Quick Stats

Bid Price GBX 137.40 Offer Price GBX 138.80
Mid Price - Day Change GBX -0.10 (-0.07%)
Price Date 30 Jan 2015 Crown Rating 4
Shares Class Inc. Yield 3.08 %
Total Expense Ratio 0.66 Fund Size 72,306,600.00
Launch Date 15/12/1997 Standard Initial Charge (%) 1.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.50 Sector IMA UK Equity Income
Min Investment (£) 5,000.00 Total Expense Ratio (%) 0.66
ISIN GB0002308962 Min TopUp (£) 1,000.00

Fund Objective

The Diversified Charity Fund is a Common Investment Fund which aims to provide charity investors, over the longer term, with a growing income stream and capital growth sufficient to protect against inflation, by investing in a balanced and diversified portfolio of UK and international equities and bonds. From 22 April 2009, the Fund may invest in certain derivative instruments (for the purposes of efficient portfolio management to reduce risk or to reduce cost or both – including hedging and tactical asset allocation)

Fund Managers

Alan Custis
Alan Custis is a Portfolio Manager/Analyst on our UK Equity Team, responsible for managing UK equity portfolios. He joined Lazard Asset Management Limited in 2004 and his investment experience began in 1989. Prior to joining Lazard, Alan worked for JP MorganFleming for five years in a variety of UK roles including heading their mid-cap initiative and more recently as a member of the UK large cap team. Previously, he worked at Hill Samuel Asset Management where he was Head of Small Cap investment and at Morgan Grenfell Securities as a derivatives trader. Alan holds a Business degree with Honours from Staffordshire University in 1986.