IFSL Brooks Macdonald Defensive Inc
|Bid Price||-||Offer Price||-|
|Mid Price||USX 105.90||Day Change||USX +0.00 (0.50%)|
|Price Date||21 Apr 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.63 %|
|Total Expense Ratio||0.00||Fund Size||37,468,500.00|
|Launch Date||20/12/2004||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BVCX4J06||Min TopUp (£)||1,000.00|
The fund is actively managed and invests primarily in fixed interest, as well as defensive equities and alternative assets. The fund aims to generate income over the long term. It invests in a variety of collective investment schemes to provide an overall defensive mix of income generating assets, and may also invest in transferable securities, money market instruments, exchange-traded funds, cash, and cash deposits.
Jonathan joined Brooks Macdonald in 2001 and manages bespoke discretionary portfolios on behalf of a range of clients. He is the lead manager of our Managed Portfolio Service, Multi-Asset Fund range and Levitas Funds. He is also a member of our asset allocation committee. Jonathan is a Chartered Member of the Chartered Institute for Securities & Investment (Chartered MCSI). Jonathan sits on our fixed interest research team.