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Newton Higher Income

Ranked 21 out of 105 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

Christopher Metcalfe

Christopher Metcalfe graduated from the Manchester Business School with an MBA degree. He started his career with Henderson Administration in 1985 and quickly rose to become Henderson’s head of UK equities. After ten years with Henderson he moved to Schroders where he was a senior investment manager and head of the UK equity team. Christopher joined Newton Investment Management in 2006 where he is currently a director of investment management for UK equities and manages the Newton Income Fund.

Objective

The objective of the Sub-Fund is to achieve increasing distributions on a calendar year basis with long term capital growth. The Sub-Fund may also invest in collective investment schemes.

Performance

UK Equity Income over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 3.0% 1.4% 1.2% 0.0% 0.4%
2013 19.6% 10.5% -0.3% 2.1% 6.3%
2012 9.2% 3.0% 0.8% 4.6% 0.6%
2011 0.8% -1.0% 3.0% -8.6% 8.1%
2010 9.1% 4.2% -9.3% 9.4% 5.5%
2009 15.2% -12.1% 7.2% 17.2% 4.4%
2008 -19.9% -13.2% -2.3% -5.2% -0.4%
2007 -0.2% 1.9% 0.9% -3.5% 0.5%
2006 18.2% 8.5% -3.1% 4.8% 7.3%
2005 19.8% 3.2% 5.0% 6.5% 3.9%
2004 16.2% 2.0% 3.8% 3.0% 6.6%
2003 28.5% -4.7% 17.4% 6.9% 7.5%
2002 -12.8% 9.6% -6.8% -17.1% 2.9%
2001 0.9% -1.8% 7.3% -15.8% 13.8%
2000 11.7% -2.3% 6.2% 0.1% 7.5%
1999 16.8% 11.7% 10.4% -7.0% 1.9%
1998 12.8% 17.7% -4.2% -10.2% 11.5%
1997 31.9% 5.9% 3.0% 15.7% 4.6%
1996 14.2% -0.3% -0.1% 7.6% 6.5%
1995 9.5% 2.8% 6.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
Royal Dutch Shell Plc B ORD 7.58
British American Tobacco PLC ORD 4.75
GlaxoSmithKline PLC ORD 4.44
National Grid PLC ORD 4.28
AstraZeneca PLC ORD 4.22
Vodafone Group PLC ORD 3.92
Reed Elsevier PLC ORD 3.58
Standard Life PLC ORD 3.35
The Sage Group PLC ORD 3.25
Centrica PLC ORD 3.13
31/08/2014

Registered For Sale In

  1. Austria
  2. Chile
  3. Germany
  4. Luxembourg
  5. Peru
  6. Spain
  7. United Kingdom

Fund Info

  • Launch date01/06/1987
  • Share Class size1,873Mn
  • Base currencyGBP
  • ISIN GB0006779218

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment250

Charges

  • Annual management1.5%
  • Initial investment0

Related News

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OakTree Wealth’s Brady: the party is over

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Smith & Williamson has hired former Newton UK equity income manager Tineke Frikkee.

Key study puts Woodford funds on ‘sell’ alert as assets soar

Neil Woodford’s High Income and Income funds have been placed on the ‘sell’ list of the latest Income Study, due to their extremely large sizes and concentrated, defensive stock positions.

Equity income: home is where the heart is?

It is time to start looking to the likes of the US in the search for income, or are investors better off staying at home?  

Newton restructure sees Frikkee lose Higher Income fund

Newton Investment Management’s Richard Wilmot is taking on the reins of the firm’s Growth fund, as Tineke Frikkee is in discussion with the company about her future at the company.

Newton’s Frikkee raises cash to Lehmans level on valuation fears

Newton's Tineke Frikkee has lifted the cash position in her £2.2 billion income fund close to the 9% it hit in September 2008 in the aftermath of the Lehmans collapse.   

Newton's Frikkee sees miners and banks underweight aid returns

Newton Higher Income manager Tineke Frikkee saw a tough first quarter turn into a very strong second one as her long term underweights to low yielding banks and basic materials paid off in the renewed bout of risk aversion.

Nichols takes on Newton's Bridge fund

The firm has chosen Simon Nichols to head up the £314.7 million Newton Bridge fund, replacing Caroline Tye who was recently appointed head of the firm's private client business.

...more...

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