LF Majedie UK Income Class X - Accumulation (GBP)






Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×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: | |||
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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
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Performance
12/12/14 to 12/12/15 | 12/12/15 to 12/12/16 | 12/12/16 to 12/12/17 | 12/12/17 to 12/12/18 | 12/12/18 to 12/12/19 | |
---|---|---|---|---|---|
Annual return | 5.65% | 8.46% | 10.64% | -3.05% | 8.39% |
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 chartOur view on this fund
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 articleMark 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
Security | Weight |
---|---|
ROYAL DUTCH SHELL | 8.52% |
BP | 8.08% |
LEGAL & GENERAL GROUP | 6.09% |
GLAXOSMITHKLINE | 5.96% |
LLOYDS BANKING GROUP | 5.37% |
BAE SYSTEMS | 4.38% |
GOLDMAN SACHS GBP FD NPV | 4.27% |
TESCO | 3.72% |
PEARSON | 3.48% |
TRAVIS PERKINS | 3.29% |
Sector | Weight |
---|---|
Non-Renewable Energy | 16.60% |
Industrial Support Services | 13.19% |
Life Insurance | 9.23% |
Pharmaceuticals, Biotechnology & Marijuana Producers | 9.13% |
Banks | 8.34% |
Personal Care, Drug & Grocery Stores | 7.66% |
Media | 7.47% |
Aerospace & Defence | 6.68% |
Non-Classified | 4.27% |
Non-life Insurance | 4.15% |
Country | Weight |
---|---|
United Kingdom | 86.41% |
Non-Classified | 4.27% |
Switzerland | 3.17% |
Luxembourg | 2.06% |
Ireland | 1.25% |
Spain | 1.05% |
Finland | 1.00% |
Cash and Equiv. | 0.78% |
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 13 December 2019. Data provided by Funds Library, correct as at 31 October 2019.


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.