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LF Majedie UK Income Class X - Accumulation (GBP)

Sell:205.23p Buy:205.23p Change: 0.29p (0.14%)
Prices as at 16 October 2019
Sell:205.23p
Buy:205.23p
Change: 0.29p (0.14%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 16 October 2019
Sell:205.23p
Buy:205.23p
Change: 0.29p (0.14%)
Prices as at 16 October 2019
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): 0.65%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.65%
There are other unit types of this fund available:
Class X - Income (GBP) (Net ongoing charge 0.65%)

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: £543 million
Number of holdings: 34
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

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Performance

16/10/14 to 16/10/15 16/10/15 to 16/10/16 16/10/16 to 16/10/17 16/10/17 to 16/10/18 16/10/18 to 16/10/19
Annual return 22.92% 1.45% 11.06% -0.01% 2.38%

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

HL Research

Mark Wharrier has a lot of experience working on equity income funds and has the support of the Majedie UK team. We think this is a good thing, but we'd like to see how he'll run the fund and whether he'll make significant changes to the team's investment process.

For this...

Our latest article

Mark Wharrier took responsibility for this fund in November 2018. In this update, we find out what sort of companies he invests in and share our view on the fund's prospects.

Fund Objective

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

Income Details

Historic yield : 4.93%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 2 January 2020 1 July 2020
Payment date: 28 February 20204 31 August 20204

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 July 2019.

Security Weight
ROYAL DUTCH SHELL 9.39%
BP 8.46%
LEGAL & GENERAL GROUP 5.87%
GLAXOSMITHKLINE 5.76%
LLOYDS BANKING GROUP 5.23%
AVIVA 4.40%
PEARSON 4.18%
BAE SYSTEMS 3.92%
GOLDMAN SACHS GBP FD NPV 3.89%
TESCO 3.87%
Sector Weight
Non-Renewable Energy 17.85%
Industrial Support Services 12.40%
Life Insurance 11.03%
Media 10.15%
Banks 9.17%
Pharmaceuticals, Biotechnology & Marijuana Producers 8.57%
Aerospace & Defence 6.66%
Personal Care, Drug & Grocery Stores 6.62%
Non-Classified 3.89%
Non-life Insurance 3.41%
Country Weight
United Kingdom 91.06%
Non-Classified 3.89%
Switzerland 2.82%
Ireland 2.21%
Luxembourg 1.94%
Direct Property and REITs 0.69%
Cash and Equiv. -2.61%

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 16 October 2019. Data provided by Funds Library, correct as at 31 July 2019.

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.