|Bid Price||-||Offer Price||-|
|Mid Price||GBX 160.70||Day Change||GBX +0.50 (0.31%)|
|Price Date||22 Aug 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.64 %|
|Total Expense Ratio||0.00||Fund Size||28,200,649.73|
|Launch Date||03/11/2014||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||GB00BJL58F79||Min TopUp (£)||1.50|
The Investment Objective of the Fund is to provide an above average level of monthly income along with some modest potential for capital growth.The Fund will achieve its Investment Objective by investing primarily in UK fixed interest securities and UK equities. The Fund may also hold international fixed interest investments, international equities, and cash deposits. The investment in equities will never exceed 30%. In addition the Fund may also invest in derivative instruments (including forward transactions) in order to achieve its investment objective. The Fund may increase the level of income in relation to the equity portion only by selling call options. The writing of such call options will increase the income but reduce the capital growth potentialNo more than 10% of the Fund’s assets can be invested in aggregate in units of other UCITS (as defined in the FCA Handbook) or other collective investment undertakings.
Graham Ashby, Manager of the Santander UK Growth, N&P UK Growth Funds and Santander Premium UK Equity Fund, has 24 years’ experience of equity fund investments and held several fund manager roles over this time. Prior to joining Santander Asset Management UK, Graham was Head of UK Equities at Ignis Asset Management. He is a bottom-up stock picker who invests across the market capitalisation spectrum, principally in companies with a proven track record of creating value for shareholders. He adopts a disciplined approach to portfolio construction with the aim of taking an appropriate level of risk to achieve outperformance targets. Prior to his role at Ignis, Graham held senior equity positions at LV=Asset Management and Credit Suisse Asset Management.
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.
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.
Mohamed Azim Meghji, Head of Fixed Income at Santander Asset Management UK, has 17 years’ experience in fund management. He joined Santander Asset Management UK in October 2011. Prior to joining, Azim worked at HSBC Global Asset Management where he had overall responsibility for all credit investment funds in London – this included Sterling, US and Global credit products for both retail and institutional clients. During his time at HSBC, Azim was also a member of various committees including the Global Strategic and Credit Committees as well as being the chair of the Global Credit Asset Allocation Committee. Prior to this, Azim was a Credit Research Analyst both in London and New York. He began his career with Deutsche Bank in 2000 as an analyst having just graduated with a First Class honours degree in Economics. He holds the IMC and SFA qualification and is also a CFA Charterholder.
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.