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Majedie UK Income A Inc

Ranked 15 out of 106 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

Chris Reid

Chris Reid is a fund manager and analyst with 15 years' investment experience in UK and international equity markets. Chris is responsible for lead managing the UK Income Fund and for co-managing the UK Focus Fund. Before joining Majedie in 2008, Chris had been a Director at Deutsche Bank, where he was a Pan European Travel & Leisure Analyst. Until 2005 he had been Transport Analyst at Credit Suisse. Prior to that, he was a consultant at PA Consulting Group having joined them in 1995. He holds a Master of Science degree in Natural Sciences from Downing College, Cambridge, where he also completed the Cambridge Advanced Course in Design, Manufacturing and Management. He is SFA qualified and holds an MBA with Distinction from London Business School, in addition to the ACCA Certified Diploma in Accounting & Finance.

Yuri Khodjamirian

Yuri Khodjamirian is a fund manager and analyst in UK and international equity markets at Majedie Asset Management. Yuri is responsible for co-managing the UK Income Fund, Global Equity Fund and Global Focus Fund, having previously been an equity analyst. Yuri holds a Master of Arts degree in Economics from St Catharine’s College, Cambridge and a Master of Science degree in Economics and Political Science with distinction from the London School of Economics. He is a CFA charterholder.

Objective

To maintain an attractive yield, whilst outperforming the FTSE All-Share index over the long term

Performance

UK Equity Income over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 -0.3% -0.4% 1.9% -1.8%
2013 37.0% 11.2% 2.6% 8.8% 10.5%
2012 21.0% 4.1% -0.4% 9.6% 6.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2014

Top 10 Holdings

Stock Size
BAE Systems PLC ORD 5.06
Friends Life Group Ltd ORD 4.66
BP PLC ORD 3.99
Rio Tinto PLC ORD 3.81
J Sainsbury PLC ORD 3.77
Man Group PLC ORD 3.70
Direct Line Insurance Group PLC ORD 3.51
Phoenix Group Holdings ORD 3.42
Kentz Corporation Ltd ORD 3.37
Total SA ORD 3.37
31/05/2014

Registered For Sale In

  1. Ireland
  2. United Kingdom

Fund Info

  • Launch date19/12/2011
  • Share Class size146Mn
  • Base currencyGBP
  • ISIN GB00B7FRND86

Purchase Info

  • Min. initial investment10,000
  • Min. additional investment5,000

Charges

  • Annual management1.5%
  • Initial investment0

Related News

Majedie unveils soft-close plan for stellar £500m UK Income fund

Chris Reid and Yuri Khodjamirian's fund has grown to £500 million in a little more than two years on the back of strong performance.  

Majedie Asset Management shakes-up UK equity team

The Investment boutique has reassigned roles and promoted two analysts to co-manager positions.  

Majedie: How we went from zero to £200m in seven months

Companies able to 'leapfrog' their rivals have helped power Chris Reid's UK Income fund to top-decile returns, while its assets have swelled past the £200 million mark in just seven months.

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