The Fund's investment objective is to provide long term capital growth by matching the capital performance of the S&P 500 Index.
US equities fell sharply in September. The S&P500 total return index fell 8.91% during the month. A key contributor to the month's performance was a deepening of the financial crisis and its impact on banks and insurers. The top performing sectors were consumer staples, financials and healthcare. Lagging sectors were materials, information technology and telecoms.
The broad economic and financial outlook is uncertain given the likely economic impact of the liquidity squeeze in credit markets. Falling commodity prices will assist interest rate cuts as the Federal Reserve looks to improve liquidity in credit markets.
Latest Price |
1,267.00p |
IMA Sector |
North America |
Currency |
British Pound |
Launch Date |
24/07/2012 |
Fund Size |
n/a |
Fund Manager |
Sinopia Asset Management (UK) Ltd |
ISIN |
GB0000470418 |
Dividend |
0.00p |