|Bid Price||-||Offer Price||-|
|Mid Price||GBX 162.31||Day Change||GBX +0.02 (0.01%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||2.55||Fund Size||204,300,000.00|
|Launch Date||13/12/1999||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||2.55|
|ISIN||GB00B02TSH75||Min TopUp (£)||500.00|
The aim of the fund is to provide capital growth over the medium-to-long term and to outperform The Investment Association (IA) Global sector mean over rolling three-year periods. The fund invests predominantly in equities, largely via underlying Regulated Collective Investment Schemes, which are themselves invested in UK and international equity markets. A secondary but important objective is to achieve a return equivalent to that of UK consumer price index (CPI) plus 5% per annum over a market cycle.
A Warwick University mathematics graduate with over a decade of experience in the fund management industry. He has worked with the T. Bailey Funds since 2000 having previously been an ACA with Deloitte and is currently Joint Fund Manager.
Peter Askew has led global fixed income teams at T. Rowe Price, Flemings and JP Morgan. Over the past decade he has held senior roles at a fund of hedge funds and Standard Life Investments. In 2008 he joined multi-family office Salisbury Partners LLP. In 2011 he launched his own consultancy advising asset management businesses while continuing in his role with Salisbury Partners.