|Bid Price||-||Offer Price||-|
|Mid Price||GBX 162.00||Day Change||GBX -0.30 (-0.18%)|
|Price Date||14 Dec 2018||Crown Rating|
|Shares Class||Inc.||Yield||2.11 %|
|Total Expense Ratio||0.00||Fund Size||124,762,505.35|
|Launch Date||23/09/2014||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.50||Sector||Mixed Investment 20-60% Shares|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BVDPJ344||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.
Renzo Desbordes, Global Multi Manager Portfolio Strategist, has thirteen years’ experience in fund management. He joined Santander Asset Management UK in September 2011. Prior to joining the business, Renzo was at Investec Asset Management in the Global Equity Team as an analyst where he was involved in the development and back testing of the equity investment process. Renzo started his career at Fidelity on the European Graduate Scheme where, for two years, he split his time between London and Milan. He has a M.A. in Financial Engineering from the University of Nice. He is also a CFA Charterholder.
Stefano Amato is a Head of Multi Asset Solutions at Santander Asset Management UK, after joining in September 2017 to initially focus on Asset Allocation and Total Return mandates. Prior to this, he was a Portfolio Manager at J.P. Morgan Asset Management in London, where Stefano was part of the Endowments and Foundations Group and was responsible for managing institutional portfolios including asset allocation, portfolio construction, manager selection, risk management and client communications. Prior to J.P. Morgan, Mr Amato was Head of Portfolio Management at Centurion Portfolio Managers – a UK-based multi-family office – where he focused on building and managing multi asset portfolios focused on long-term returns. Stefano has 13 years’ experience in investments spanning both sell-side and buy-side experience, having started his career with roles in equity derivatives at Lehman Brothers and Societe Generale. Mr Amato holds a MSc in Finance from London Business School, along with a Masters in Behavioural Economics and a BA in Communication Sciences and Technologies from IULM University in Milan, Italy.