Fund Objective

There is no fund objective available from this fund manager.

View on Past Performance

The third estimate of Gross Domestic Product for the fourth quarter of 2002 showed the economy growing in line with its historic trend over the year as whole. Although inflation rose over the quarter, the Bank of England surprised investors with a 0.25 percentage points cut in short-term interest rates, citing weaker global and domestic demand prospects, and the temporary nature of inflationary pressures. Against this background, index-linked gilt yields fell over the quarter.

Fund Details