The Fund aims to provide a dividend income, with prospects for both income and capital growth over the long term (5 years or more).
The Fund invests at least 80% of its assets in shares (also known as equities) of companies, in any industry, in the UK. The broad universe in which the Fund may invest includes companies in the FTSE All Share Index and those listed on the London Stock Exchange AIM market. The Fund will typically have a bias towards small and medium sized companies.
The Fund may also invest in other assets including bonds of any quality from any issuer, cash and money market instruments.
The investment manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently.
The Fund is actively managed with reference to the FTSE All Share Index, which is broadly representative of the companies in which it may invest, as this can provide a useful comparator for assessing the Fund's performance. The investment manager has discretion to choose investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index.
As an additional means of assessing the performance of the Fund, the IA UK Equity Income sector average, which is based on a peer group of broadly similar funds, may also provide a useful comparator.
The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is for promotional purposes and does not qualify as an investment recommendation.