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Trojan Income

Ranked 4 out of 106 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Francis Brooke

Born in Dublin in 1963, Francis Brooke was educated at Eton before studying politics at Edinburgh University, and holds the ASIP qualification. His investment career began in 1986 with Kleinwort Benson Securities before moving to Foreign & Colonial Management where he was appointed director in 1995. A period as a director at Mercury Asset Management, during which the company was taken over by Merrill Lynch Investment Managers, ended in 2004 when Francis moved to his current firm, Troy Asset Management, as investment director. At Troy, Francis manages the Trojan Income fund whilst also being responsible for a segregated charity portfolio. Away from the office Francis has a number of sporting interests including golf, shooting, tennis and backgammon.

Objective

The investment objective of the Trojan Income Fund is to provide an above average income with the potential for capital growth in the medium term. The Fund's policy is to invest substantially in UK and overseas equities and fixed interest securities but may also invest in collective investment schemes and money market instruments.

Showing fund performance in United Kingdom View performance globally

Performance

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

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 1.9% 2.6%
2015 11.2% 4.9% 0.6% -0.5% 5.9%
2014 10.5% 3.0% 3.0% -0.3% 4.5%
2013 20.7% 11.6% 0.5% 2.0% 5.5%
2012 10.4% 4.5% 1.6% 4.6% -0.6%
2011 6.8% 1.3% 2.8% -2.9% 5.7%
2010 15.0% 4.3% -6.7% 9.3% 8.1%
2009 15.3% -9.8% 7.0% 13.7% 5.0%
2008 -11.7% -9.1% -2.2% -3.1% 2.5%
2007 5.4% 3.0% 2.8% -2.4% 2.0%
2006 17.3% 5.1% -0.1% 4.8% 6.6%
2005 12.0% 2.2% 3.3% 3.1% 2.9%
2004 3.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2016

Top 10 Holdings

Stock Size
GBP Cash 6.88
Unilever PLC ORD 4.80
Imperial Brands PLC ORD 4.01
Royal Dutch Shell Plc B ORD 3.97
Royal Mail PLC ORD 3.68
GlaxoSmithKline PLC ORD 3.59
Compass Group PLC ORD 3.38
Vodafone Group PLC ORD 3.30
National Grid PLC ORD 3.10
AstraZeneca PLC ORD 3.07
31/03/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date30/09/2004
  • Share Class size2,717Mn
  • Base currencyGBP
  • ISIN GB00B01BP176

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment500

Charges

  • Annual management1.00%
  • Initial investment5

Related News

Troy tops Sanlam equity income study as 8 funds go grey

Francis Brooke's fund replaced Unicorn at the top of the bi-annual study as equity income fund managers faced a host of challenges in the first half.

Trojan Income

How Troy's Francis Brooke is tackling the UK dividend threat

Troy Asset Management’s Francis Brooke admits he is working hard to maintain his fund’s unbroken dividend growth track record in tough market conditions. 

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The Unicorn UK Income fund is top of Sanlam's latest study, while Schroder Income Maximiser slips into the Black List.

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AAA-rated Martin Cholwill's fund is in top spot in Sanlam Private Investments' bi-annual study as Aberdeen finds itself in the doldrums following its Swip buy.

Sanlam cuts Barnett & Artemis pair in major income overhaul

Income funds from Artemis and Invesco are among six ejected from Sanlam's White List, with Standard Life and Rathbones beneficiaries, while Newton and M&G find themselves blacklisted.

Trust Insider: where did it all go wrong for Troy Income?

In price terms, Francis Brooke's trust is the worst performing fund in its sector over the past year and third worst over three years.

Woodford's High Income cut from Citywire Selection: here are some alternatives

We have decided to remove the Invesco Perpetual High Income fund from Citywire Selection, our list of the best investment ideas.

Troy's Brooke: investors still too complacent on risk

Francis Brooke, manager of the £1.3 billion Trojan Income fund, is concerned that investors are becoming too bullish and forgetting about the underlying risks that remain for markets.

Troy launches mirror offshore income fund for Brooke

Troy Asset Management has launched an offshore fund as a feeder fund into Brooke’s soft-closed Trojan Income fund

...more...

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