|Bid Price||-||Offer Price||-|
|Mid Price||GBX 154.20||Day Change||GBX -0.20 (-0.13%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.05 %|
|Total Expense Ratio||0.00||Fund Size||298,089,528.03|
|Launch Date||03/07/2009||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.30||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BSTLRC01||Min TopUp (£)||1.50|
The Fund aims to maximise returns by investing predominantly in interest bearing securities issued by the UK Government.The Fund may also invest in deposits, money market instruments, sovereign and sub sovereign bonds, investment grade corporate bonds, collective investment schemes, and derivative instruments (including forward transactions) in order to achieve its investment objective.
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.