Quick Stats

Bid Price - Offer Price -
Mid Price GBX 465.81 Day Change GBX -0.58 (-0.12%)
Price Date 16 Oct 2017 Crown Rating 4
Shares Class Inc. Yield 1.70 %
Total Expense Ratio 1.47 Fund Size 126,440,867.25
Launch Date 12/05/2003 Standard Initial Charge (%) 3.75
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.25 Sector IMA UK Equity Income
Min Investment (£) 2,000.00 Total Expense Ratio (%) 1.47
ISIN GB00B02QB917 Min TopUp (£) 1,000.00

Fund Objective

The aim of the Fund is to grow the amount you invested. At least two-thirds of the Funds assets will be in long and short positions in UK companies or companies that have significant operations there. The Fund invests directly in shares or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices). The Funds investment approach means it will typically hold a small number of investments compared with other funds. The Fund may also invest in asset classes and instruments different from those stated above. A Performance Fee of 20% is accrued daily. The share price will be adjusted up or down depending on whether the fund has generated more or less return than the FTSE All Share.

Fund Managers

Chris Kinder
Chris Kinder joined the company in 2010 as a portfolio manager in the UK equities team. His main responsibilities are the management of the Threadneedle UK Fund and Threadneedle UK Extended Alpha Fund, the co-management of the Threadneedle UK Absolute Alpha Fund and the co-management of the Threadneedle Institutional Fund and a number of institutional portfolios. He also has research responsibility for the banks, life insurance and mining sectors.Before joining the company, Chris was an assistant fund manager at RWC Partners. He has also worked at Govett Investments, gaining experience in smaller companies’ analysis. Chris is a qualified chartered accountant, having worked at PricewaterhouseCoopers for 4 years before joining the investment management industry.Chris has a degree in Modern European Languages from Durham University and he also holds the Chartered Financial Analyst designation.