|Bid Price||-||Offer Price||-|
|Mid Price||GBX 353.80||Day Change||GBX -2.10 (-0.59%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.73 %|
|Total Expense Ratio||0.00||Fund Size||489,012,100.00|
|Launch Date||06/05/1997||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB0007870131||Min TopUp (£)||20,000.00|
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of UK companies. The fund has no bias to any particular industry or size of company.The fund has a focus on high conviction stock ideas to add value over the long term. We are long-term investors and avoid market 'fashions', having the confidence to go against popular opinion when necessary. Stock selection is key to our approach. The greatest price inefficiencies lie at the stock level, where share prices appear low relative to their long-term profit potential. We are prepared to be patient if we believe in a company's fundamentals and typically have a holding period of three yearsThe fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently.
Manager of Prime UK Equity portfolios, based in London. Investment career commenced on joining Schroders in 1989 as a UK Equity fund manager Chairman of Schroders’ UK Corporate Governance Committee Chartered Accountant Degree in Mathematics, Durham University .