Architas MA Passive Moderate S Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 114.70||Day Change||GBX +0.50 (0.44%)|
|Price Date||17 Jan 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.71 %|
|Total Expense Ratio||0.00||Fund Size||363,936,300.00|
|Launch Date||05/11/2008||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BWWCYX80||Min TopUp (£)||500.00|
The investment objective of the Fund is to seek to achieve a return for investors over the medium to long term based on a combination of capital growth and income and with a below median volatility level through exposure to a diversified range of asset classes. The assets which the Fund invests in, such as collective investment schemes, will predominantly be of a passive nature. Assets of a ‘passive nature’ are financial instruments that track investment indices. The Fund may also invest in transferable securities, money market instruments, warrants, deposits, derivative instruments and, or indirectly through, collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings and hedging. The Fund may use derivatives for investment purposes as well as for Efficient Portfolio Management.
Steve manages the risk-profiled Architas Multi-Asset Passive range of funds and is responsible for research of the wider passive fund market and for oversight of the various passive offerings available to AXA’s UK and European clients. In addition, he researches a variety of other areas including the IMA managed fund sectors and the European flexible fund universe. Steve joined Architas in 2008 from Winterthur Life where he managed the Investment Technical Support Team. His 27 years of investment experience has been gained from a variety of areas including 15 years working for Morgan Stanley, where he was an Executive Director in their Institutional Equities division. Steve holds the Chartered Institute of Securities’s Commodity and Derivatives and Securities & Financial Derivatives Representative exams and also the IMC.