Royal London UK Equity Income Z Inc

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 112.30 Day Change GBX +0.70 (0.63%)
Price Date 8 Dec 2016 Crown Rating 5
Shares Class Inc. Yield 3.86 %
Total Expense Ratio 0.00 Fund Size 1,634,076,067.10
Launch Date 11/04/1984 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
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

Fund Objective

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.

Fund Managers

Martin Cholwill
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.