|Bid Price||-||Offer Price||-|
|Mid Price||GBX 171.40||Day Change||GBX +0.30 (0.18%)|
|Price Date||21 Jul 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.59 %|
|Total Expense Ratio||0.00||Fund Size||78,100,687.13|
|Launch Date||23/09/2014||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.65||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BJL58C49||Min TopUp (£)||1.50|
The Investment Objective of the Fund is to increase the value of your investment, through a combination of income and capital growth.The Fund will achieve its Investment Objective by investing in regulated collective investment schemes, as well as cash. These schemes (the ‘underlying funds’) will be selected according to our assessment of the performance and risk characteristics of the fund, the underlying fund manager’s investment process, and the strength of the management team. In addition the Fund may also invest in derivative instruments (including forward transactions) in order to achieve its investment objective.The underlying funds will predominantly invest in global equities and bonds, with global equities never exceeding 30% of the Fund. In addition underlying funds may be selected which invest in commercial property and commodities. Underlying funds may also be selected which aim to generate returns that are specified in fixed percentage terms, or which have return targets relative to cash. Funds that are managed passively (for example to track a particular stock market index) may also be selected.
Tom Caddick, Head of Global Multi Asset Solutions, joined Santander Asset Management in early 2011 and has overall department responsibility, heading a team of over 26 investment professionals across four locations with in excess of 21 billion asset under management and the same again under advice. Tom has over 18 years’ fund management experience and was previously Head of Multi Manager and Fund Selection at LV=Asset Management. Before joining LV, Tom was a Fund Manager at F&C Asset Management. Tom holds a BA (Hons) degree in Accounting and Finance.
Toby joined Santander Asset Management in January 2011 and is head of Fund Management within the Global Multi Asset Solutions. Before joining Santander AM, Toby worked at LV=Asset Management as a senior multi-asset portfolio manager and previously at F&C Asset Management as a Director of Asset Allocation. Toby has 15 years’ experience in fund management and focusing on managing multi-asset portfolios. He holds a BA (Hons) in Economics & Management Studies and is a CFA charterholder.