Old Mutual UK Equity Income U2 Inc
|Bid Price||GBX 104.22||Offer Price||GBX 104.94|
|Mid Price||-||Day Change||GBX +0.51 (0.49%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||4.39 %|
|Total Expense Ratio||0.00||Fund Size||224,430,000.00|
|Launch Date||30/09/1975||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.60||Sector||IMA UK Equity Income|
|Min Investment (£)||250,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BHBX8K26||Min TopUp (£)||1,000,000.00|
To achieve an above average yield with growth in income and capital appreciation over the long term, through the active management of a diversified portfolio invested primarily in UK equities. UK equities are equities of companies the majority of which will either be domiciled in the UK, or which derive a significant proportion of their income from the UK.
Stephen Message took over management of this fund in December 2009. Stephen joined OMAM in October 2008 from US private wealth manager Bessemer Trust, where he worked for two years, firstly as an analyst covering Asia ex Japan and UK equities and then as manager of the UK component of Bessemer’s international equity fund. Prior to this he was a business analyst at technology consultancy Detica. Stephen has a masters degree in engineering from Imperial College London and is a CFA Charterholder.