F & C Stewardship Income Class 1 Income Units
Also available as accumulation units
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.188% ² |
| Total Expense Ratio | 1.53% |
| Launch date | 13-10-1987 |
| Launch price | £0.50 |
| Sector | UK Equity Income |
| Fund size | £298 million |
| Number of holdings | 150 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
The fund’s performance has been adversely affected by the weakness in the financial sector this year. On a more upbeat note, the bias in utilities stocks should prove beneficial. At the time of writing we understand Ted Scott is going on a three month sabbatical. Hilary Aldridge who co-manages the fund will take the helm with the additional support of Phil Doel, a key member of the UK team. We will be monitoring the situation closely.
Full research
About the Fund Manager
Phil Doel
Located in: London
Phil Doel is a Director, UK Equities in the European Equities Team having joined the Group in 2005. He started his career at Coopers & Lybrand in 1992 where he qualified as a chartered accountant. He then moved to M&G in 1995 where he ran UK and pan-European equity portfolios for both retail and institutional clients in addition to having sector research responsibilities for a wide range of individual market sectors. In 2002 he joined Deutsche Asset Management as a Director, UK Equities where he was responsible for running UK institutional equity mandates and he also ran the highly successful DWS UK Opportunities Fund from its launch in October 2002. Phil graduated from Cambridge University with an MA in Geological Sciences in 1991.
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Income details
| Historic yield | 5.30% |
|---|---|
| Income paid | Quarterly |
| 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 | 28 February 2008 |
|---|---|
| Payment date ³ | 30 April 2008 |
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Top 10 holdings
| Vodafone Group | 6.79% |
|---|---|
| National Grid | 5.45% |
| Scottish & Southern Energy | 4.94% |
| Cairn Energy | 3.50% |
| United Utilities Group | 3.47% |
| BG Group | 3.40% |
| Aviva | 2.90% |
| Barclays | 2.19% |
| Centrica | 2.12% |
| Royal Bank of Scotland Group | 2.00% |
Top 10 sectors
| Gas, Water & Multiutilities | 13.94% |
|---|---|
| Cash and Equiv. | 8.60% |
| Support Services | 7.05% |
| Oil & Gas Producers | 6.90% |
| Mobile Telecommunications | 6.79% |
| Electricity | 5.93% |
| Bonds | 5.87% |
| Banks | 5.79% |
| Life Insurance | 4.84% |
| Media | 4.41% |
Top 10 countries
| United Kingdom | 88.61% |
|---|---|
| Cash and Equiv. | 8.60% |
| Ireland | 0.83% |
| Luxembourg | 0.62% |
| Netherlands | 0.33% |
| France | 0.32% |
| United States | 0.28% |
| Norway | 0.14% |
| New Zealand | 0.12% |
| Australia | 0.09% |
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.
