fund

M&G HIGH INCOME - CAPITAL SHARES

Invests predominantly in large cap, high yielding UK equities.

PRICE (INC)

0.04p

PRICE (ACC)

-

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

1%

ONGOING CHARGE

1%

YIELD

0%

1 YEAR

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Prices as at 17 Mar 2017.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

This trust invests principally in high yielding large cap UK equities, though the portfolio will also include smaller stocks and some fixed interest securities. On winding-up (on 17th March 2017) holders are entitled to any revenue remaining once the entitlements of the Income shareholders and Zero Dividend Preference shareholders have been met.

Fund summary

Sector	UK Equity and Bond Income
Structure	X-INVESTMENT TRUST
Launched	March 1997
Size	£2,015m
Yield	0%
Dividends paid

Charges

Standard Initial Charge	0%
Initial Charge Via BestInvest	0%
Additional Bid/Offer Spread	0%
Annual Management Charge	1%
Ongoing Charges Figure	1%

Investment Process

The company's investment policy is to achieve an above average and increasing income over its 20 year life while at the same time seeking to achieve capital growth. The company's portfolio comprises mainly high yielding shares of UK companies listed on the London Stock Exchange. Most of the portfolio will consist of FTSE 100 stocks, though typically 10-25% will be invested in stocks outside this index and around 15% will be invested in fixed interest securities. The fixed interest allocation may include both gilts, investment grade corporate bonds (including convertibles) and preference shares.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning