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Kames UK Equity Income

Ranked 49 out of 108 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Douglas Scott

Douglas Scott is an investment manager in the UK Equities team with responsibility for managing several equity income funds, including the Kames Global Equity Income Fund and Kames UK Equity Income Fund. In addition, Douglas has analysis duties for the tobacco, real estate, telecoms, beverages and oil services sectors. He joined Kames Capital in 2003 from Investec where he was a stockbroker specialising in the telecoms sector and, prior to that, worked for TRW and Abbey National in their UK equity teams. Douglas has a 1st Class Honours degree in aeronautical engineering from the University of Glasgow, a Diploma in actuarial science from the Heriot-Watt University. Outside of work he is a keen golfer.

Iain Wells

Iain Wells is an investment manager in the UK Equities team with responsibility for managing several equity income funds, including the Kames UK Equity Income Fund. In addition, Iain has analysis duties for the insurance, general retail, engineering, utilities and paper & packaging sectors. He joined Kames Capital in 1996 from Edinburgh Fund Managers where he was an investment manager and, prior to that, worked for Dunedin Fund Managers on the Asian equities desk. Iain studied business studies and accounting at the University of Edinburgh and has an MBA. Outside of work, he enjoys the theatre and bagpipes.

Objective

The investment objective is to achieve an income return in excess of typical income returned from UK Equity markets by investing principally in a portfolio of equities of companies based in the UK, conducting business in the UK or listed on the UK stock market. The Fund may also invest, at the managers’ discretion, in a selection of fixed income assets, cash and near cash and derivative instruments. The Fund may, on occasion, also invest in non-UK assets, however any such investments would not be hedged, rather the currency risk would be a specific part of the investment decision.

Showing fund performance in United Kingdom View performance globally

Performance

UK Equity Income over : 31/07/2016 - 31/07/2017

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 4.9% 3.1%
2016 8.9% -0.4% -0.3% 8.0% 1.6%
2015 10.7% 6.9% -1.1% -2.6% 7.5%
2014 2.6% -0.9% 0.6% 0.0% 2.8%
2013 24.5% 12.1% -0.7% 3.6% 8.0%
2012 11.8% 4.6% -0.6% 4.1% 3.4%
2011 -0.5% 0.7% 1.8% -10.6% 8.6%
2010 13.4% 5.8% -10.3% 11.3% 7.3%
2009 20.1% 4.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
HSBC Holdings PLC ORD 5.75
British American Tobacco PLC ORD 5.15
AstraZeneca PLC ORD 4.01
Imperial Brands PLC ORD 3.84
Relx PLC ORD 3.76
Royal Dutch Shell Plc B ORD 3.73
Legal & General Group PLC ORD 3.57
Aviva PLC ORD 3.52
Compass Group PLC ORD 3.25
Lloyds Banking Group PLC ORD 3.04
30/06/2017

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date30/06/2009
  • Share Class size54Mn
  • Base currencyGBP
  • ISIN GB00B4ZMYG27

Purchase Info

  • Min. initial investment2Mn
  • Min. regular additional investment10,000

Charges

  • Annual management0.75%
  • Initial investment0

Related News

Kames blasts the IA income ‘Hokey Cokey’

Kames Capital UK Equity Income co-managers Douglas Scott and Iain Wells have branded the recent changes to the Equity Income sector ‘the IA Hokey Cokey’, saying the new measures are unnecessary and could confuse investors.

Kames cuts charges on UK Equity Income fund

From 1 November, the AMC on the £36 million fund is being reduced by 0.25%.

Kames AA-rated duo pick six UK stocks to play sterling weakness

The fallout from Brexit has clearly split FTSE 100 companies into two camps, internationally-focused and domestically-focused businesses.

Kames North American equities head exits

Marcus Chandler had been with the firm for three years.

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