Quick Stats

Bid Price - Offer Price -
Mid Price GBX 40.79 Day Change GBX +0.13 (0.32%)
Price Date 17 Nov 2017 Crown Rating 2
Shares Class Inc. Yield 3.60 %
Total Expense Ratio 1.00 Fund Size 2,592,753,622.55
Launch Date 03/12/1984 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 0.00 Total Expense Ratio (%) 1.00
ISIN GB00B29M9J29 Min TopUp (£) 0.00

Fund Objective

The fund invests via the Halifax UK Equity Income OEIC Fund. The UK Equity Income OEIC Fund aim is: To provide above average income, along with potential long term capital growth by investing predominantly in a portfolio of companies which are part of the FTSE All Share Index (the “Index”). The Fund seeks to deliver performance, before deduction of management fees, in excess of the Index with a similar level of overall volatility, over the long term. Companies will be selected which have the potential to provide higher than average dividend yields and to achieve long term capital growth. The Fund seeks to hold more in these companies in comparison to the Index. Therefore, while the Fund will invest in a large number of companies in common with the Index, the amount held in any one company may be significantly different to the Index. The Fund is limited in the extent to which it can hold more (overweight) or less (underweight) in sectors relative to the Index, but it aims to hold more in sectors which are expected to provide a higher than average dividend yield.

Fund Managers

Global Equity Team
Quantitative Investment Team