The Fund aims to provide an above average and increasing income, together with long term capital growth by investing primarily in shares of UK companies.
Our process is founded on the belief that the stock market can be inefficient when pricing shares. We identify attractive investment opportunities through focused and detailed fundamental research. The manager invests in companies which have a business model he believes will support relatively consistent dividend growth over time, and where the shares are attractively valued.
A key aim of the fund is to provide steady and sustainable income growth over time. For this reason the manager prefers larger capitalisation companies which he believes offer more stable cash flow growth, typically holding 55-65 stocks. His investment style often involves longer-term holding periods. The Fund has charges deducted from capital. Whilst this increases the income paid, it will also reduce the potential for capital growth. The value of investments and any income from them will fluctuate (this may partly be due to exchange rate changes) and investors may not get back the amount invested.
The manager designs the portfolio so that there is a prudent spread of underlying investment risks. In addition, we actively monitor risk using a number of risk tools. The aim is to ensure all risks are deliberate and appropriately scaled.
Further information on the terms used above can be found in our Investment Glossary
How to Invest
