Estimated 3.9% yield at launch (not guaranteed
UK Income Shares
and not a reliable indicator of future income)
NEW FUND LAUNCH
We believe investing in dividend paying companies is one of the most powerful ways to grow long-term wealth. For income, the attraction is clear. But dividends are just as valuable for growth, as reinvesting dividends has significantly boosted returns over the long term. Remember past performance is not a guide to the future and investors could get back less than they invest.
We are free to invest in large, medium or higher-risk smaller companies to find those that, we believe, have the most potential. We aim to hold about 30 companies, spread across 15 sectors, so each can make a real impact on returns, though it also increases risk compared to a more diversified approach. That’s why we focus so much on financial strength, as well as dividend potential.
Income from the fund will be paid monthly. Investors can choose to have this automatically rolled back into the fund, by choosing accumulation units, or receive the dividends each month by choosing income units. We aim to provide a consistent dividend payment each month.
The estimated (annual) yield of 3.9% is based on the historic yield of our expected portfolio for investors buying the fund at launch. It is not guaranteed or a reliable indicator of future income. Charges can be taken from capital, which increases the yield but reduces the potential for capital growth.
The first income payment will be made into Vantage accounts on 30 April to investors who hold the fund at the valuation point on 31 March.
(Not guaranteed or a reliable indicator of future returns)
Net initial charge (only available from HL)
Fixed ongoing fund charge (OCF/TER)
Maximum HL Vantage charge
Maximum overall charge
The ongoing charge is fixed and taken directly from the fund. This covers the management of the fund and all expenses other than transactional fees, which are incurred by all funds when shares are bought or sold. The Vantage charge is our platform charge which won't be over 0.45%. Both of these charges will be payable if you want to hold the fund with HL, amounting to a maximum of just 1.05% in total. See our charges
NEW FUND LAUNCH