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RWC Enhanced Income

Ranked 37 out of 109 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Ian Lance

Ian Lance was born in Croydon, London in 1966. He attended Loughborough University where he gained a degree in economics with economic and social history. Ian started his career in 1989 with Sun Alliance before joining Legal and General in 1990. He moved to Gartmore in 1995 and after five years he joined Citigroup. Ian joined New Star in 2005, and two years later moved to Schroders. He currently works at RWC having joined in September 2010. Ian has been managing funds for well over 20 years. Outside of fund management he enjoys rugby and walking.

Nicholas Purves

Nicholas Purves describes his value-based investment style as ‘fundamentalist’. Appropriately for a geology graduate from Bristol University, Purves says he adopts a ‘bottom-up’ strategy on his funds, searching for investment opportunities wherever they occur. This contrasts with other managers who employ the ‘top-down’ technique of identifying attractive business sectors before selecting the best stocks in those areas. Purves started out at Schroders as an analyst before moving over to the fund management team. He currently works at RWC basing his investments on a strategy that seeks companies that are undervalued by the market despite having a strong franchise and a healthy balance sheet. Born in Cambridge in 1967, Purves is also a qualified chartered accountant.

John Teahan

Objective

To provide superior long term capital growth by investing primarily in a portfolio of UK companies. At least 67% of the Sub-Fund's total assets (excluding cash and cash equivalents) will be invested in equity and equity linked securities of UK companies that are listed on a global stock market. Equity exposure may be achieved through investment in shares, depository receipts, warrants and other participation rights and through investment in convertible securities, index and participation notes and equity linked notes.

Showing fund performance in United Kingdom View performance globally

Performance

UK Equity Income over : 31/10/2015 - 31/10/2016
  • Rank 37/109 Total Return
  • Rank 3/109 Standard Deviation
  • Rank 8/109 Max Drawdown
Fund Name Currency Return
35 Henderson UK Strategic Income GBP

8.1%

36 Threadneedle UK Equity Income Ret Net Inc GBX GBP

8.0%

37 RWC Enhanced Income B GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

7.8%

38 M&G Dividend A Inc GBP

7.7%

39 Rathbone Blue Chip Income & Growth Inc GBP

7.7%

Fund Name Currency Risk
1 VT Odd Real Income GBP A Acc GBP

3.8

1 Stonehage Fleming UK Equity Income GBP

3.8

3 RWC Enhanced Income B GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

3.9

4 Trojan Income Feeder O GBP Inc GBP

4.8

5 Trojan Income O Acc GBP

4.9

Fund Name Currency Loss
6 VT Odd Real Income GBP A Acc GBP

-2.0%

7 Old Mutual Newton UK Income A Inc GBP

-2.0%

8 RWC Enhanced Income B GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.2%

9 Investec UK Equity Income I Inc 2 GBP GBP

-2.5%

10 Jupiter Income Trust GBP

-2.5%

Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 -0.2% 3.4% 3.1%
2015 0.8% 2.5% -2.8% -1.2% 2.4%
2014 3.0% 1.7% 0.9% -0.3% 0.6%
2013 12.6% 7.6% 0.7% 0.9% 3.1%
2012 11.1% 5.6% 0.9% 2.7% 1.6%
2011 -4.4% 0.7% 2.8% -12.0% 5.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2016

Top 10 Holdings

Stock Size
GBP Cash 12.97
United Kingdom 0.000% 15-Aug-2016 9.07
GlaxoSmithKline PLC ORD 4.95
Unilever PLC ORD 4.44
Sky PLC ORD 3.77
Microsoft Corp ORD 3.71
Merck & Co Inc ORD 3.71
Pfizer Inc ORD 3.70
Next PLC ORD 3.66
Legal & General Group PLC ORD 3.60
31/05/2016

Registered For Sale In

  1. Luxembourg
  2. Sweden
  3. United Kingdom

Fund Info

  • Launch date13/10/2010
  • Share Class size14Mn
  • Base currencyGBP
  • ISIN LU0542757652
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0

Charges

  • Annual management0.80%

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