Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Trojan Income

Ranked 13 out of 105 in - UK Equity Income over 12 months
All calculations are in GBP

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.

Performance

UK Equity Income over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 5.7% 3.0% 3.0% -0.3%
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% 3.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2014

Top 10 Holdings

Stock Size
GBP Cash 7.18
Royal Dutch Shell Plc B ORD 4.21
Unilever PLC ORD 4.17
BP PLC ORD 4.07
Imperial Tobacco Group PLC ORD 3.75
GlaxoSmithKline PLC ORD 3.75
National Grid PLC ORD 3.74
HSBC Holdings PLC ORD 3.33
SSE PLC ORD 3.01
AstraZeneca PLC ORD 2.98
31/05/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date30/09/2004
  • Share Class size1,754Mn
  • Base currencyGBP
  • ISIN GB00B01BP176

Purchase Info

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

Charges

  • Annual management1.0%
  • Initial investment5

Related News

Trojan Income

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

Troy to soft close Brooke's £1bn Trojan Income fund

Increased demand for Citywire AA-rated Francis Brooke's fund has seen the group take steps to limit capacity.

A spotlight on James Brearley's private client performance

James Brearley's David Hannis explains why an S&P 500-based structured product proved lucrative this year.

A spotlight on Whitechurch's private client performance

An entry into emerging market debt is on the cards for Whitechurch Securities.

Who is in and who is out in the latest Citywire Selection

After our fourth formal review, Citywire head of research Jonathan Miller talks through the latest ins and outs in Citywire Selection, the guide to our best investment ideas.

...more...

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