Elite Bloxham Global Equity Income Accumulation 
Also available as income units
Overview
| Fund manager's initial charge | 5.00% |
|---|---|
| HL initial saving | 5.00% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | No |
| Total Expense Ratio | 1.87% |
| HL annual saving | 0.10% 2 |
| Platform fee | Free |
| Launch date | 14-04-2008 |
| Launch price | £1.00 |
| Sector | Global |
| Fund size | £21.00 million |
| Number of holdings | 45 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
It has been a difficult period for the fund, but Pramit Ghose remains disciplined in his approach, believing that good quality, dividend-paying stocks are likely to outperform the market over the medium term. The fund has exposure to economically sensitive areas, such as industrials, aiming to take maximum advantage of any potential rebound in markets.
About the Fund Manager
Pramit Ghose
Located in: Dublin
Pramit started his career as a fund manager back in 1986 with New Ireland where he was involved in both managing fixed interest and equity portfolios and developing overall investment strategy. In 1991 he moved to Friends First where he successfully created and ran their investment division, and has the distinction of winning a Moneymate fund Manager of the Year Award four years in a row. The Friends First Pension Managed Fund was the only large pension fund to achieve an above average performance over five consecutive years in the 1990s. Pramit was responsible for increasing assets tenfold during this time.
Following the merger of Norwich Union and Hibernian in 2000, Pramit joined Hibernian Investment Managers as Managing Director and Chief Investment Officer to oversee the integration of the Norwich Union and Hibernian investment management operations.
Since joining Bloxham in 2002, Pramit has built a very successful business which today manages over £550m in Global Equity Income Funds. In April 2007 he became Managing Partner of Bloxham further tying him into the future growth and profitability of the firm.
Pramit has been managing Global Equity Income portfolios very successfully for nearly a decade. The current Irish domiciled Bloxham Global Equity Income Fund has outperformed the FT World Index by 23.2% since launch (15th October 2002 to 31st August 2011). The fund has also grown its dividend stream on average by 10% per annum during this time period
Income details
| Historic yield | 3.16% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 31-12-2011.
Distribution dates
| Ex-dividend date | 01 January 2012 |
|---|---|
| Payment date 4 | 30 April 2012 |
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Top 10 holdings
| Exxon Mobil Corp. | 3.56% |
|---|---|
| PepsiCo | 3.28% |
| Pfizer | 3.03% |
| Procter & Gamble Co. | 2.90% |
| Microsoft Corp. | 2.86% |
| BHP Billiton | 2.69% |
| Keppel Corp. | 2.61% |
| United Parcel Service Inc. Cl B | 2.57% |
| Novartis AG | 2.55% |
| United Technologies Corp. | 2.53% |
Top 10 sectors
| General Industrials | 10.24% |
|---|---|
| Oil & Gas Producers | 9.68% |
| Cash and Equiv. | 9.43% |
| Pharmaceuticals & Biotechnology | 9.22% |
| Banks | 7.80% |
| Life Insurance | 5.08% |
| Technology Hardware & Equipment | 4.39% |
| Oil Equipment, Services & Distribution | 4.19% |
| Household Goods & Home Construction | 4.13% |
| Mobile Telecommunications | 4.05% |
Top 10 countries
| United States | 36.12% |
|---|---|
| United Kingdom | 17.45% |
| Cash and Equiv. | 9.43% |
| Singapore | 6.62% |
| Japan | 4.98% |
| Hong Kong | 4.73% |
| Switzerland | 4.13% |
| Germany | 4.13% |
| France | 2.63% |
| Sweden | 2.39% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 09-02-2012. Data as at 31/12/2011.
