JO Hambro UK Equity Income Class B Income 
Also available as
accumulation units
Charges and savings
| Fund manager's initial charge | 5.00% |
|---|---|
| HL saving on initial charge | 5.00% |
| HL Dealing charge | Free |
| Net initial charge | 0.00% |
| Fund manager's annual charge | 1.25% |
| HL Annual saving (loyalty bonus) | 0.125% 2 |
| Net Annual charge | 1.125% |
| Fund manager's other expenses | 0.06% |
| Performance fee | Yes View risks |
| HL Platform charge | Free |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above. Further details available in the HL guide to fund prices, savings and yields.
Other information
| Launch date | 30-11-2004 |
|---|---|
| Launch price | £1.00 |
| Sector | UK Equity Income |
| Fund size | £1,794 million |
| Number of holdings | 62 |
| Fund type | OEIC |
| Type of units | Income |
Invest online now
Before you invest please read the documents below.
HL research - our view on this fund
Though the fund maintains its bias towards more economically-sensitive areas, some companies appear less attractively-valued following the recent market rally. The managers have therefore added exposure to more defensive areas of the market; though they remain highly selective given the popularity of defensive sectors in recent years. Clive Beagles and James Lowen favour areas where they believe the attention of investors is much lower, such as bus and rail, and telecommunications firms. They continue to focus on companies with sound balance sheets and low levels of debt. The fund's performance has been exceptional over the past year, although this is not a guide to the future.
About the Fund Manager
James Lowen
Located in: London
James Lowen co-manages the JOHCM UK Equity Income Fund, alongside Clive Beagles. James is a qualified Chartered Accountant and joined Newton Investment Management in 1998 as a member of their Research Department. At Newton, he was an Investment Director, a member of the UK Policy Group (responsible for setting UK equity strategy) and the investment committee, and was Investment Leader for corporate governance issues. James holds a first class degree in Economics from the University of Exeter and is an associate member of the Institute of Investment Management and Research.
1 of 2 
Income details
| Historic yield | 3.86% |
|---|---|
| Income paid | Quarterly |
| Type of payment | Dividend |
All yields are variable and not guaranteed. Information as at 30-04-2013.
Top 10 holdings
| HSBC Holdings PLC (UK Reg) | 7.81% |
|---|---|
| Royal Dutch Shell B | 7.17% |
| BP | 6.85% |
| GlaxoSmithKline | 5.37% |
| Tesco | 3.01% |
| Standard Life | 2.92% |
| Legal & General Group | 2.88% |
| Centrica | 2.74% |
| Smith (DS) | 2.61% |
| ITV | 2.59% |
Top 10 sectors
| Oil & Gas Producers | 14.02% |
|---|---|
| Financial Services | 10.20% |
| Media | 7.87% |
| Banks | 7.81% |
| Life Insurance | 7.36% |
| Travel & Leisure | 6.53% |
| Pharmaceuticals & Biotechnology | 5.37% |
| Nonlife Insurance | 5.10% |
| Food & Drug Retailers | 4.51% |
| General Industrials | 3.37% |
Top 10 countries
| United Kingdom | 96.67% |
|---|---|
| Direct Property and REITs | 2.28% |
| Cash and Equiv. | 0.76% |
| Netherlands | 0.30% |
| Non-Classified | 0.00% |
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 (loyalty bonus) only available on holdings worth over £1,000. Loyalty bonuses in the Vantage Fund & Share Account are paid net of basic rate tax. Loyalty bonuses in the Vantage ISA and SIPP are tax-free and paid gross.
4 If you elect to receive the income from a Vantage ISA or Vantage Fund & 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 17-06-2013. Data as at 30/04/2013.
