UK Income

PSigma Income

Fund Manager, Bill Mott, has built a reputation within the industry as a manager who’s prepared to back his convictions.  Mott is also a manager who pays a great deal of attention to what is going on at the macro level, using the ‘big picture’ to inform what is going on at a stock specific level.  As a manager, he also has a history of investing into less risky stocks at exactly the right time, seeing the value in unloved companies when others were chasing the market.

 

Fund Manager		Bill Mott
IMA Sector		IMA UK Equity Income
Fund Size (£ million)	£347m	Initial Charge	5.25%
Launch Date	05/04/2007	Charge via Chartwell	0.50%
Yield	3.50%	AMC	1.50%

Source: Financial Express 01/01/08

Artemis Income

This fund is managed by Adrian Frost and Adrian Gosden; it invests into UK companies of all sizes, which the managers believe provide good value and are capable of generating a rising dividend yield.  While the fund invests primarily into the UK, it may also hold a small amount in fixed interest and possible European equities.  The fund has a track record that demonstrates a good level of return and income over the long term.

 

 

Fund Manager		Adrian Frost & Adrian Gosden
IMA Sector		IMA UK Equity Income
Fund Size (£ million)	£2,537m	Initial Charge	5.25%
Launch Date	06/06/2000	Charge via Chartwell	0.24%
Yield	3.80%	AMC	1.50%

Source: Financial Express 01/01/08 

Rathbone Income

Managed by Carl Stick, the Rathbone Income Fund is totally unconstrained by market sector, with the manager looking to select companies for the fund with an above average yield.  The income yield really is one of the driving factors behind this fund.  Stick looks to concentrate on selecting stocks that can consistently grow their dividends; he also generally holds a fairly diversified portfolio, with a 4% limit on any one stock.

 

 

Fund Manager		Carl Stick
IMA Sector		IMA UK Equity Income
Fund Size (£ million)	£1,148m	Initial Charge	5.50%
Launch Date	01/02/1971	Charge via Chartwell	0.47%
Yield	3.78%	AMC	1.50%

Source: Financial Express, 01/01/08

INVESCO PERPETUAL High Income

Fund Manager, Neil Woodford, is one of the best known and widely respected managers in the UK.  He favours stocks that he believes are good value, which often means he invests in a slightly contrarian way to the market.  Woodford is sometimes seen to be pessimistic when other investors are not; only for him to be proved right.  The High Income Fund aims to hold stocks that can deliver rising dividends over time.

 

 

Fund Manager		Neil Woodford
IMA Sector		IMA UK Equity Income
Fund Size (£ million)	£9,541	Initial Charge	5.00%
Launch Date	06/02/1988	Charge via Chartwell	0.00%
Yield	3.15%	AMC	1.50%

Source: Invesco Perpetual 01/01/08

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Disclaimer
The funds covered represent only a very small proportion of the funds that you could potentially invest into. You should consider all of your investment options before making any decision to invest.