Quick Stats

Bid Price GBX 140.28 Offer Price GBX 140.65
Mid Price - Day Change GBX +0.12 (0.09%)
Price Date 23 Nov 2017 Crown Rating 3
Shares Class Inc. Yield 3.87 %
Total Expense Ratio 0.00 Fund Size 186,466,433.45
Launch Date 15/12/2005 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BD2WZ329 Min TopUp (£) 100,000.00

Fund Objective

The investment objective of the Liontrust European Income Fund is to provide a high level of income, in order to meet this objective, it is intended that the yield of the Fund (the sum of all net distributions in an accounting period divided by the unit price at the end of said period) will be in excess of the net yield of the MSCI Europe ex UK Index each year but this cannot be guaranteed and the yield may also be adjusted in the light of market conditions although it is not expected that this will be a regular occurrence.

Fund Managers

Olly Russ
Oliver Russ graduated from Oxford University in 1996 with a first class honours degree in Classics. He holds the CFA charter, has successfully completed the IIMR examinations, and is a Member of the Chartered Institute for Securities and Investment. He joined investment boutique Orbitex in 1998, where he worked on European Equity and UK Income funds, and was responsible for running the Orbitex UK Equity Fund from its inception in March 2000. In 2002 Oliver moved to Invicta Investment Management, a privately owned hedge fund, before joining Neptune Investment Management in April 2004 as a fund manager and financial analyst. Oliver is the lead manager of the Argonaut European Income Fund, launched in December 2005, and is also the lead manager of the Argonaut European Enhanced Income Fund launched in May 2010.
Oisin O'Leary
Oisin joined Liontrust in June 2017, having previously been an investment analyst at Argonaut Capital Partners across the company’s range of funds from September 2015. He was also formerly an investment analyst at Maris Capital and a debt capital markets analyst at HSBC Bank.