Bestinvest Logo
Why us
Planning ahead
Insights
fund

TB Evenlode Global Income B GBP

Bestinvest LogoGlobal equity fund with an attractive yield and a quality focus, run from Oxfordshire-based boutique Evenlode.

PRICE (INC)

134.56p

PRICE (ACC)

149.1p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.85%

ONGOING CHARGE

0.85%

YIELD

2.1%

1 YEAR
7.45%

Prices as at 04 Jul 2022.

Fund commentary last updated 15 Oct 2021.

Past performance is not an indication of future performance.

Capital at risk.

The fund aims to provide both income and capital growth over rolling periods of five years by investing in mainly large-cap international companies. Manager Ben Peters invests in market-leading firms providing value-adding goods and services to their customers, generating high returns on invested capital and with plenty of cash flow. Peters combines a quantitative and qualitative investment process to help him find companies with a good growth story in both the medium and long term. His holdings include consumer goods giant Procter & Gamble, medical devices group Medtronic and tech titan Microsoft.

Fund summary

SectorGlobal Equity Income
StructureOEIC
LaunchedNovember 2017
Size£1,801m
Yield2.1%
Charging BasisCapital
Dividends paidApr, Jul, Oct, Jan

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.85%
Ongoing Charges Figure0.85%

Investment Process

Manager Ben Peters looks to invest in the shares of companies which have market leading positions and sustainable real dividend growth. He takes a quantitative approach looking for companies with high and consistent profitability which the team believes indicates sustainable competitive advantage. Peters also looks for companies with low capital expenditure which means they can fund their own growth and pay those sustainable dividends. Low leverage is another tick in the fund’s box. Peters also looks at qualitative factors including companies with hard to replicate business models and intangible assets such as a strong brand name which creates the perception of uniqueness to customers. A company’s pricing power is also an advantage. This process leaves an investment universe of around 120 stocks after which Peters creates valuation models for each one based on cash flow and return on investment. The final portfolio is concentrated, typically holding between 30 to 50 stocks with the intention being to hold them for the long term.

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