|Bid Price||-||Offer Price||-|
|Mid Price||GBX 111.33||Day Change||GBX -0.19 (-0.17%)|
|Price Date||19 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.12||Fund Size||56,320,100.00|
|Launch Date||28/03/2011||Standard Initial Charge (%)||7.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||50,000.00||Total Expense Ratio (%)||1.12|
|ISIN||GB00B3W13808||Min TopUp (£)||500.00|
The investment objective of the HC KB Enterprise Fixed Income Fund is primarily to produce returns by way of income with the possibility of capital growth with low volatility through a diversified portfolio of predominantly bonds and Government securities. The investment manager may also choose to hold equities, collective investment schemes, cash, money market instruments and other instruments listed on a Recognised Investment Exchange (such as, but not limited to, warrants, convertible preference shares and structured products) as the investment manager may consider appropriate in achieving the overall objective of the fund. The fund may use derivatives for investment purposes as well as for efficient portfolio management.
Mark Able is the latest portfolio manager and Fellow of the Chartered Institute for Securities & Investments to join the investment specialists at Close. Responsible for the day-to-day management of a portfolio of discretionary investment management accounts, he is involved with the ongoing structural and operational developments of Close's investment offerings. With 23 years experience in managing both private and institutional monies, and specialising in fixed income and mutual funds analysis selection together with various operational roles, Mark is well placed to support the Jersey business. Mark has held previous positions at Insinger de Beaufort, Ashburton and Dexia Private Bank.