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Majedie UK Income Class X - Accumulation (GBP)

Sell:198.67p Buy:198.67p Change: 0.04p (0.02%)
Prices as at 17 November 2017
Sell:198.67p
Buy:198.67p
Change: 0.04p (0.02%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 17 November 2017
Sell:198.67p
Buy:198.67p
Change: 0.04p (0.02%)
Prices as at 17 November 2017
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.77%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.77%
There are other unit types of this fund available:
Class X - Income (GBP) (Net ongoing charge 0.77%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 19 December 2011
Sector: UK Equity Income
Fund size: £906 million
Number of holdings: 52
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: BNY Mellon Trust & Depositary (UK) Ltd
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

17/11/12 to 17/11/13 17/11/13 to 17/11/14 17/11/14 to 17/11/15 17/11/15 to 17/11/16 17/11/16 to 17/11/17
Annual return 43.90% 12.42% 8.24% 1.47% 13.89%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The managers seek undervalued companies with a focus on those able to provide a growing level of income; an approach which has served the managers well since the fund's launch in December 2011. The managers have the support of the highly successful Majedie UK Equity Team whose funds have been...

Read more HL research on this fund

Fund Objective

To maintain an attractive yield, whilst outperforming the FTSE All-Share index over the long term

Income Details

Historic yield : 4.62%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 2 January 2018 1 July 2018
Payment date: 28 February 20184 31 August 20184

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 December 2016.

Sector Weight
Oil & Gas Producers 22.05%
Life Insurance 16.94%
Banks 10.35%
Mining 7.49%
Travel & Leisure 5.73%
Gas, Water & Multiutilities 5.72%
Financial Services 5.12%
Media 4.38%
Nonlife Insurance 2.42%
Mobile Telecommunications 2.27%
Country Weight
United Kingdom 82.39%
Spain 2.99%
Norway 2.26%
Canada 2.21%
Australia 1.99%
Non-Classified 1.96%
Ireland 1.78%
Switzerland 1.62%
Direct Property and REITs 1.47%
United States 0.71%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 17 November 2017. Data provided by Funds Library, correct as at 30 September 2017.

FundsLibrary
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

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.