Old Mutual Generation Target 5 R In

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 52.92 Day Change GBX +0.21 (0.40%)
Price Date 7 Dec 2016 Crown Rating
Shares Class Inc. Yield 2.53 %
Total Expense Ratio 0.00 Fund Size 11,010,265.98
Launch Date 01/10/2015 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.60 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BYRGS827 Min TopUp (£) 1,500,000.00

Fund Objective

The Fund aims to achieve an annual return of 5% above the UK rate of inflation over the medium term through a combination of the returns on income and capital by gaining exposure to a range of asset classes. Notwithstanding the fact that the Fund aims to achieve an 'annual' return over rolling 5 year periods, any capital is in fact at risk and there is no guarantee that such return will be guaranteed over that time period or within another time period.

Fund Managers

Paul Craig
Paul Craig joined Henderson following the acquisition of New Star Asset Management and brings with him 20 years of experience in the industry. He started his financial career at Chase Manhattan International as a Fund Administrator before moving to LTCB International as a Traders Assistant and then Exeter Investment Group as a Fund Manager of funds of closed-end funds. He went on to New Star specialising in managing funds of closed-end-funds.