A core UK income portfolio with more defensive characteristics.
Prices as at 01 Jul 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
|Sector||UK All Companies|
|Dividends paid||28 Feb, 31 Aug|
|Standard Initial Charge||5%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0%|
|Annual Management Charge||0.87%|
|Ongoing Charges Figure||0.87%|
The fund invests in companies of all sizes, but the bulk of the portfolio will consist of FTSE 100 and FTSE 250 stocks. Barnett also takes advantage of the IA rules that allow him to invest up to 20% of the fund overseas. He initially shapes his portfolio through a top down view which is combined with fundamental analysis at the stock level focusing on balance sheets and cash flows. There are no rigid yield criteria, though Barnett prefers companies on reasonable yields offering dividend growth. He also favours companies with visibility of earnings, often backed by barriers to entry, so the fund often has significant weights, relative to its peers, in more defensive sectors such as healthcare, tobacco and utilities. The portfolio includes around 5% in unquoted shares - these are generally sourced via technology transfer companies, which commercialise universities' intellectual property.
Past performance is not a guide to future performance. View full risk warning