Elite Income Trust

Ranked 214 out of 395 in - Balanced GBP over 12 months
All calculations are in GBP unless stated

Managed by

Duncan Carmichael-Jack

Duncan Carmichael-Jack began his investment career at JP Morgan in 1991; however it wasn’t until 1994 when he joined Credit Suisse that he became a fund manager. His tenure at investment boutique Laing and Cruickshank began in 1999 prior to the company’s takeover by UBS in 2004 where he held the position of investment director. Further to his obvious investment talents, he is also a budding amateur artist, as well as a shrewd backgammon player, and he attended a Masters in Finance evening course at the London Business School.

Edward Sulivan

Objective

The objective of the Fund is to achieve a competitive level of income, with capital growth.The Fund will achieve its objective through investment in a diversified portfolio of collective investment schemes (whose underlying investments are principally in higher yielding UK fixed interest securities and UK equities, the proportions of which will be varied at the discretion of the Manager), transferable securities (including investment trusts), warrants, deposits and money market instruments. There may also be some exposure to global stockmarkets from time to time at the discretion of the Manager.

Showing fund performance in United Kingdom View performance globally

Performance

Balanced GBP over : 28/02/2018 - 28/02/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 -5.2% -3.9% 3.3% 0.6% -5.0%
2017 7.5% 3.1% 1.1% 0.2% 2.9%
2016 5.9% -1.8% 0.7% 6.1% 1.0%
2015 3.7% 4.3% -0.6% -3.5% 3.6%
2014 4.3% 1.1% 0.9% 0.1% 2.2%
2013 11.2% 6.5% -2.1% 3.8% 2.7%
2012 12.9% 7.0% -2.0% 5.5% 2.0%
2011 -4.8% 0.2% -0.1% -8.3% 3.8%
2010 12.8% 5.2% -4.5% 7.1% 4.8%
2009 17.8% -4.3% 5.4% 13.7% 2.7%
2008 -20.8% -6.9% -0.9% -7.5% -7.2%
2007 1.4% 2.0% 1.6% -1.5% -0.6%
2006 9.1% 4.9% -3.5% 2.7% 4.9%
2005 15.5% 2.8% 2.1% 5.8% 4.1%
2004 12.2% 3.5% 1.0% 1.6% 5.7%
2003 8.4% 2.3% 3.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
iShares Core FTSE 100 UCITS ETF (Dist) 7.96%
Liontrust Special Situations I Inc 6.91%
Findlay Park American USD 6.62%
United Kingdom 0.125% 22-Mar-2026 6.55%
Merian Global Equity Abs Return GBP R Acc Hdgd 5.74%
Schroder Income Z Inc 5.61%
Trojan Income O Inc 5.17%
iShares MSCI USA Quality Dividend UCITS ETF USD 4.98%
Legg Mason WA Macro Opps Bd Pr GBP Dst M Hdg + (e) 4.80%
Jupiter Strategic Bond I Inc GBP 4.32%
31/01/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date24/03/2003
  • Share Class size02Mn
  • Base currencyGBP
  • ISIN GB0032738543

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment100

Charges

  • Annual management1.50%
  • Initial investment5.25%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).