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IGNIS ARGONAUT EUROPEAN ENHANCED INCOME A - Fund overview

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Overview of IGNIS ARGONAUT EUROPEAN ENHANCED INCOME A

Bestinvest research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. IGNIS ARGONAUT EUROPEAN ENHANCED INCOME A does not fall into either of these categories at present.

Standard Initial Charge

5.25% 0.00%

Invest via Bestinvest

to save 5.25%

Fund summary

Sector  Europe Excluding UK
Product type  UNIT TRUST
Launched  April, 2010
Size  £59m
Yield 7.5%
Charging basis  Capital
Dividends paid  31/3, 30/6, 30/9, 31/12
Bid price(inc) 79.18p
Bid price(acc) 91.18p

Fund Charges

Standard Initial charge 5.25%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.59%
Reduction in yield (10yr) 1.59%

Bestinvest says


No information available.

Portfolio

ignis argonaut european enhanced income a asset allocation illustration
Allocation Proportion
Equity 100%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash
ignis argonaut european enhanced income a equity geographic illustration
Allocation Proportion
UK
Europe 100%
Nth America
Japan
Pacific
Other Equity
ignis argonaut european enhanced income a equity capitalisation illustration
Allocation Proportion
Large Caps 74%
Mid Caps 14%
Small Caps 12%

Investment process


The Fund aims to provide a high income with some long term capital growth in sterling terms by investing in a concentrated portfolio of approximately 30 to 55 stocks of companies incorporated in Europe (excluding the UK).

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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