Aviva Investors Manager of Managers Income

IMA Sector:

UK Equity & Bond Income

ISIN:

GB00B0846F07

Fund Type:

Unit Trust

 94.71p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 20-Jan-2012
  • Change: 0.000p
  • Change %: n/a
  • Currency: GBP
  • YTD change: 94.71p
  • YTD %: n/a

Fund Objective

There is no fund objective available from this fund manager.

View on Past Performance

Looking back over a turbulent summer we highlight two extraordinary,but related developments which we believe illustrate the unexpected way that the world is today and the direction it is heading.First was the joint offer of the China Development Bank and the Singaporean state sovereign fund to invest up to $20bn into the equity of Barclay's Bank,in order to assist the latter with its bid for ABN-AMRO.Next is the emergence in September of two Middle Eastern institutions as the largest shareholders in the London Stock Exchange,acquiring nearly 50% of its shares at a big premium to the market.What both demonstrate is the globalisation of financial markets and the financial services industry,with new pools of liquidity,arising in the East,looking to participate in the emergence of global champions.

Future Expectations

The lesson,we think,is that UK investors must continue to think big and expect further consolidation across many industries,not just banks (although the other notable event of the summer revealed that a number of British banks badly need to get bigger).

Fund Details

Latest Price 94.71p IMA Sector UK Equity & Bond Income
Currency British Pound Launch Date 23/05/2005
Fund Size n/a Fund Manager
ISIN GB00B0846F07 Dividend 1.52p
 

Price Info

Date 20-Jan-2012
NAV 94.71p
Currency GBP
Change 0.000p
% n/a
YTD change 94.71p
YTD % n/a

Fund Facts

Fund Inception 23/05/2005
Fund Manager n/a
TER 1.69 (28-Aug-2011)

Fund Reports

Minimum Investment
Initial n/a
Additional n/a
Savings n/a
Charges
Initial 4.25%
Annual Mang't 1.60%
Exit n/a

Risks

Name %
Standard deviation 0.01
Sharpe ratio 0.07

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