Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Royal London UK Income With Growth Trust A Inc

Ranked 223 out of 233 in - Aggressive GBP over 12 months
All calculations are in GBP unless stated

Managed by

Joe Walters

RLAM`s Joe Walters is manages the CIS Income with Growth Trust and manages it along with a number of institutional portfolios which he has managed for the last three years. Previously Joe managed the CIS UK Growth Trust for over 10 years. Prior to that he managed the CIS UK Income with Growth Trust. Walters has over 20 years of industry experience and previously held roles as an investment analyst covering a number of consumer sectors, both at The Co-operative Asset Management and as a regional stockbroker. He is an Associate Member of the Society of Investment Analysts and an ongoing Associate of the CFA, UK.


The CIS UK Income with Growth Trust aims to provide an above-average and growing income, together with some capital appreciation, from a diverse portfolio of UK securities comprising mainly higher yielding equities in any economic sector, but including some fixed-interest securities.

Showing fund performance in United Kingdom View performance globally


Aggressive GBP over : 28/02/2016 - 28/02/2017

Total Return

Quarterly Performance

to 01/01/2017 Annual Q1 Q2 Q3 Q4
2016 7.8% -1.1% 1.6% 6.4% 0.8%
2015 3.0% 5.6% -3.3% -2.9% 3.9%
2014 4.2% 0.0% 1.5% 0.0% 2.7%
2013 20.8% 9.9% -0.1% 3.6% 6.2%
2012 13.0% 5.1% 0.1% 4.9% 2.5%
2011 -3.0% -0.1% 1.5% -10.3% 6.7%
2010 14.4% 6.1% -6.0% 10.2% 4.1%
2009 21.0% -10.0% 10.5% 16.9% 4.0%
2008 -22.2% -7.4% -2.3% -8.5% -6.0%
2007 3.5% 1.4% 0.6% -1.6% 3.0%
2006 18.5% 9.5% -3.4% 5.2% 6.5%
2005 19.4% 2.6% 3.8% 6.6% 5.2%
2004 19.7% 2.7% 3.4% 4.1% 8.2%
2003 16.9% -6.0% 14.5% 3.4% 5.0%
2002 -14.8% 4.1% -6.6% -10.1% -2.6%
2001 -3.0% -2.5% 1.0% -10.0% 9.6%
2000 -4.4% -7.1% 1.2% 1.7% 0.0%
1999 1.4% 3.8% 1.6% -6.2% 2.4%
1998 14.2% 13.6% -0.4% -6.4% 7.9%
1997 28.7% 4.2% 5.7% 13.0% 3.3%
1996 13.6% 0.6% 1.8% 5.4% 5.2%
1995 5.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Royal Dutch Shell Plc B ORD 4.44
British American Tobacco PLC ORD 4.29
GlaxoSmithKline PLC ORD 4.19
HSBC Holdings PLC ORD 3.97
Imperial Brands PLC ORD 3.65
AstraZeneca PLC ORD 3.57
BT Group PLC ORD 3.02
Legal & General Group PLC ORD 2.95
Severn Trent PLC ORD 2.56
National Grid PLC ORD 2.52

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date25/09/1989
  • Share Class size385Mn
  • Base currencyGBP
  • ISIN GB0001598050

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment5,000


  • Annual management1.50%
  • Initial investment5

Related News

CIS manager resurfaces at Cheshire discretionary

Neil Foundly joins Equilibrium Asset Management

A-rated manager among trio of RLAM exits

A trio of former Co-operative fund managers has left Royal London Asset Management, Wealth Manager can reveal.

Co-operative Asset Management's Moffat takes over UK Growth fund

The Co-operative Asset Management (TCAM) has made two fund manager changes as it continues its push into the IFA and institutional market, Citywire can reveal.

Are BP shares too cheap after Gulf of Mexico rig disaster?

The UK oil giant has been hit by both the reputational damage and financial implications of the accident, but is it now fair value, or even cheap?

Can BG Group continue to warm equity income fund managers?

Despite a fall in profits earlier this year, BG remains a core holding among equity income managers. But can the low yielding stock justify its place if oil and gas prices stay low?

Fund updates: Rensburg UK Mid Cap Growth Trust and more

The Citywire Verdict on Paul Spencer's Rensburg UK Mid Cap Growth Trust, Mark Boucher's Smith & Williamson UK Special Situations, Vanessa Donegan's Threadneedle Asia and Andrew Moffat's CIS UK Income with Growth Trust

Co-op's Sustainable Leaders joins Cofunds

The Co-op’s flagship Sustainable Leaders trust run by Citywire AA-rated Mike Fox is to be open to the full retail market after the company puts it on the Cofunds platform.

Hold or Fold: Allchurches High Income vs CIS UK Income with Growth

Two funds from the Equity and Bond Income sector come into view this week, which probably don’t figure all that often on the investment radar screens of this week’s panellists.

Who has done well from the Hanson bid rumours?

The takeover speculation surrounding £4.68 billion building materials firm Hanson has been good news for investors in UK equities funds run by CIS, M&G and Martin Currie.

Manager Ratings Update: Fidelity's Shah wins AAA honours

Fidelity rising star Sanjeev Shah has leaped into Citywire's fund manager league tables with a top AAA rating.


Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).