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Royal London UK Equity Income

Ranked 57 out of 107 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

Martin Cholwill

Martin Cholwill joined RLAM in February 2005 to focus solely on managing the Royal London Equity Income Fund. He began his fund management career in 1983, spending 21 years working for AXA Investment Managers, managing a wide variety of UK equity mandates. In 1996 he took over managing AXA’s UK Equity Income Fund which he ran successfully. Cholwill’s proven and pragmatic investment approach have delivered strong, consistent performance for investors throughout the several market cycles of his over 32 year career. He has a degree in Mathematics from the University of Durham.

Objective

The investment objective of the Fund is to achieve a combination of income and some capital growth by investing mainly in UK higher yielding and other equities, as well as convertible stocks. The Fund may hold transferable securities, (including Exchange Traded Funds which are closed ended funds, but not those which are collective investment schemes), government and public securities, deposits and cash (for the purposes of EPM and redemption of units). It may also hold derivatives for the purposes of EPM only.

Performance

UK Equity Income over : 31/07/2014 - 31/07/2015

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 4.4% -1.8%
2014 6.7% 2.6% -0.3% -0.4% 4.8%
2013 34.6% 12.6% 1.5% 8.7% 8.4%
2012 21.3% 9.6% -1.5% 7.3% 4.7%
2011 -1.4% 1.9% 2.4% -11.1% 6.4%
2010 18.0% 5.1% -9.0% 13.8% 8.4%
2009 26.3% -11.7% 11.7% 22.7% 4.3%
2008 -27.8% -10.8% -4.4% -9.7% -6.3%
2007 1.2% 2.0% 2.2% -2.0% -0.9%
2006 20.2% 9.0% -2.3% 4.8% 7.7%
2005 20.4% 3.9% 4.8% 5.6% 4.7%
2004 13.9% 0.3% 2.6% 3.9% 6.5%
2003 15.9% -5.3% 10.9% 2.8% 7.4%
2002 -14.6% 4.3% -8.5% -13.8% 3.8%
2001 -9.2% -7.3% 3.9% -13.5% 9.1%
2000 -3.0% -6.3% 1.8% -0.4% 2.0%
1999 15.8% 7.0% 2.1% -5.4% 12.0%
1998 12.3% 13.6% -0.8% -12.0% 13.3%
1997 25.2% 6.4% 3.8% 13.4% -0.1%
1996 16.9% 3.4% 1.4% 7.2% 3.9%
1995 4.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2015

Top 10 Holdings

Stock Size
HSBC Holdings PLC ORD 4.87
Aviva PLC ORD 4.46
GlaxoSmithKline PLC ORD 4.37
British American Tobacco PLC ORD 4.27
AstraZeneca PLC ORD 4.24
Royal Dutch Shell Plc B ORD 4.03
Rio Tinto PLC ORD 3.41
BP PLC ORD 2.75
3i Group PLC 2.68
United Utilities Group PLC ORD 2.66
31/05/2015

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date11/04/1984
  • Share Class size1,761Mn
  • Base currencyGBP
  • ISIN GB00B67N8655

Purchase Info

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

Charges

  • Annual management1.3%
  • Initial investment4

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