PSigma Income Fund Income 
Also available as accumulation units
Overview
| Initial charge | 5.25% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.100% ² |
| Performance charges | No |
| Total Expense Ratio | 1.78% |
| Launch date | 05-04-2007 |
| Launch price | £1.00 |
| Sector | UK Equity Income |
| Fund size | £513 million |
| Number of holdings | 75 |
| Fund type | Unit Trust |
| Type of units | Income |
Please read the Simplified Prospectus in addition to the information above.
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Bill Mott favours two groups of companies at present: defensive companies currently yielding more than 10-year government bonds (e.g. GlaxoSmithKline and AstraZeneca); and companies that have strong brands and sound balance sheets, with the potential to outperform their competitors because of their favourable market position. He has also added to positions in high-yielding overseas companies, which currently make up 9% of the portfolio.
Full research
About the Fund Manager
Bill Mott
Located in: London
Bill Mott is one of the best-known UK equity fund managers in the UK market, having spent 30 years at Credit Suisse. He is well known in the market for his top-down thematic investment style and for making major calls about 'inflection points' in the direction of the economy. Bill is a founding member of PSigma Asset Management and has invested his own SIPP into the fund. He has aligned his interests with those of our investors and focuses entirely on managing the money.
Income details
| Historic yield | 4.90% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 26-02-2010.
Distribution dates
| Ex-dividend date | 31 March 2010 |
|---|---|
| Payment date ³ | 31 May 2010 |
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Top 10 holdings
| Vodafone Group | 6.44% |
|---|---|
| GlaxoSmithKline | 6.08% |
| BP | 5.78% |
| Royal Dutch Shell B | 5.28% |
| British American Tobacco | 4.85% |
| AstraZeneca | 4.42% |
| Tesco | 3.78% |
| National Grid | 2.79% |
| Centrica | 2.65% |
| RSA Insurance Group | 2.50% |
Top 10 sectors
| Pharmaceuticals & Biotechnology | 13.40% |
|---|---|
| Oil & Gas Producers | 12.03% |
| Tobacco | 8.46% |
| Mobile Telecommunications | 7.88% |
| Gas, Water & Multiutilities | 7.57% |
| Food & Drug Retailers | 7.15% |
| Support Services | 5.46% |
| Food Producers | 4.86% |
| Cash and Equiv. | 4.44% |
| Electricity | 4.03% |
Top 10 countries
| United Kingdom | 84.93% |
|---|---|
| United States | 4.56% |
| Cash and Equiv. | 4.44% |
| Switzerland | 1.81% |
| France | 1.45% |
| Germany | 1.37% |
| Netherlands | 0.96% |
| Non-Classified | 0.49% |
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 15-03-2010. Data accurate as at 28/02/2010.
