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Neptune Income

Ranked 7 out of 111 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Robin Geffen

Robin Geffen founded Neptune Investment Management in May 2002 and is the architect of Neptune's real world investment approach. He graduated from Oxford University in 1979 and began his investment career at Charterhouse J Rothschild before moving onto Eagle Star, York Trust and then Scottish Equitable, where he set up their pooled fund business. Geffen joined Orbitex Investments as chief investment officer in 1997 and was most recently global CIO – pensions before founding Neptune.


The investment objective of the Fund is to generate a rising level of income. Other eligible asset classes are collective investment schemes, other transferable securities, cash or near cash, deposits and money market instruments. It is anticipated that derivatives instruments and forward transactions may be used by the ACD for efficient portfolio management. It is the intention to be near-fully invested at all times, however the Fund has the facility to take tactical positions in cash or near cash should the ACD feel it appropriate.

Showing fund performance in United Kingdom View performance globally


UK Equity Income over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 6.0%
2018 -4.2% -5.9% 8.4% -0.3% -6.0%
2017 10.7% 3.1% 0.8% 1.6% 4.8%
2016 13.8% -1.1% -1.6% 9.9% 6.3%
2015 5.9% 7.6% -3.5% -5.8% 8.4%
2014 1.6% -2.8% 1.4% 1.2% 2.0%
2013 17.7% 9.2% -0.1% 1.7% 6.1%
2012 11.3% 8.0% -0.6% 3.3% 0.3%
2011 -5.5% 0.5% 1.1% -12.8% 6.6%
2010 14.2% 3.4% -9.3% 12.9% 7.9%
2009 23.9% -11.4% 9.2% 20.8% 6.0%
2008 -26.1% -12.7% 0.7% -12.3% -4.2%
2007 6.2% 2.8% 2.4% -0.7% 1.6%
2006 19.0% 8.4% -1.6% 3.2% 8.1%
2005 24.7% 3.8% 3.9% 6.3% 8.8%
2004 19.4% 3.7% 3.5% 3.4% 7.6%
2003 24.1% -4.7% 18.5% 4.5% 5.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Motorola Solutions Inc ORD 3.31%
Halma PLC ORD 3.30%
3i Group PLC ORD 3.25%
Anglo American PLC ORD 3.24%
Antofagasta PLC ORD 3.22%
Micro Focus International PLC ORD 3.22%
Rio Tinto PLC ORD 3.21%
Microsoft Corp ORD 3.16%
Visa Inc ORD 3.15%
Sage Group PLC ORD 3.13%

Registered For Sale In

  1. Guernsey
  2. Jersey
  3. United Kingdom

Fund Info

  • Launch date31/12/2002
  • Share Class size28Mn
  • Base currencyGBP
  • ISIN GB0032315516

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50


  • Annual management1.60%
  • Initial investment0.00%

Related News

Micro Focus and AstraZeneca keep FTSE firing

Software firm and pharmaceutical giant help drive FTSE 100 to fresh four-month highs.

Neptune to merge income funds in cost-cutting drive

The Income fund has moved to quarterly distribution ahead of the merger, which Neptune chief executive Robin Geffen said would cut costs for clients

Neptune hires ex-JP Morgan fund sales boss Mike Parsons

Neptune Investment Management has hired former JP Morgan Asset Management veteran Mike Parsons as global head of sales.

‘Game is over’ for tobacco, says Neptune's Geffen

Neptune Income manager points to tobacco companies' slim dividend cover and warns of risk to rival funds relying on their income.

Geffen: rate cut more likely than hike this year

Investors should ignore talk of interest rate rises because the UK economy could weaken further, warns Neptune’s Robin Geffen.

Neptune to report dividend concentration risk on income funds

Neptune is to disclose the level of dividend concentration risk in its equity income funds.

Neptune US equities head Hackman exits

George Boyd-Bowman is taking over as lead manager of the Neptune US Income fund with immediate effect.

Neptune Income

Neptune's Geffen fires corporate adviser & vows to stay independent

Neptune chief executive has vowed to keep the business independent and has sacked the firm’s corporate adviser to reflect this commitment.

Neptune profits down 42% after 'extremely difficult year for equity investors’

Neptune’s pre-tax profits fell by 42% last year as the group continued to grapple with the twin headwinds of falling assets under management and market conditions unfavourable for its global investment approach.


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