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RWC Income Opportunities B GBP

Ranked 74 out of 80 in - Global 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.

Objective

To provide superior long term capital growth by investing primarily in a portfolio of global 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 companies that are listed on a global stock market. The Sub-Fund may also invest and gain exposure to fixed income instruments, including emerging market and sub-investment grade debt, and convertible securities.

Showing fund performance in United Kingdom View performance globally

Performance

Global Equity Income over : 31/07/2015 - 31/07/2016

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 0.2% 6.9%
2015 1.9% 4.0% -3.5% -2.4% 4.0%
2014 5.2% 3.2% 1.6% -0.4% 0.8%
2013 19.1% 10.3% 1.0% 2.7% 4.0%
2012 9.1% 4.7% 2.0% 3.2% -1.0%
2011 -1.8% 1.6% 2.9% -11.0% 5.6%
2010 -3.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2016

Top 10 Holdings

Stock Size
GBP Cash 18.64
United Kingdom 4.000% 07-Sep-2016 8.64
US Treasury 3.250% 31-Jul-2016 5.04
Johnson & Johnson ORD 4.88
Merck & Co Inc ORD 4.51
Pfizer Inc ORD 4.38
GlaxoSmithKline PLC ORD 4.27
Microsoft Corp ORD 3.60
Sky PLC ORD 3.38
RSA Insurance Group PLC ORD 3.25
31/05/2016

Registered For Sale In

  1. Luxembourg
  2. Sweden
  3. United Kingdom

Fund Info

  • Launch date30/09/2010
  • Share Class size22Mn
  • Base currencyGBP
  • ISIN LU0542758205

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0

Charges

  • Annual management0.80%

Related News

Absolute return duo Allwright & Frost leave RWC Partners

The absolute return fund management team of Peter Allwright and Stuart Frost has left RWC Partners.

RWC’s Ian Lance: beware the stampede to income

Ian Lance, co-manager of the RWC Income Opportunities fund, believes investors getting caught up in the rush for income risk loading up on low quality companies that are unable to sustain dividends.

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