UK Equity Impact - Employment Opportunities Fund Institutional S Acc

Institutional S Accumulation ISIN: GB00BZC0J506

Price
49.61
Daily change
Up 0.28p (0.57%)
Yield
1.83%
Change date
22/02/2019

Introduction

The objective of the Fund is to generate a return over the long term by investing primarily in equities and equity-related investments of companies which promote and implement good employment opportunities and practices. It will invest in a concentrated portfolio of companies incorporated or domiciled in the UK, or have significant assets or derive significant revenues or profits from UK operations, which have the potential to generate a return over the long term and create a positive measurable impact by the promotion or implementation of good employment opportunities and practices.The impact criteria will typically include paying above average wage rates, being located in deprived areas, offering training opportunities and / or employing young people with the majority of these being in the UK. The fund is actively managed by our investment team, who will select stocks, without reference to index weight or size, to try to take advantage of opportunities they have identified. Due to the concentrated nature of the fund investors must be willing to accept a relatively high degree of stock specific risk.The impact criteria applicable to the Fund are set out in an Impact Policy available from the ACD and may be amended from time to time as considered necessary. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.

Risk and Reward Profile

Lower Risk

Typically lower rewards

Higher Risk

Typically higher rewards

1234567

This indicator reflects the volatility of the fund's share price over the last five years, which in turn reflects the volatility of the underlying assets in which the fund invests. Historical data may not be a reliable indication for the future. Further information can be found in this fund's Key Investor Information Document.

Fund management

Lesley Duncan

In her role as Fund Manager on our UK equities desk, Lesley handles the UK media sector. In May 2004, she took over responsibility for managing our UK Ethical OEIC, as well as the Life and Pension Ethical Funds. She also manages two cautiously managed structured funds. Lesley worked at Bothwell Asset Management as Trainee Analyst before joining Standard Life in 1995 as Trainee Investment Analyst on the UK desk. She holds a BA (Hons) in Business Economics and Finance.

Performance

Fund performance (on a bid to bid basis)

Powered by data from FE

Fund performance & returns (figures updated on a quarterly basis)

(on a bid to bid basis)
Fund performance
Sector performance
 1 month*6 months*1 year*3 years*5 years*
Fund performance
Sector performance

Past performance is not a guarantee of future returns. The value of investments may go down as well as up and you may receive back less than you invested. Your capital and income is not guaranteed.

* Values to -

** n/a indicates that fund performance information is not available for this period due to the date the fund was launched.

"FTSE" is a trademark jointly owned by the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited ("FTSE") under licence. All rights in the FTSE indices vest in FTSE. FTSE does not sponsor, endorse, or promote this or any other financial product.

In depth

Investment objective

The objective of the Fund is to generate a return over the long term by investing primarily in equities and equity-related investments of companies which promote and implement good employment opportunities and practices. It will invest in a concentrated portfolio of companies incorporated or domiciled in the UK, or have significant assets or derive significant revenues or profits from UK operations, which have the potential to generate a return over the long term and create a positive measurable impact by the promotion or implementation of good employment opportunities and practices.The impact criteria will typically include paying above average wage rates, being located in deprived areas, offering training opportunities and / or employing young people with the majority of these being in the UK. The fund is actively managed by our investment team, who will select stocks, without reference to index weight or size, to try to take advantage of opportunities they have identified. Due to the concentrated nature of the fund investors must be willing to accept a relatively high degree of stock specific risk.The impact criteria applicable to the Fund are set out in an Impact Policy available from the ACD and may be amended from time to time as considered necessary. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.

Key information

ManagerLesley Duncan
Launch date01 Feb 2018
IA sectorNA
BenchmarkNA
Share type availableAccumulation
Available as an ISA yes
Reporting dates30  Apr, 31  Oct
Distribution dates28  Feb, 30  Jun
Codes
ISIN:
GB00BZC0J506
Citicode:
NDWN
SEDOL:
BZC0J50
Mex ID:
STXYM
Charges (%)
Initial charge:
0.00
Annual management charge:
0.500
Risk and Reward4
Min value of holdings
Min holding:
£150,000,000
Min initial investment:
£150,000,000
Min regular investment:
£150,000,000
Min withdrawal:
£150,000,000

Performance

Fund performance (on a bid to bid basis)

Powered by data from FE

Fund performance & returns (figures updated on a quarterly basis)

(on a bid to bid basis)
Fund performance
Sector performance
 1 month*6 months*1 year*3 years*5 years*
Fund performance
Sector performance

Past performance is not a guarantee of future returns. The value of investments may go down as well as up and you may receive back less than you invested. Your capital and income is not guaranteed.

* Values to -

** n/a indicates that fund performance information is not available for this period due to the date the fund was launched.

"FTSE" is a trademark jointly owned by the London Stock Exchange Plc and The Financial Times Limited and is used by FTSE International Limited ("FTSE") under licence. All rights in the FTSE indices vest in FTSE. FTSE does not sponsor, endorse, or promote this or any other financial product.

Fund price detailsDownload
DatePrice

The value of an investment can fall as well as rise and is not guaranteed - you may get back less than you put in. Past performance is not a guide to future performance.

These historic unit prices are provided by FE, and are for information purposes only. Standard Life Investments is not responsible for the accuracy or completeness of information supplied by FE.

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