Unicorn UK Ethical Income B Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 116.10||Day Change||GBX +0.35 (0.30%)|
|Price Date||26 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.12 %|
|Total Expense Ratio||0.00||Fund Size||7,379,322.72|
|Launch Date||01/04/2016||Standard Initial Charge (%)||2.50|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYP2Y515||Min TopUp (£)||1,000.00|
The Unicorn UK Ethical Income Fund aims to achieve an historic yield in excess of 110% of the FTSE All Share yield, over a 3 year period, by investing primarily in UK companies which meet the ACD’s ethical guidelines. For this purpose, UK companies are treated as those which are incorporated or domiciled in the UK, or derive a significant amount of their business from the UK. Selection of such ethical equities will be undertaken on the basis of thorough company analysis, with ethical and socially responsible criteria reviewed at the point of investment and quarterly thereafter.
Fraser is co-manager of Unicorn UK Income Fund and Acorn Income Fund and lead manager of Unicorn UK Growth Fund. Fraser joined Unicorn in 2008 having previously held positions with F&C Asset Management and Geoghegan & Co Chartered Accountants. He graduated from the University of St Andrews in 2003 with a degree in Economics and Management and is also a Fellow of the Association of Chartered Certified Accountants.