TU British Income Units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 3.00% |
| Annual charge | 1.00% ¹ |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.10% |
| Launch date | 19-07-1961 |
| Launch price | £0.25 |
| Sector | UK All Companies |
| Fund size | £40 million |
| Number of holdings | 134 |
| Fund type | Unit Trust |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Stuart Eaton
Located in: London
Stuart is head of the UK Alpha Team at Insight Investment Management having joined them in May 2005. He previously worked at Newton Investment Management Ltd., which he joined in 1992, as director of investment management specialist benchmark funds and was responsible for managing global segregated pension funds and unit trusts. Prior to this he spent five years as a portfolio manager at Provident Mutual Life Assurance managing UK equity segregated funds. Stuart began his industry career in 1984 with Liverpool Victoria Friendly Society as an actuarial trainee before joining Atkinsons Chartered Accountants in 1985 as a private client manager. He holds a BSc honours degree in Mathematics from the University of Kent at Canterbury.
Income details
| Running yield | 2.04% (net) |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-11-2007.
Distribution dates
| Ex-dividend date | 15 February 2008 |
|---|---|
| Payment date ³ | 15 April 2008 |
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Top 10 holdings
| HSBC Holdings PLC (UK Reg) | 7.34% |
|---|---|
| Vodafone Group | 6.42% |
| BP | 5.65% |
| GlaxoSmithKline | 5.57% |
| Royal Dutch Shell A | 4.28% |
| BG Group | 3.01% |
| Tesco | 2.80% |
| Royal Dutch Shell B | 2.74% |
| Barclays | 2.58% |
| Anglo American | 2.57% |
Top 10 sectors
| Oil & Gas Producers | 16.98% |
|---|---|
| Banks | 14.38% |
| Pharmaceuticals & Biotechnology | 9.09% |
| Support Services | 8.22% |
| Mining | 7.66% |
| Mobile Telecommunications | 6.42% |
| Financial Services | 4.15% |
| Life Insurance | 3.48% |
| Travel & Leisure | 2.82% |
| Food & Drug Retailers | 2.80% |
Top 10 countries
| United Kingdom | 96.87% |
|---|---|
| Non-Classified | 1.55% |
| Cash and Equiv. | 0.59% |
| Luxembourg | 0.40% |
| Canada | 0.25% |
| Australia | 0.18% |
| Falkland Islands | 0.15% |
¹ Additional annual charge of 0.5% + VAT is applied to this fund when held in the Vantage ISA and SIPP. This additional charge is not accounted for in the Total Expense Ratio quoted above.
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
