|Bid Price||-||Offer Price||-|
|Mid Price||EUR 1.09||Day Change||EUR +-0.00 (0.28%)|
|Price Date||28 Feb 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.71||Fund Size||10,989,289.17|
|Launch Date||03/04/2006||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.65||Sector||IMA UK Equity Income|
|Min Investment (£)||750,000.00||Total Expense Ratio (%)||0.71|
|ISIN||GB00B672GZ73||Min TopUp (£)||0.00|
The aim of the Fund is to make a positive return for you over a rolling 12 month period notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies. The Funds assets will be in long and short positions in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments worldwide, currencies and, when appropriate, cash. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices). At times, the Fund may be concentrated in any one or a combination of these assets. Where the bonds are not priced in Euro, the Fund may take measures that aim to mitigate the risk of currency movements against the Euro.
Matthew Cobon joined the company in 2011 and is currently Head of Interest Rates and Currency, EMEA. He is the lead portfolio manager of Threadneedle’s absolute return bond funds (Threadneedle Absolute Return Bond Fund and Threadneedle Target Return Fund). Matthew also sits on the firm-wide Asset Allocation committee and helps to manage an absolute return multi-asset fund in conjunction with the company’s Multi- Asset team. Matthew’s investment focus is formulating and managing a broad portfolio of developed market and emerging market currencies with a view to generating a liquid uncorrelated alpha stream. Before joining the company, Matthew spent four years at Aberdeen Asset Management where he held the role of Head of Currency. Matthew’s FX market experience spans 17 years and has also included roles at Deutsche Asset Management and Citigroup Global Markets. Matthew obtained an Economics degree from the University of Warwick in 1996.