Quick Stats

Bid Price - Offer Price -
Mid Price GBX 140.60 Day Change GBX +0.10 (0.07%)
Price Date 20 Oct 2017 Crown Rating 1
Shares Class Inc. Yield 0.40 %
Total Expense Ratio 1.50 Fund Size 144,738,155.64
Launch Date 28/01/2002 Standard Initial Charge (%) 3.50
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.50
ISIN GB0031610123 Min TopUp (£) 100.00

Fund Objective

The fund aims to achieve long-term growth by investing mainly in multi-manager funds. The fund will invest at least 80% in fixed interest security funds (investing mainly in high quality fixed interest securities, including corporate bonds), with a low proportion in equity funds. The fixed interest security and equity funds will invest in UK and overseas markets. The multi-manager funds are currently provided by a subsidiary of Aberdeen Asset Management and by the Russell Investment Group. Exposure to the multi-manager funds is currently provided through the Scottish Widows Cautious Portfolio OEIC Fund although investment may be made through other unit-linked funds, collective investment schemes, or directly to meet the stated fund aims.

Fund Managers

Matthew Davies
Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Mark Henzell
Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.