|Bid Price||-||Offer Price||-|
|Mid Price||GBX 160.51||Day Change||GBX +0.71 (0.44%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.15 %|
|Total Expense Ratio||0.00||Fund Size||76,138,900.00|
|Launch Date||09/05/2005||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||3,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B0846N80||Min TopUp (£)||200,000.00|
The Fund aims for long term capital growth, this is generally regarded as 5 years or more.
Investec Asset Management
As one of South Africa's largest asset managers, Investec has enjoyed above average returns in both the equity and bond markets. With the benefit of being part of a global asset management company, the local operation leverages off skills and information from their offshore business. The portfolio manager for the fund is Malcolm Charles. Malcolm heads up fixed income dealing at Investec Asset Management. He is part of a fairly large fixed interest team (by South African standards) that utilises a wide variety of different sources of returns. The returns on the Galaxy Fixed Interest Fund assets are expected to be similar to those for the Investec Opportunity Income Fund.