F & C Progressive Growth Fund Class 1 Accumulation Units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.00% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 1.21% |
| Launch date | 30-10-2001 |
| Launch price | £0.50 |
| Sector | UK Zeros |
| Fund size | £28 million |
| Number of holdings | 32 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
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About the Fund Manager
Peter Hewitt
Located in: Edinburgh
Peter has over 20 years of industry experience. He joined the Group in 1983 as a fund manager working in the US team and subsequently in the UK team, where he was responsible for a variety of pension fund and investment trust clients. Peter has been manager of the Progressive Growth Fund since its launch in October 2001. He is also responsible for managing a number of investment trust fund of funds portfolios. Peter was responsible for establishing and developing a network of Private Client Stockbrokers and Fund Mangers in order to support, and then increase, the present level of ownership by these sectors in the ISIS range of investment trusts. He was also the focal point of contact for Investment Trust Analysts. Prior to rejoining ISIS, Peter spent two years as Head of UK Equities with Murray Johnstone. He holds an honours degree in Economics from the Heriot Watt University
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Income details
| Running yield | N/a |
|---|---|
| Income paid | 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 | 31 December 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
Top 10 holdings
| JZ Capital Partners ZDP NPV Shares | 6.26% |
|---|---|
| REO Securities Limited Zero Dividend Preference Shares 0.001p | 5.91% |
| Jup Sec Split ZDP | 5.75% |
| M & G Recovery Investment Co Ordinary 1p Zero Dividend Preference Shares | 5.60% |
| Jupiter Sec Enha ZDP | 4.78% |
| Jupiter Div & Grth | 4.70% |
| Bear Stearns Pr Pref | 4.68% |
| M & G Equity Investment Trust plc Ordinary 1p Zero Dividend Preference Shares | 4.06% |
| M & G Income Inv Co Ordinary 1p Zero Dividend Preference Shares | 3.99% |
| Close European Accelerated Fund | 3.86% |
Top 10 sectors
| Bonds | 43.46% |
|---|---|
| Non-Classified | 31.47% |
| Equity Investment Instruments | 13.27% |
| Cash and Equiv. | 8.71% |
| Managed Funds | 3.08% |
Top 10 countries
| United Kingdom | 71.70% |
|---|---|
| Non-Classified | 16.50% |
| Cash and Equiv. | 8.71% |
| Managed Funds | 3.08% |
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.
