Newton Balanced Income Units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.62% |
| Launch date | 04-11-1986 |
| Launch price | £0.50 |
| Sector | Balanced Managed |
| Fund size | £1,094 million |
| Number of holdings | 157 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Iain Stewart
Located in: London
Iain Stewart joined Newton in 1985 as a portfolio manager after completing his Doctorate with the Ministry of Agriculture, Fisheries and Food.
Iain is a senior member of our Strategy Team with particular responsibility for co-ordinating the development of our global investment themes.
He has worked for Newton for 15 years and during this time has specialised in managing multi-asset and global equity mandates for pension fund clients.
Since 1992 he has been the manager of the Newton Exempt Fund (Newton's flagship £1.3 billion pooled balanced fund).
Income details
| Running yield | 2.70% (net) |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-09-2007.
Distribution dates
| Ex-dividend date | 01 January 2009 |
|---|---|
| Payment date ³ | 28 February 2009 |
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Top 10 holdings
| Vodafone Group | 5.12% |
|---|---|
| Germany (Fed Rep)4.25% Bds 4/7/2039 EUR0.01 | 4.28% |
| GlaxoSmithKline | 4.27% |
| USA Treasury Notes3.75% 15/11/2018 USD1000 | 4.00% |
| BP | 3.34% |
| Royal Dutch Shell B | 2.21% |
| ETFS ETFS Agriculture DJ-AIGCI LSE | 1.44% |
| Roche Holding AG Part. Cert. | 1.30% |
| BHP Billiton | 1.27% |
| ETFS Metal Securities Ltd ETFS Physical Gold | 1.15% |
Top 10 sectors
| Bonds | 16.55% |
|---|---|
| Cash and Equiv. | 11.44% |
| Pharmaceuticals & Biotechnology | 10.12% |
| Mobile Telecommunications | 9.70% |
| Oil & Gas Producers | 7.98% |
| Mining | 5.36% |
| Fixed Line Telecommunications | 3.43% |
| Chemicals | 3.08% |
| Support Services | 2.72% |
| Non-Classified | 2.46% |
Top 10 countries
| United Kingdom | 37.96% |
|---|---|
| United States | 11.62% |
| Cash and Equiv. | 11.44% |
| Germany | 9.37% |
| Switzerland | 4.91% |
| France | 3.17% |
| Australia | 2.80% |
| Non-Classified | 2.54% |
| Brazil | 1.95% |
| Managed Funds | 1.92% |
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 07-01-2009. Data accurate as at 30/11/2008.
