Newton Global Higher Income Income
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.67% |
| Launch date | 30-11-2005 |
| Launch price | £1.00 |
| Sector | Global Growth |
| Fund size | £400 million |
| Number of holdings | 70 |
| 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 continues to favour companies in Asia and Brazil largely at the expense of the US. James Harries is finding particularly good value in the pharmaceuticals and telecoms sector in businesses offering solid and sustainable dividends. The fund’s exposure to oil stocks has hurt recently since the oil price fell, but he had been reducing exposure. Longer term we believe the fund’s thematic approach should reward investors.
Full research
About the Fund Manager
James Harries
Located in: London
James holds a masters degree in finance from the London Business School and is currently a Director of Investment Management (Global Equities). His previous responsibilities at Newton included portfolio management in the Private Investment Management division where he managed Newton Falcon Fund.
Income details
| Running yield | 3.17% (net) |
|---|---|
| Income paid | Quarterly |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-04-2007.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
1 of 4 
Top 10 holdings
| Telstra Corp. | 4.67% |
|---|---|
| Reynolds American | 3.19% |
| Universal Liquidity Funds PLCSterling Fund 'C' (Inc) NAV | 3.13% |
| Cable & Wireless | 2.52% |
| Tele Norte Leste Participacoes S.A. ADS | 2.42% |
| Vodafone Group | 2.42% |
| Unilever N.V. CVA | 2.23% |
| LG TeleCom Co. | 2.16% |
| Standard Chartered PLC8.125% Non-Cum Red Prf USD2000 | 2.08% |
| Deutsche Post AG | 2.03% |
Top 10 sectors
| Fixed Line Telecommunications | 13.62% |
|---|---|
| Oil & Gas Producers | 8.18% |
| Mobile Telecommunications | 7.20% |
| Pharmaceuticals & Biotechnology | 7.04% |
| Technology Hardware & Equipment | 5.20% |
| Managed Funds | 5.02% |
| Tobacco | 4.76% |
| Cash and Equiv. | 4.75% |
| Banks | 4.35% |
| Mining | 4.28% |
Top 10 countries
| United Kingdom | 15.43% |
|---|---|
| United States | 13.83% |
| Brazil | 8.31% |
| Singapore | 6.49% |
| Germany | 6.46% |
| Managed Funds | 5.02% |
| Cash and Equiv. | 4.75% |
| Australia | 4.67% |
| Hong Kong | 2.95% |
| Taiwan | 2.85% |
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.
