F&C HIGH INCOME - Fund overview
No Bestinvest rating
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Overview of
F&C HIGH INCOME
This fund aims to provide investors with an annual yield of UK base rate plus 2%, payable monthly. The portfolio comprises 70% bonds / 30% equities, supplemented by a derivatives overlay to boost income and capital returns. Though the fund targets long term capital preservation, it has experienced some substantial drawdowns over its history.
Fund summary
| Sector |
UK Equity and Bond Income
|
| Product type |
UNIT TRUST
|
| Launched |
January, 1993
|
| Size |
£192m
|
| Yield |
5.7%
|
| Charging basis |
INCOME
|
| Dividends paid |
28th of each month.
|
| Bid price |
17.61p |
Fund Charges
|
Standard Initial charge
|
5.00%
|
|
Initial charge via Bestinvest
|
0.00%
|
|
Additional bid/offer spread
|
0.48%
|
|
Annual management charge
|
1.50%
|
|
Total expense ratio
|
1.69%
|
|
Reduction in yield (10yr)
|
1.74%
|