RWC Enhanced Income

Ranked 15 out of 110 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Ian Lance

Ian Lance was born in Croydon, London in 1966. He attended Loughborough University where he gained a degree in economics with economic and social history. Ian started his career in 1989 with Sun Alliance before joining Legal and General in 1990. He moved to Gartmore in 1995 and after five years he joined Citigroup. Ian joined New Star in 2005, and two years later moved to Schroders. He currently works at RWC having joined in September 2010. Ian has been managing funds for well over 20 years. Outside of fund management he enjoys rugby and walking.

Nicholas Purves

Nicholas Purves describes his value-based investment style as ‘fundamentalist’. Appropriately for a geology graduate from Bristol University, Purves says he adopts a ‘bottom-up’ strategy on his funds, searching for investment opportunities wherever they occur. This contrasts with other managers who employ the ‘top-down’ technique of identifying attractive business sectors before selecting the best stocks in those areas. Purves started out at Schroders as an analyst before moving over to the fund management team. He currently works at RWC basing his investments on a strategy that seeks companies that are undervalued by the market despite having a strong franchise and a healthy balance sheet. Born in Cambridge in 1967, Purves is also a qualified chartered accountant.

John Teahan

Objective

The Sub-Fund will primarily invest its assets (excluding cash and cash equivalents) in equity and equity linked securities of UK companies that are listed on a global stock market. In order to seek to generate additional income and enhance the yield of the Sub-Fund's portfolio, the Sub-Fund may select to sell call options with respect to particular securities or positions held by the Sub-Fund and to sell put options with respect to particular securities or positions to be bought in the future by the Sub-Fund.

Showing fund performance in United Kingdom View performance globally

Performance

UK Equity Income over : 30/04/2018 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 2.1%
2018 2.8% -2.3% 8.4% 1.4% -4.3%
2017 2.2% 1.7% -0.1% 0.3% 0.4%
2016 6.8% -0.4% 3.2% 2.9% 1.0%
2015 0.0% 2.3% -3.0% -1.4% 2.2%
2014 2.2% 1.5% 0.7% -0.5% 0.4%
2013 11.7% 7.4% 0.5% 0.7% 2.9%
2012 10.2% 5.4% 0.7% 2.5% 1.3%
2011 -5.2% 0.5% 2.6% -12.2% 4.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
United Kingdom 4.500% 07-Mar-2019 11.78%
Royal Dutch Shell Plc B ORD 5.36%
BP PLC ORD 5.27%
GlaxoSmithKline PLC ORD 4.74%
Marks and Spencer Group PLC ORD 4.04%
Tesco PLC ORD 3.94%
Capita PLC ORD 3.46%
Centrica PLC ORD 3.08%
Royal Bank of Scotland Group PLC ORD 3.04%
Barclays PLC ORD 2.99%
31/12/2018

Registered For Sale In

  1. Luxembourg
  2. United Kingdom

Fund Info

  • Launch date13/10/2010
  • Share Class size00Mn
  • Base currencyGBP
  • ISIN LU0542757579

Purchase Info

  • Min. initial investment25,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment1.50%

Related News

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