The Equity Income Trust For Chariti

Quick Stats

Bid Price GBX 109.80 Offer Price GBX 110.20
Mid Price - Day Change GBX -0.90 (-0.81%)
Price Date 24 Feb 2017 Crown Rating 2
Shares Class Inc. Yield 4.67 %
Total Expense Ratio 0.00 Fund Size 343,385,900.00
Launch Date 02/12/2002 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.50 Sector IMA UK Equity Income
Min Investment (£) 10,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BF31D949 Min TopUp (£) 1,000.00

Fund Objective

The Equity Income Trust for Charities aims to provide a portfolio yield in excess of the FTSE All Share Index, targeting a premium of 30 per cent., through investing predominately in UK equities. The income provision will be the primary objective. The Trust's secondary target is to provide capital growth in order that its total return exceeds that of the FTSE All Share Index over rolling five-year periods.

Fund Managers

Matt Hudson
Matt Hudson is a member of the Cazenove Capital Pan-European Equity team at Schroders, with responsibility for equity income portfolios. Matt manages the Cazenove UK Equity Income Fund and the Equity Income Trust for Charities, a UK authorised Common Investment Fund. Matt joined Cazenove Capital in 2001 from AIB Govett Investment Management. Prior to this he was a chartered accountant at PriceWaterhouseCoopers. Matt graduated from Cambridge University with a degree in History. He has 14 years of investment experience.