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THREADNEEDLE UK EXTENDED ALPHA C2 - Fund overview

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Overview of THREADNEEDLE UK EXTENDED ALPHA C2

This is a limited issue OEIC, with the initial subscription capped at £100m, further tranches may become availble to investors. The fund invests in a concentrated portfolio of UK equities but will also aggressively manage cash levels (up to 100%) and use FTSE derivatives to provide leverage and protection relative to the market. This is the first UK retail fund to take advantage of new regulations that permit longterm investments in cash and derivatives.

Standard Initial Charge

0.00% 0.00%

Fund summary

Sector	UK All Companies
Product type	OEIC
Launched	May, 2003
Size	£19m
Yield	1.4%
Charging basis	Income
Dividends paid	Acc units only.
Bid price	246.93p

Fund Charges

Standard Initial charge	0.00%
Initial charge via Bestinvest	0.00%
Additional bid/offer spread	0.00%
Annual management charge	0.75%
Total expense ratio	0.93%
Reduction in yield (10yr)	0.93%

Bestinvest says

No information available.

Portfolio

threadneedle uk extended alpha c2 asset allocation illustration

Allocation		Proportion

	Equity	97%
	High yield bonds	–
	Quality bonds	–
	Property	–
	Commodities	–
	Hedge	–
	Fund cash	3%

threadneedle uk extended alpha c2 equity geographic illustration

Allocation		Proportion

	UK	100%
	Europe	–
	Nth America	–
	Japan	–
	Pacific	–
	Other Equity	–

threadneedle uk extended alpha c2 equity capitalisation illustration

Allocation		Proportion

	Large Caps	66%
	Mid Caps	28%
	Small Caps	6%

View all performance data for THREADNEEDLE UK EXTENDED ALPHA C2

Investment process

The fund offers investors exposure to a focused, long only portfolio of UK equities; however cash holdings can also be aggressively managed (up to 100% of the fund in extreme market conditions) and may be supplemented by market derivatives, with the aim of achieving approximately 3% p.a. out performance relative to the All Share Index.
The fund will leverage off ideas drawn from Threadneedle's UK equity research department and the Threadneedle High Alpha Team, to construct a concentrated portfolio of equities. It is not allowed to short UK equities and will have a degree of commonality with long only positions in the Threadneedle UK Select Fund and the UK Crescendo Hedge Fund. Positions will only be taken in the highest conviction stocks which also offer sufficient liquidity. Although there are no market cap restrictions, the fund will usually invest in the FTSE top 200 companies. The launch will be a limited issue targeting an initial subscription of £100m. Further subscriptions may be available although these will be offered to existing holders first.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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