|Bid Price||-||Offer Price||-|
|Mid Price||GBX 112.40||Day Change||GBX -0.30 (-0.27%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.90 %|
|Total Expense Ratio||1.40||Fund Size||422,429,983.07|
|Launch Date||28/06/1990||Standard Initial Charge (%)||5.50|
|Annual Management Charge (%)||1.25||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.40|
|ISIN||GB0031903395||Min TopUp (£)||100.00|
To give an income with some potential for long-term capital growth by mainly investing in funds which are currently and/or which have been managed or operated within the Lloyds Banking Group. The Portfolio will invest mainly in fixed interest security funds (including a limited proportion in index-linked securities) with a significant proportion in equity funds. Exposure will be mainly to UK investments but with a significant proportion overseas. Following the acquisition of Scottish Widows Investment Partnership Limited by Aberdeen Asset Management PLC on 31/03/2014, the Fund will continue to invest in funds which had been managed or operated by entities which were within the Lloyds Banking Group immediately prior to the acquisition, but which are now managed or operated by entities within the Aberdeen Asset Management Group.
Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.