MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to deliver a gross income of 3.5% p.a. above UK 3 month LIBOR (the target benchmark) before the deduction of corporation tax, whilst aiming to preserve capital in all market conditions over a rolling 3 year period. The Fund aims to achieve this with less than half the volatility (a measure of the size of short term changes in the value of an investment) of global equities, as measured by the MSCI World 100% hedged to GBP index, net total return (the constraining benchmark), over the same rolling 3 year period. There is no guarantee that the Fund will achieve these aims and an investor may not get back the full amount invested, as capital is at risk. Corporation tax (currently 20%) is payable on some of the Fund's income. The impact of corporation tax will mean that the income received by investors may be up to 20% less than the actual income generated by the Fund. The Fund is actively managed and seeks to combine a wide range of investment ideas in a diversified portfolio. The Fund uses a range of investment strategies and techniques to invest in a broad selection of asset classes across all economic sectors worldwide. These asset classes include shares of companies, debt securities (both corporate and government) cash, warrants, collective investment schemes (including exchange traded funds and funds managed by Invesco) and money market instruments. The Fund may gain exposure to commodities through the use of derivatives and other instruments such as exchange traded commodities. The strategies make significant use of derivatives (complex instruments) for investment purposes and to reduce risk, reduce cost and/or generate additional capital or income. The reference to (UK) in the Fund name only relates to the Fund’s domicile and is unrelated to the Fund’s objectives and investment policy. You can buy, sell and switch shares in the Fund on any Dealing Day (as defined in the Prospectus).

Fund Managers

Sebastian MacKay

Sebastian joined Invesco in August 2016 and serves as a fund manager for the Henley Investment Centre's Multi Asset team.He began his career at Scottish Widows Investment Partnership in 2000, where he was a senior economist for the Fixed Interest team prior to joining the Aggregate Bonds team as an investment director. In 2011, Sebastian moved to Standard Life Investments, where he was an investment director for the Fixed Income team, before joining the Multi-Asset Investing team in 2014. Sebastian holds an MA (Hons) in Economics from the University of Edinburgh and an MSc in Financial Economics from the University of London, School of Oriental and African Studies.

Richard Batty

Based in Henley-on Thames, Richard joined the company in March 2013, and serves as a fund manager within the Multi Asset team. Previously, he had worked at Standard Life Investments since 2003 where he was the Global Investment Strategist in their Strategy team which is now part of Standard Life’s Multi Asset investment team, gaining additional responsibilities for Global Tactical Asset Allocation in 2012. Prior to joining Standard Life Investments, he began his investment career at James Capel/HSBC as an equity strategist in 1995. During this part of his career, Richard became a highly-rated, senior member of its industry renowned Economics and Strategy group. In 1994, he was awarded a PhD in Financial Economics from Brunel University, where he was a part-time research assistant and taught both graduate and undergraduate students.

Gwilym Satchell

Based in Henley-on-Thames, Gwilym joined the company in March 2013. He served as a Risk Manager for the Multi Asset team, prior to being promoted to the role of Fund Manager. Gwilym commenced his career in 2008 at Standard Life Investments, where he was involved in Multi-Asset Investing risk management, in particular the development of scenario analysis techniques. In addition, he was responsible for managing a range of liability-driven investment (LDI) funds. Gwilym holds the PRM™ designation which is an independent validation of skills and commitment to the highest standard of professionalism, integrity, and best practices within the risk management profession. He graduated from Warwick University in 2005 with a degree in Computer Science, and gained a Masters degree at the University of Edinburgh Business School in 2008.

Georgina Taylor

Georgina is a Fund Manager within the Henley Investment Centre's Multi Asset team. Georgina joined our company in June 2013 as a Product Director and then went on to become Research Director in 2016. Georgina commenced her career with HSBC in 2001 as an Equity Strategist. She went on to join the Equity Strategy team at Goldman Sachs in 2004 where she wrote global equity and asset allocation research. Georgina gained asset management experience at Legal & General Investment Management, contributing to the overall asset allocation outlook for the firm and multi asset funds. Before joining Invesco Georgina was head of Equity Strategy, EMEA, at State Street Global Markets, producing and presenting on asset allocation and equity research. Georgina holds a BSc (Hons) in Economics from the University of Bath.