Quick Stats

Bid Price - Offer Price -
Mid Price GBX 351.00 Day Change GBX +1.90 (0.54%)
Price Date 17 Nov 2017 Crown Rating 1
Shares Class Inc. Yield 0.51 %
Total Expense Ratio 1.55 Fund Size 163,500,000.00
Launch Date 03/11/1998 Standard Initial Charge (%) 6.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 1.55
ISIN GB0032585050 Min TopUp (£) 0.00

Fund Objective

The objective of the fund is to provide long term capital growth through investment principally in UK and international equities. The fund may also invest in warrants, deposits, approved money market instruments, collective investment schemes, derivative instruments and forward transactions. The investment team will maintain a diverse asset mix at country, sector and stock level, with the regional, country and sector weightings within the portfolio being a by-product of the underlying stock exposure. Their primary focus is on stock selection to try to take advantage of opportunities they have identified. Due to the unconstrained nature of the fund investors must be willing to accept a relatively high degree of stock specific risk. It will invest in companies of all sizes (eg small, medium and large companies) and in any industry (eg pharmaceuticals, financials etc) with complete freedom to invest without reference to any benchmark or index. Additionally the fund will typically invest in fewer than 70 company shares and limit investment in other mutual funds to 10%. The value of investments within the fund can fall as well as rise and is not guaranteed - you may get back less than you pay in. The fund may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.

Fund Managers

Catriona Blackwell
Catriona joined Newton as a graduate trainee in 2006 after graduating from the University of Bristol with a BA Honours in History. Since then she has completed the Investment Management Certificate qualification and is Level 2 candidate in the Chartered Financial Analyst program. Since joining Newton Catriona has worked as part of the team looking after offshore and international clients and manages a variety of individual, company and trust portfolios.
Alexandra Dick
John Ewen