Rensburg UK Equity Income Income Units
At a glance
| Initial charge | 4.50% |
|---|---|
| Initial saving | 4.50% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.58% |
| Launch date | 31-10-1985 |
| Launch price | £1.00 |
| Sector | UK Equity Income |
| Fund size | £187 million |
| Number of holdings | 62 |
| 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
Outperformed the market, but with such heavy losses that will be scant consolation. Exposure to the defensive utilities and pharmaceutical sectors helped returns.Full research
About the Fund Manager
Colin Morton
Located in: Leeds
Position: Investment Director.
Lead Manager of Rensburg UK Equity Income Trust since 1st January 1995.
Joint Manager for the Rensburg UK Managers' Focus Trust from Sep 06.
Lead Manager for the Rensburg UK Blue Chip Growth since 1st September 2000.
Professional Qualifications: IMC, FSI (Dip).
Investment Experience: Colin began his career in 1983 as a trainee stockbroker with Wise Speke & Co, before joining Rensburg in 1988, initially as a Private Client Executive and subsequently as an Investment Manager in 1991.
Further Information: Funds that Colin currently manages include the Rensburg UK Equity Income Trust, Rensburg UK Blue Chip Growth Trust and a portion of the Rensburg UK Managers' Focus Trust. In addition the fund manager also runs a segregated mandate for Russell which is currently £226m in size. Colin is also Investment Director for Rensburg Fund Management Ltd.
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Income details
| Historic yield | 5.30% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2008 |
|---|---|
| Payment date ³ | 25 April 2008 |
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Top 10 holdings
| BP | 6.82% |
|---|---|
| GlaxoSmithKline | 6.15% |
| HSBC Holdings PLC (UK Reg) | 5.17% |
| Royal Dutch Shell B | 4.55% |
| British American Tobacco | 4.51% |
| Astrazeneca | 4.20% |
| Vodafone Group | 4.01% |
| National Grid | 3.43% |
| Aviva | 3.08% |
| Imperial Tobacco Group | 3.07% |
Top 10 sectors
| Oil & Gas Producers | 14.12% |
|---|---|
| Banks | 10.99% |
| Pharmaceuticals & Biotechnology | 10.35% |
| Gas, Water & Multiutilities | 8.21% |
| Tobacco | 7.58% |
| Life Insurance | 7.22% |
| Mining | 4.33% |
| Mobile Telecommunications | 4.01% |
| Food & Drug Retailers | 3.38% |
| Media | 3.06% |
Top 10 countries
| United Kingdom | 97.07% |
|---|---|
| Cash and Equiv. | 2.55% |
| Ireland | 0.37% |
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.
