Skip main menuFree guides | Investor relations | Accessibility | About us | Contact us | Press

Hargreaves Lansdown
 

HL Multi-Manager Inc & Growth Portfolio Income Units

Sell : 71.82p | Buy : 75.59p | down 0.02p
Last valuation as at 16-03-2010

Also available as accumulation units

Help

Overview

Initial charge 5.00%
Initial saving 5.00%
Annual charge 1.00%
Annual saving 0.150% ²
Performance charges No
Total Expense Ratio 1.89%
Launch date 18-10-2002
Launch price £0.50
Sector UK Equity Income
Fund size £520 million
Number of holdings 10
Fund type Unit Trust
Type of units Income

Please read the Simplified Prospectus in addition to the information above.

Help

HL Research - Our view on this Fund

Mark Dampier In our view equity income funds offer investors access to some of the highest quality companies in the UK. They offer attractive yields, and as these companies are currently undervalued compared with the rest of the market, they also offer the potential for capital growth should their worth be reappraised as the economy recovers. On the other hand, if recovery falters, their defensive qualities should also make them less vulnerable.

For investors who prefer to leave the fund selection to others, the HL Multi-Manager Income & Growth Portfolio Trust could be an excellent core holding. The fund aims to provide investors with access to a selection of what we believe are the finest fund managers in the UK. By bringing together complimentary styles the fund is able to capitalise on the best opportunities in the market. For those seeking a regular income the dividends are collected from the underlying funds and distributed to investors quarterly.

It's certainly not too late to take advantage of the potential offered by the equity income sector and I am confident the long-term returns from the HL Multi-Manager Income & Growth Portfolio Trust won't leave you disappointed.

Full research

Help

About the Fund Manager

Photo of Lee Gardhouse

Lee Gardhouse
Located in: Bristol


Lee is the manager of the HL Multi-Manager Balanced Managed Trust, the HL Multi-Manager Cautious Managed Trust, the HL Multi-Manager Special Situations Trust, the HL Multi-Manager Income & Growth Portfolio Trust and the HL Multi-Manager Strategic Bond Trust. He holds a BA Hons degree in Economics from Liverpool John Moores University. Lee has been part of the investment team at Hargreaves Lansdown since 1995, specialising in the Investment Trust and Multi-manager arenas. He is an Associate of the Society of Investment Professionals.

Previous 1 of 2 Next
Help

Income details

Historic yield 4.15%
Income paid Quarterly
Type of payment Dividend

All yields are variable and not guaranteed. The information is correct as at 01-03-2010.

Help

Distribution dates

Ex-dividend date 01 January 2010
Payment date ³ 28 February 2010
Previous 1 of 4 Next

Top 10 sectors

Pharmaceuticals & Biotechnology 11.52%
Oil & Gas Producers 11.33%
Tobacco 7.59%
Gas, Water & Multiutilities 6.26%
Mobile Telecommunications 4.99%
Travel & Leisure 4.48%
Banks 4.32%
Nonlife Insurance 4.07%
Support Services 3.95%
Fixed Line Telecommunications 3.87%

Top 10 countries

United Kingdom 83.22%
United States 3.59%
Cash and Equiv. 2.84%
Hong Kong 1.47%
France 1.16%
Non-Classified 1.13%
Netherlands 1.00%
Taiwan 0.82%
Singapore 0.73%
South Korea 0.65%

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 16-03-2010. Data accurate as at 01/03/2010.

Data provided by
FundsLibrary


Hargreaves Lansdown is authorised and regulated by the Financial Services Authority.

Disclaimer | Important Investment Notes | Terms & Conditions | Privacy Policy | Site map | Email this to a friend