Quick Stats

Mid Price GBX 150.17 Day Change GBX +0.07 (0.05%)
Price Date 18 Sep 2019 Crown Rating 2
Shares Class Inc. Yield 2.90 %
Last Ex-Dividend Date 08 March 2019 Dividend Frequency Semi-annually
Sector UK All Companies Fund Size 396,994,453.95
Launch Date 22/03/1934 Standard Initial Charge 3.00%
Ongoing cost 0.88% Annual Management Charge 0.75%
ISIN GB00B8374670 Sedol B837467

Fund Objective

The Fund aims to increase the value of your investment over the long term. It looks to outperform the FTSE All-Share Index over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least 90% of its assets in a concentrated portfolio of shares of companies listed on the London Stock Exchange; predominantly UK companies. The Fund selects companies in which the fund manager has a high conviction that the current share price does not reflect the growth prospects for that business. These companies may be of any size, from any industry or economic sector, with significant sector and share weightings taken at the fund manager discretion. The FTSE All-Share Index is regarded as an appropriate performance measure of the UK stock market, with over 600 companies currently included. It provides a suitable target benchmark against which Fund performance will be measured and evaluated over time. The Fund typically invests in fewer than 50 companies, which may include shares of some companies not within the Index. The Fund may also invest in other assets such as cash and deposits, and hold other funds (including funds managed by Columbia Threadneedle companies) when deemed appropriate.

Fund Managers

Mark Westwood
Mark Westwood joined the company in 2006 as a portfolio manager in the UK equities team. He manages the Threadneedle UK Select Fund and co-manages the Threadneedle UK Absolute Alpha Fund. HeĀ also has research responsibility for the mining and other financials sectors.He started his fund management career in 1998 with Legg Mason before moving to Morley in 2005.Mark graduated with a BSc (Hons) in materials science from Manchester University. He also holds a PhD in materials science and is an associate member of the Institute of Investment Management and Research.