Quick Stats

Bid Price - Offer Price -
Mid Price GBX 131.80 Day Change GBX -0.70 (-0.53%)
Price Date 18 Jan 2018 Crown Rating 3
Shares Class Inc. Yield 4.09 %
Total Expense Ratio 0.71 Fund Size 54,000,000.00
Launch Date 07/05/1987 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.65 Sector IMA UK Equity Income
Min Investment (£) 15,000,000.00 Total Expense Ratio (%) 0.71
ISIN GB00BD1F1M34 Min TopUp (£) 1,000.00

Fund Objective

To achieve a high and growing level of income over the long term primarily through investment in the UK. In order to achieve the objective, the manager's policy is to invest in companies which offer attractive dividend yields and at the same time may be reasonably expected to increase their dividends. The Manager’s policy was amended with effect from 27.01.2014 to increase the Fund's flexibility to select investments from a wider range of dividend yields and dividend growth expectations.

Fund Managers

Tineke Frikkee
Tineke joined the UK equity team at Smith & Williamson in July 2013, primarily to manage the UK Equity Income Fund. She joined from BNY Mellon where she spent almost 15 years in the investment department. She managed the Newton Higher Income Fund from April 2004 to December 2012 and during that time won a number of performance accolades. Tineke grew up in the Netherlands and completed a Bachelor’s degree in Health Sciences at Zuyd University. She also has an MBA from City Business School in London and is a CFA Charterholder.
Mark Swain
Mark joined Smith & Williamson at the end of 2005. Mark is the assistant fund manager on the Smith & Williamson UK Equity Income Trust and an assistant fund manager on the Smith & Williamson Enterprise Fund. Mark is also the in-house sector specialist responsible for the technology and telecoms sectors. Prior to joining Smith & Williamson, Mark worked at Leopold Joseph/ Bank of Butterfield from 2001. Mark graduated from the University of Nottingham in 2000 with a BEng (Hons) in Electronic Engineering. He is a Member of the Chartered Institute for Securities & Investment.