|Bid Price||GBX 8,826.00||Offer Price||GBX 8,876.00|
|Mid Price||-||Day Change||GBX -12.00 (-0.14%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.48 %|
|Total Expense Ratio||0.00||Fund Size||1,970,932,900.00|
|Launch Date||31/05/1987||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB0007649196||Min TopUp (£)||500.00|
The fund's investment objective is to provide a growing income, predominantly from investment in UK equities. In seeking a yield higher than that offered by the major UK equity indices, the fund will invest primarily in above average yielding equities rather than fixed interest securities. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.