|Bid Price||-||Offer Price||-|
|Mid Price||GBX 309.03||Day Change||GBX -0.07 (-0.02%)|
|Price Date||20 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||109,605,700.00|
|Launch Date||12/08/2016||Standard Initial Charge (%)||5.25|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||2,500,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BZB1R490||Min TopUp (£)||25,000.00|
The investment objective of the Fund is to achieve capital growth. The Fund seeks to achieve its objective by investing primarily in global equities (meaning the shares of companies established or listed anywhere in the world). The equities selected will be those that are believed, by the investment manager, to offer the prospect of superior long term growth. The Fund seeks to outperform the market over the medium term. The Fund may also be invested in transferable securities, units in collective investment schemes, (which from time to time may include those managed by the ACD or an Associate of the ACD), money-market instruments, cash and near cash and deposits. The fund may use derivatives and forward transactions for efficient portfolio management purposes, including protecting the Fund against the exposure to currency fluctuations.
Hugh is the CIO of Equities. Graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equity graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund and in March 2000 was promoted to Head of UK Equities at UBSGAM and Chairman of the UK Equity Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Diversified Growth strategy and co-manager of the Special Opportunities fund. Hugh joined River and Mercantile in August 2006. Hugh is CIO of the Equity team at River and Mercantile with overall responsibility for managing and developing the team. As a Fund Manager he will be focused on the UK High Alpha, Global High Alpha, Long Term Recovery and World Recovery strategies.