020 7189 9999

Mon to Fri 7.45am - 6.00pm
Sat 9.30am - 1.30pm

Bestinvest
Fund search

STANDARD LIFE UK EQUITY HIGH INCOME R - Fund overview

Bestinvest rating 2 stars


Overview of STANDARD LIFE UK EQUITY HIGH INCOME R

The aim of this fund is to produce an above average level of income as well as capital growth. The fund's manager, Karen Robertson, follows a house process that aims to identify change ahead of the market. The process utilises this proprietary house model as well as incorporating the manager's own skills. The fund provides exposure to large and mid cap UK stocks producing above average income. The yield target on the fund is 110% of that of the FTSE All Share.

Standard Initial Charge

4.00% 0.00%

Invest via Bestinvest to save 4.00%
Buy as ISA  |  Buy as Unit Trust

Fund summary

Sector  UK Equity Income
Product type  OEIC
Launched  May, 1986
Size  £704m
Yield 4.1%
Charging basis  CAPITAL
Dividends paid  30/4, 31/10.
Bid price(inc) 66.95p
Bid price(acc) 152.30p

Fund Charges

Standard Initial charge 4.00%
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


The fund's manager, Karen Robertson, follows a house process that aims to identify change ahead of the market. The process utilises the proprietary quantitative model as well as incorporating the manager's own judgement, which has proven effective historically but has failed to add value in the period since the financial crisis of 2008-9. The manager has struggled to adapt to these changed conditions and we don't have conviction that this process can add superior outperformance going forward.

Portfolio

standard life uk equity high income r asset allocation illustration
Allocation Proportion
Equity 97%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 3%
standard life uk equity high income r equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
standard life uk equity high income r equity capitalisation illustration
Allocation Proportion
Large Caps 58%
Mid Caps 28%
Small Caps 14%

Investment process


The objective of this fund is to provide capital appreciation with an above average level of income. The income requirement is at least 110% of the FT All Share. To achieve these targets the fund invests in an actively managed portfolio of UK equities, predominantly high yielding equities. The key to the investment process is to identify earnings upgrades ahead of the market and valuation anomalies. A proprietary stock ranking tool, which utilises 12 factors, is initially used to identify potential investments. Prospective investments are then considered on fundamental grounds with the manager favouring companies which are cash generative, trading ahead of expectations and have solid management. The fund also benefits from a well resourced UK Equity team.

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. Any yields quoted cannot be taken as a reliable indicator 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. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

Version: 4.0.43