|Bid Price||-||Offer Price||-|
|Mid Price||GBX 101.80||Day Change||GBX +0.10 (0.10%)|
|Price Date||21 Jul 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.46 %|
|Total Expense Ratio||0.00||Fund Size||358,019,740.46|
|Launch Date||07/12/2015||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.20||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYQTH296||Min TopUp (£)||50,000.00|
The investment objective of the Fund is to provide a return from a combination of income and capital growth by investing in a diversified portfolio of investment grade short dated bonds. The Fund will seek to outperform its benchmark, ML 1-5 year Sterling Non-Gilt All Stocks Index, by 0.25% per annum over rolling three year periods.
Paola Binns is a Senior Fund Manager within the Fixed Income team. She joined Royal London in 2007 from Credit Suisse Asset Management and has over 20 years' investment experience.
Richard Nelson is a Fund Manager within the Fixed Income team. He joined Royal London in 2013, as part of the Co-op Asset Management acquisition, and has 18 years' investment experience.