and strategies. He has previously worked at a number of major independent asset management companies, such as Schroders and Foreign & Colonial, and leading European central banks, including the Bank of England and the Bank for International Settlements. In his current role, David plays a principle part in the decision making process for euro and sterling interest rate and country investments. He is also the lead manager of the Santander Asset Management Government Bond Fund and the Santander Asset Management Investment Income Portfolio.