Quick Stats

Bid Price GBX 88.05 Offer Price GBX 93.17
Mid Price - Day Change GBX +0.53 (0.61%)
Price Date 17 Oct 2017 Crown Rating 1
Shares Class Inc. Yield 3.82 %
Total Expense Ratio 1.59 Fund Size 56,165,904.75
Launch Date 12/07/1995 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.59
ISIN GB0005662894 Min TopUp (£) 1,000.00

Fund Objective

The objective of the scheme is to achieve a higher yield with the prospect of receiving increasing income and growth in the value of units by purchasing high yielding shares, corporate loan stocks and preference shares.

Fund Managers

Andrew Moffat
Andrew is a highly experienced fund manager who has worked in financial markets for nearly three decades. His career has spanned retail fund management, global economics, asset allocation, institutional equity research and private client wealth management. In summer 2017, Andrew was appointed Co-Manager of the Marlborough Extra Income Fund, which he jointly runs with Matthew Rainbird and Nigel Beidas.
Nigel Beidas
Nigel has more than 30 years' experience in the world of investment, rising from research analyst to Head of UK Equities for a Canadian insurance company, with responsibility for a team managing more than £2 billion. In 2009, Nigel was appointed Co-Manager of the Marlborough Extra Income Fund, which he jointly runs with Matthew Rainbird and Andrew Moffat.
Matthew Rainbird
Matthew has more than a decade's experience in the industry in roles including trading equities and fixed interest securities and managing private client portfolios. He is a Chartered Member of the Chartered Institute for Securities & Investment. In 2009, Matthew was appointed Co-Manager of the Marlborough Extra Income Fund, which he jointly runs with Andrew Moffat and Nigel Beidas.