|Bid Price||GBX 234.00||Offer Price||GBX 237.60|
|Mid Price||-||Day Change||GBX -0.70 (-0.30%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||4.21 %|
|Total Expense Ratio||1.53||Fund Size||391,042,851.30|
|Launch Date||25/09/1989||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.53|
|ISIN||GB0001598050||Min TopUp (£)||500.00|
A UK fund including investment grade fixed income exposure and a focused equity portfolio comprising stocks with above average income prospects and capital growth. The investment aim of the Fund is to provide first quartile performance over a rolling three-year period measured against the UK Equity & Bond Income sector. The Fund aims to achieve a total return comprising an equity capital return exceeding that of the FTSE All-Share Index, and a yield at least 20% greater than the FTSE All-Share Index. This will be achieved through investing in an equity portfolio and a range of fixed interest securities.
Joe currently manages a number of institutional mandates, having previously managed the CIS UK Growth Trust for over 10 years. Prior to that he managed the CIS UK Income with Growth Trust for over nine years, during which time it was awarded the best performing Fund in the UK Equity with Bond sector for the 5 years to December 1998. Joe has over 20 years of industry experience and previously held roles as an investment analyst covering a number of consumer sectors, such as general retail, beverages and tobacco, both at The Co-operative Asset Management and as a regional stockbroker. He qualified as an Associate Member of the Society of Investment Analysts in 1993 and is an ongoing Associate of the CFA, UK.