F&C Inflation Linked Annuity Conver
Latest (Mid) Price:
GBX 144.10
Day Change:
+0.77%
| Shares Class | Inc. |
|---|---|
| Yield | 0.90 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 73,454,300.00 | Launch Date | 08/06/2012 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 10,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B4RDZT30 | Min Topup (£) | 10,000.00 | Ongoing Charge (%) | 0.1400 (on 12/02/2016) |
Fund Objective
The Fund seeks to provide a total return and to match a benchmark based on inflation-linked annuity prices with the aim of reducing the annuity conversion risk for pre-retirement funds. The Fund will invest predominantly in gilts and inflation-linked gilts and use interest rate, inflation and gilt derivatives designed to reduce the impact of adverse changes in average annuity rates as a result of changes in interest and inflation rates. The Fund may also invest at the Manager's discretion in transferable securities, money market instruments, cash, near cash and other derivative instruments and forward transactions. Derivatives will be used for meeting the investment objective of the Fund as well as for efficient portfolio management purposes.
Fund Managers
Alex Soulsby
Alex Soulsby joined the Group in July 2006 and is Head of Liability Driven Investment. He has spent the last 9 years managing the LDI investments for pensions and insurance clients. Prior to joining, Alex worked at JP Morgan where he spent 8 years as an interest rate specialist, modelling exotic derivatives and subsequently structuring derivatives hedges for UK financial institutions. Alex has a BSc in Economics from LSE and a BA in Philosophy and Politics from the University of Durham.
Asset Breakdown
Region Breakdown
Sector Breakdown
Top 10 Holdings
| Name | Weight |
|---|---|
| TREASURY 0.75% IDX-LKD GILT 2 | 19.53% |
| TREASURY 0.125% IDX GILT 22/03 | 10.36% |
| TREASURY 0.5% IDX LKD GILT 22 | 8.80% |
| TREASURY 0.625% IDX-LKD GILT 2 | 8.35% |
| TREASURY 6% GILT 2028 | 5.80% |
| TREASURY 0.125% IDX LKD GILT 2 | 5.08% |
| TREASURY 4.5% GILT 7/9/2034 GB | 4.85% |
| TREASURY 3.25% GILT 22/01/44 G | 4.70% |
| TREASURY 1.25% IDX-LKD GILT 22 | 4.39% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
