Diversified Absolute Return Fund

Fund managerPaul Craig

Fund typeUnit trust

Fund aim
To achieve a positive absolute return from a portfolio of securities. The fund will invest in zero dividend preference shares, fixed interest securities, units in collective investment schemes, investment trusts, money market instruments, deposits and any other asset type deemed appropriate to meet the investment objective.

Fund facts (at 30 September 2008)
Fund size:	£78.08m
Launch date:	29.05.1991
IMA sector:	UK Zeros
XD date:	1 June
Distribution date/income allocation date:	31 July
SEDOL number(s):	B1GJNX1
Bloomberg code:	EXZEROI LN
Minimum lump sum:	£1,000
Minimum subsequent monthly payments:	£100
Regular payments (per month):	£100 (£50 per fund)
Initial charge:	5.00%
Annual charge:	1.20%