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Threadneedle Global Equity Income

Ranked 28 out of 42 in - Global Equity Income over 12 months
All calculations are in GBP

Managed by

Stephen Thornber

Stephen Thornber was born in Southampton in 1961 and graduated from Plymouth Polytechnic where he studied business studies. He started his career in 1986 at Touche Remnant where he was a technology analyst and in 1987 he joined Aberdeen Fund Managers where he was an analyst and fund manager. Stephen joined Kuwait Investment Office in 1989 where he was a fund manager and in 1993 he joined Threadneedle Investments where he is currently a fund manager of global equity funds. Stephen has been managing funds for over 23 years and is a member of UKSIP. Outside of fund management he enjoys golf, skiing, cycling, classic cars and cinema and theatre.

Objective

The aim of the Fund is to provide income with the potential to grow the amount you invested as well. The Fund invests at least two-thirds of its assets in shares of companies worldwide.

Performance

Global Equity Income over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 1.4% -0.3% 1.7% -0.1%
2013 21.6% 18.6% -1.1% 0.7% 3.0%
2012 10.5% 5.4% -1.6% 4.5% 2.0%
2011 -3.9% 0.6% 1.4% -12.0% 7.1%
2010 23.6% 7.1% -8.0% 12.0% 12.0%
2009 19.1% -10.0% 4.7% 19.9% 5.4%
2008 -18.9% -7.6% -4.9% -7.7% 0.0%
2007 2.3% 2.3% 0.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2014

Top 10 Holdings

Stock Size
GBP Cash 2.56
Total SA ORD 2.08
Unilever NV DR 1.63
Royal Dutch Shell PLC ORD 1.62
ConocoPhillips ORD 1.56
Lorillard Inc ORD 1.53
Philip Morris International Inc ORD 1.53
HSBC Holdings PLC ORD 1.51
HollyFrontier Corp ORD 1.51
AstraZeneca PLC ORD 1.49
30/04/2014

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. France
  5. Germany
  6. Hong Kong
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Portugal
  11. Singapore
  12. Spain
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date27/06/2007
  • Share Class size1,431Mn
  • Base currencyGBP
  • ISIN GB00B1YW3W13

Purchase Info

  • Min. initial investment2,000
  • Min. additional investment0

Charges

  • Annual management1.5%
  • Initial investment3.75

Related News

Threadneedle lands £150m equity income mandate

Welsh pension fund reallocates existing UK and European investments into strategy overseen by Citywire + rated manager Stephen Thornber.

Threadneedle’s global man sees divi potential in US financials & shale

Jonathan Crown, co-manager of the firm's Global Equity Income fund, sees plenty of income opportunities in the US, and is playing the financial sector deleveraging and the shale gas boom.

Is it time to play the 'nearshoring' boom?

A series of leading fund managers believe the trend towards  nearshoring production back from emerging to developed markets has much further to go.

How Threadneedle’s Thornber is playing bank deleveraging

Private equity and Japanese Reits have proved surprise performers for A-rated Stephen Thornber, manager of the Threadneedle Global Equity Income fund.

Threadneedle's Thornber: copper and coal a better bet than oil

The firm's resources specialist believes commodities such as copper and coal offer a better way to exploit the economic recovery. 

Can BG Group continue to warm equity income fund managers?

Despite a fall in profits earlier this year, BG remains a core holding among equity income managers. But can the low yielding stock justify its place if oil and gas prices stay low?

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