Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Threadneedle UK Equity Income Ret Net Inc GBX

Ranked 21 out of 105 in - UK Equity Income over 12 months
All calculations are in GBP

Managed by

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.

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.

Objective

The fund will seek to achieve an above average rate of income combined with sound prospects for capital growth. The fund will invest primarily in UK equities. It may, however, invest in other securities, such as convertibles and gilts.

Performance

UK Equity Income over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 1.0% 3.1% -1.2%
2013 29.0% 10.7% 2.3% 7.1% 6.3%
2012 16.6% 7.9% -1.3% 6.5% 2.8%
2011 1.0% 1.8% 3.5% -10.5% 7.0%
2010 16.7% 6.3% -8.7% 11.3% 8.0%
2009 18.2% -10.7% 8.4% 19.8% 2.0%
2008 -22.7% -9.4% -2.0% -8.5% -4.9%
2007 7.9% 1.8% 3.2% -0.4% 3.1%
2006 19.4% 8.7% -2.2% 4.6% 7.4%
2005 20.3% 3.0% 4.7% 6.8% 4.5%
2004 14.7% 2.5% 2.5% 1.6% 7.5%
2003 17.3% -6.9% 12.6% 4.7% 7.0%
2002 -19.2% 4.1% -9.7% -16.1% 2.4%
2001 -6.0% -5.5% 4.4% -13.2% 9.7%
2000 2.0% -3.4% 1.6% 1.4% 2.5%
1999 13.3% 5.5% 3.2% -5.4% 10.1%
1998 10.7% 14.7% -1.0% -11.6% 10.3%
1997 27.0% 4.8% 6.3% 14.0% 0.0%
1996 16.8% 1.7% 2.7% 6.5% 5.0%
1995 5.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
AstraZeneca PLC ORD 5.96
GlaxoSmithKline PLC ORD 4.48
BT Group PLC ORD 4.35
Royal Dutch Shell Plc B ORD 3.93
Legal & General Group PLC ORD 3.70
Imperial Tobacco Group PLC ORD 3.58
Unilever PLC ORD 3.17
National Grid PLC ORD 2.85
BAE Systems PLC ORD 2.77
Centrica PLC ORD 2.64
31/08/2014

Registered For Sale In

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

Fund Info

  • Launch date30/09/1985
  • Share Class size3,273Mn
  • Base currencyGBP
  • ISIN GB0001448900

Purchase Info

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

Charges

  • Annual management1.5%
  • Initial investment3.75

Related News

TR Property Investment Trust

Threadneedle UK Equity Income

Hargreaves Lansdown reveals the 27 super clean funds on 150+

Hargreaves Lansdown has revealed the 27 heavily discounted funds on its 150+ list, which is says has slashed investment fund pricing by 24%.

SLI tops fund sales league table as M&G falls out of top 10

Standard Life Investments won the fund retail sales battle in 2013, replacing M&G which fell out of the top 10.  

'Amazonian' Cineworld may offer 30% upside

Analysts are paying close attention to Cineworld's ambitious growth strategy, saying that if successful shares have the potential to explode into life.

A spotlight on Brooks Macdonald's private client performance

A focus on convertibles and high yielding stocks has helped keep the group’s performance ahead of its peers, says Brooks Macdonald director Richard Spencer.

Down the Line: Wealth managers grill Leigh Harrison of Threadneedle

Top wealth managers dial into the Citywire TV studio to grill Threadneedle head of equities Leigh Harrison on the markets.

Threadneedle promotes Simon Brazier to UK equity head

The asset manager has promoted Simon Brazier to head of UK equities, allowing Leigh Harrison more time to focus on his role as overall head of equities at the firm.

Citywire Selection Review: Who made the cut

The Citywire Selection team has announced the latest changes to their recommended investments. See who has made the cut.

Threadneedle's Harrison: UK will rebound in first quarter

Threadneedle’s head of equities Leigh Harrison admits the UK GDP figures for the fourth quarter of 2010 were a shock to the system but he expects the economy to bounce back strongly in the first quarter.

...more...

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