PSigma UK Growth Fund Accumulation
Also available as income units
At a glance
| Initial charge | 5.25% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.100% ² |
| Total Expense Ratio | 1.83% |
| Launch date | 03-09-2007 |
| Launch price | £1.00 |
| Sector | UK All Companies |
| Fund size | £4 million |
| Number of holdings | 63 |
| Fund type | Unit Trust |
| Type of units | Accumulation |
Ways to Invest
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About the Fund Manager
Neil Cumming
Located in: London
Neil is a key member of the team managing the PSigma UK Growth Fund, led by PIM's Chief Investment Officer, Tim Gregory. Neil has 20 years investment experience having started with Royal Insurance in 1984 after graduating from Durham University with a degree in Economics and Mathematics. At Royal Insurance Neil passed his Society of Investment Analyst exams and, after three years as an analyst covering a variety of sectors, moved into fund management. In that role he managed a range of retail and institutional UK equity funds, including the Staff Pension Scheme, before moving to Prolific Asset Management in 1997. Neil was part of the team managing the award winning Prolific UK Blue Chip Trust, and ran the Prolific Convertible & Gilt Unit Trust. The team was also responsible for the in-house life fund UK equities worth over £1.5bn. Following Prolific's acquisition by Aberdeen Asset Management, Neil became Head of the Equity Income team, responsible for a product range with c£800m assets and a track record stretching back for 25 years. In 2003 Neil joined Teather & Greenwood Investment Management running both equity income and growth retail funds and building further on his experience of managing non-FTSE100 investments. He joined PIM in May 2004.
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Income details
| Running yield | 3.41% (net) |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-10-2007.
Distribution dates
| Ex-dividend date | 30 June 2008 |
|---|---|
| Payment date ³ | 31 August 2008 |
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Top 10 holdings
| BP | 9.54% |
|---|---|
| GlaxoSmithKline | 8.09% |
| Vodafone Group | 6.95% |
| HSBC Holdings PLC (UK Reg) | 6.45% |
| BG Group | 4.76% |
| Tesco | 3.40% |
| Pearson | 2.67% |
| Anglo American | 2.55% |
| Prudential | 1.95% |
| SIG | 1.90% |
Top 10 sectors
| Oil & Gas Producers | 16.56% |
|---|---|
| Support Services | 12.30% |
| Banks | 9.92% |
| Pharmaceuticals & Biotechnology | 8.09% |
| Mobile Telecommunications | 6.95% |
| Mining | 5.63% |
| Life Insurance | 5.51% |
| Aerospace & Defence | 4.14% |
| Media | 3.95% |
| Cash and Equiv. | 3.89% |
Top 10 countries
| United Kingdom | 96.11% |
|---|---|
| Cash and Equiv. | 3.89% |
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 01-12-2008. Data accurate as at 31/10/2008.
