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Threadneedle UK Equity Alpha

Ranked 24 out of 106 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

Leigh Harrison

Leigh Harrison adopts a bottom-up approach to stockpicking. A member of the Securities Institute, Harrison graduated from Nottingham University with a BA in Geography in 1980 and went on to complete an MSC in Surveying and Photogrammetry at University College, London, a year later. Harrison's first financial post was with stockbroker Rowan Dartington. Two years later he joined Hill Samuel, where he spent 12 years managing a wide range of UK equity portfolios, including financial, growth, income and smaller companies. He was a director of institutional investment at Hill Samuel when he moved to Sun Life of Canada in 1994 to head the group's UK equity team prior to the firm's acquisition by Credit Suisse (CSAM) in 2001. Harrison joined Threadneedle in 2005 and now heads their UK retail investment division. He took charge of the Threadneedle UK Equity Income fund in February 2006.

Richard Colwell

Richard Colwell was born in Stafford, and attended Bangor University where he obtained a degree in Banking & Finance. Richard started his career at the Bank of England in 1990 and joined B2W in 1994. In late 1994 he joined Schroder Investment Management, and in 2002 he moved to Credit Suisse Asset management before joining Aviva Investors in 2007 where he ran the Aviva Investors UK Income & Growth fund. In 2010 Richard joined Threadneedle and runs the Threadneedle Managed Income, Monthly Extra Income, UK Growth & Income and UK Overseas Earnings funds. He holds the IIMR from the Chartered Institute of Bankers and is an associate member of the UKSIP and a member of the Association of Chartered Institute of Banks (CIB). Outside of fund management, he enjoys rugby, football and music.

Objective

The investment objective of the UK Equity Alpha Income Fund is to achieve a reasonable and growing income with the prospects of capital growth from a concentrated portfolio of UK equities.

Performance

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

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 3.0% 1.7% 2.4% -1.1%
2013 31.4% 11.0% 3.5% 8.9% 5.0%
2012 19.7% 8.2% -1.6% 7.4% 4.7%
2011 2.5% 2.6% 3.3% -9.7% 7.1%
2010 16.6% 5.9% -8.4% 11.3% 8.1%
2009 14.7% -11.1% 7.3% 19.2% 0.8%
2008 -21.9% -9.2% -2.6% -6.1% -5.9%
2007 8.4% 1.6% 4.1% -1.9% 4.6%
2006 18.2% 2.5% 5.5% 9.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2014

Top 10 Holdings

Stock Size
Royal Dutch Shell Plc B ORD 6.13
AstraZeneca PLC ORD 6.10
GlaxoSmithKline PLC ORD 5.08
Legal & General Group PLC ORD 5.07
Imperial Tobacco Group PLC ORD 4.97
BAE Systems PLC ORD 4.95
National Grid PLC ORD 4.86
Pearson PLC ORD 4.37
Aviva PLC ORD 3.48
National Express Group PLC ORD 3.26
30/04/2014

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. France
  5. Germany
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Portugal
  10. Spain
  11. United Kingdom

Fund Info

  • Launch date08/05/2006
  • Share Class size752Mn
  • Base currencyGBP
  • ISIN GB00B12WJY78

Purchase Info

  • Min. initial investment2,000
  • Min. additional investment500

Charges

  • Annual management1.5%

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The 10 managers who conquered 10 ferocious years in Citywire ratings: Leigh Harrison

Leigh Harrison is one of Britain’s foremost investors in UK shares, in particular income stocks. He built his record at Credit Suisse Asset Management but it is at Threadneedle that he has the most observable impact on the whole range of equity fund performance. He is head of equities but retains personal fund management responsibilities.

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