|Bid Price||-||Offer Price||-|
|Mid Price||GBX 122.60||Day Change||GBX +0.10 (0.08%)|
|Price Date||20 Nov 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.79 %|
|Total Expense Ratio||0.00||Fund Size||1,954,157,271.23|
|Launch Date||11/04/1984||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.55||Sector||IMA UK Equity Income|
|Min Investment (£)||25,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BG48LT79||Min TopUp (£)||50,000.00|
The RL UK Equity Income Fund seeks to achieve a combination of income and some capital growth. This pure equity income fund invests solely in high yielding UK stocks, with a particular emphasis on companies generating significant free cashflow to fund sustainable dividend payments.
Martin joined RLAM in February 2005 to focus solely on managing the Royal London Equity Income Fund. Martin began his fund management career in 1983, spending 21 years working for AXA Investment Managers, managing a wide variety of UK equity mandates. In 1996 he took over managing AXAs UK Equity Income Fund which he ran successfully. Martin,s proven and pragmatic investment approach have delivered strong, consistent performance for investors throughout the several market cycles of his 32 year career. He has a degree in Mathematics from the University of Durham.