|Bid Price||-||Offer Price||-|
|Mid Price||GBX 135.20||Day Change||GBX +0.10 (0.07%)|
|Price Date||19 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.81 %|
|Total Expense Ratio||2.17||Fund Size||33,000,000.00|
|Launch Date||12/10/2010||Standard Initial Charge (%)||1.50|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||2.17|
|ISIN||GB00B4PBKG10||Min TopUp (£)||0.00|
The primary objective of the Sub-fund is to generate a return in excess of cash (measured by the Bank of England base rate) and to beat inflation (as measured by CPI) with a target volatility of no more than 2/3rd of the IA UK All Companies Sector volatility over a rolling 3 year period irrespective of market conditions. Your capital is at risk and there is no guarantee that a positive return will be obtained over the rolling 3 year period, or any other time period. The intention is for the Sub-fund to be invested in a broad range of investments including transferable securities, money market instruments, investment trusts, regulated and unregulated collective investments schemes, gold, cash and derivatives for the purpose of efficient portfolio management.
David Cooke is an investment manager and sits on the Investment Committee, joining Saltus in 2010. Prior to then he worked for a number of institutions including Goldman Sachs. He has extensive experience in investment strategy and managing global equities.
Simon Armstrong is an investment manager and sits on the Investment Committee. Prior to co-founding Saltus in 2004, he worked at Goldman Sachs. He has extensive experience in equities, fixed income, currency and macro strategies.