ISIS, the new retail investment brand of Friends Ivory and Sime, has launched the UK Dynamic Fu...
ISIS, the new retail investment brand of Friends Ivory and Sime, has launched the UK Dynamic Fund, which it says should appeal to IFAs seeking a true dynamic fund because of its differentiated approach.
The fund is aimed at investors wishing to take a heightened risk for high returns. It invests in a concentrated portfolio of around 40 UK equities and some of the initial holdings may include Innogy, Exel, iSoft, Reckitt Benckiser, Bloomsbury Publishing, Prudential, Bunzl, Turbo Genset and International Power.
Lead manager of the fund Rodger McNair and director of UK equities commented: "Given the current backdrop of global macro economic uncertainty and the equity market volatility that is normally associated with this, we believe that with the ISIS UK Dynamic fund we ere ideally placed to turn this to our advantage given our stock picking and highly active approach."
The fund is available for a minimum investment of £1000 and lump sums of £500 or higher, or for regular investment from £50 a month and is available for ISA and PEP transfers. There is an initial charge of 4.75% and an annual management charge of 1.5%. Commission payable is 3% initial and 0.5% renewal.
The fund also aims to be a top quartile fund in the UK all companies sector over rolling three year periods.
For more information call 08457 992299 between 9am and 5pm Monday to Friday.
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