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River and Mercantile UK Equity Income

Ranked 73 out of 105 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

Daniel Hanbury

Dan Hanbury graduated from Loughborough University in 1996 with a 1st Class Honours Degree in Mechanical Engineering. He began his career at Schroder Investment Management on the UK Fund Management desk before joining the research department for two years as an analyst. He joined Investec Asset Management in 2000 and was responsible for the UK Small Companies Fund and the UK Alpha/Unconstrained Portfolios. Dan joined River and Mercantile as a founding partner in 2006 and is focused on managing the UK Income, UK Unconstrained and UK Smaller Companies strategies.

Objective

The investment objective of the Fund is to generate a rising level of income combined with the potential for capital growth. The Fund will achieve its investment objective through investing in a portfolio which shall primarily consist of UK equities, however, it may also invest in other instruments such as government gilts, corporate fixed income securities and convertibles.

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 -1.1% 0.8% -0.6% -1.2% -0.1%
2013 28.6% 10.2% 1.4% 7.1% 7.5%
2012 19.4% 7.6% -3.5% 8.6% 6.0%
2011 -6.5% 1.3% 0.2% -13.6% 6.7%
2010 16.5% 5.9% -10.0% 13.3% 7.9%
2009 46.4% 1.0% 14.4% 23.4% 2.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/11/2009

Top 10 Holdings

Stock Size
HSBC Holdings PLC 7.76
BP Plc 7.72
Vodafone Group Plc 5.89
GlaxoSmithKline PLC 5.75
Rio Tinto PLC 3.71
Royal Dutch Shell Plc B 3.49
British American Tobacco PLC 3.46
Barclays PLC 3.29
BHP Billiton PLC 3.23
AstraZeneca PLC 2.98
30/11/2009

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date03/02/2009
  • Share Class size21Mn
  • Base currencyGBP
  • ISIN GB00B3KQG330

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment500

Charges

  • Annual management1.5%
  • Initial investment5.25

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UK Equity Income manager Richard Staveley has increased exposure to companies with large pension deficits, which could benefit from a potential government move to lift the discount rate and lower liabilities.

Looking beyond UK blue chips for income

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