|Bid Price||GBX 116.30||Offer Price||GBX 116.30|
|Mid Price||-||Day Change||GBX -0.10 (-0.09%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.55 %|
|Total Expense Ratio||1.28||Fund Size||332,132,569.78|
|Launch Date||16/09/2002||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000,000.00||Total Expense Ratio (%)||1.28|
|ISIN||GB00B0882Q58||Min TopUp (£)||25,000.00|
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund will invest at least two-thirds of its assets in other funds managed or operated by companies in the Threadneedle group. These Funds may invest worldwide. The Fund will invest with a focus on bonds (which are similar to a loan and pay a fixed or variable interest rate), but will also invest in funds that invest in shares of companies in the UK or companies that have significant UK operations. Up to 20% of the Fund may be invested in funds that use derivatives for investment purposes. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. The Fund may also invest in asset classes and instruments different from those stated above.
Alex Lyle is Head of Managed Funds, EMEA. In this role he takes responsibility for a large number of the company’s managed funds, is a member of the Asset Allocation Committee and is a key investment contact between the company and a number of its major clients.He joined the company in 1994 and was appointed Joint Head of UK / European Equity teams in 1999 and became Head of Managed Funds in 2003.Alex started his career at Hambros Bank’s¹ Unit Trust Division, which was acquired by Allied Dunbar² in 1981 and subsequently became part of Threadneedle Asset Management Limited in 1994. He managed UK equity portfolios for more than 20 years. He has a degree in Geography from Oxford University.