TU European Income Units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 3.00% |
| Annual charge | 0.88% ¹ |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 1.12% |
| Launch date | 15-11-1993 |
| Launch price | £0.50 |
| Sector | Europe Including UK |
| Fund size | £33 million |
| Number of holdings | 136 |
| Fund type | Unit Trust |
| 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
Richard Wiseman (Insight Investment)
Located in: London
Richard joined Insight Investment Management in 2002 and is head of European equities. He began his career as a UK portfolio manager with MIM Ltd (now Invesco) before joining Clerical Medical Investment Management (now Insight) as a UK equity portfolio manager. He left in 1994, taking up senior portfolio manager roles with Lehman Brothers, Fleming Investment Managers and Banco Santander. In 2000 he joined HSBC Securities as a pan-European equity salesman before returning to portfolio management. Richard holds a BA honours degree in Zoology from Worcester College, Oxford University.
Income details
| Running yield | 1.47% (net) |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-11-2007.
Distribution dates
| Ex-dividend date | 15 October 2009 |
|---|---|
| Payment date ³ | 15 December 2009 |
Top 10 holdings
| Vodafone Group | 7.76% |
|---|---|
| BP | 7.60% |
| HSBC Holdings PLC (UK Reg) | 7.21% |
| GlaxoSmithKline | 5.99% |
| Royal Dutch Shell A | 5.42% |
| Royal Dutch Shell B | 3.52% |
| BG Group | 3.18% |
| Astrazeneca | 2.78% |
| Tesco | 2.51% |
| Anglo American | 2.47% |
Top 10 sectors
| Oil & Gas Producers | 21.30% |
|---|---|
| Banks | 11.31% |
| Pharmaceuticals & Biotechnology | 10.17% |
| Support Services | 7.84% |
| Mobile Telecommunications | 7.76% |
| Mining | 5.59% |
| Financial Services | 3.81% |
| Travel & Leisure | 3.05% |
| Life Insurance | 2.65% |
| Food Producers | 2.58% |
Top 10 countries
| United Kingdom | 96.68% |
|---|---|
| Non-Classified | 1.32% |
| Cash and Equiv. | 1.17% |
| Luxembourg | 0.43% |
| Canada | 0.15% |
| Falkland Islands | 0.15% |
| Australia | 0.11% |
¹ Additional annual charge of 0.5% + VAT is applied to this fund when held in the Vantage ISA and SIPP. This additional charge is not accounted for in the Total Expense Ratio quoted above.
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.
