Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Smith & Williamson UK Equity Income Fund A Inc

Ranked 109 out of 112 in - UK Equity Income over 12 months
All calculations are in GBP unless stated

Managed by

Mark Boucher

Mark Boucher started his career as an institutional stockbroker after training at Wedd Durlacher. In 1992 he joined Leopold Joseph & Sons where he managed a hedge fund before joining Smith & Williamson in 2006. Mark is currently the lead manager on the Smith & Williamson UK Equity Growth Trust fund.

Mark Swain

Mark Swain is a Fund Manager for Smith & Williamson based in London. He has been with the firm since 2005 and before this he was an Assistant Fund Manager at Leopold Joseph/Bank of Butterfield. Currently, he runs the Smith & Williamson Enterprise Fund dealing in UK equities using an income investment style. Mark is a member of the Chartered Institute for Securities & Investments (CISI) and graduated with a BEng (hons) from Nottingham University where he studied Electronic Engineering. When not working, he enjoys various sports such as fishing, golf, tennis, football and skiing.

Objective

The fund aims to achieve a high and growing level of income over the long term primarily through investment in the UK. In order to achieve the objective, the manager's policy is to invest in companies which offer attractive dividend yields and at the same time may be reasonably expected to increase their dividends. The Manager's policy was amended with effect from 27 January 2014 to increase the Trust's flexibility to select investments from a wider range of dividend yields and dividend growth expectations.

Showing fund performance in United Kingdom View performance globally

Performance

UK Equity Income over : 28/02/2018 - 28/02/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 -20.1% -9.9% 6.8% -3.4% -14.1%
2017 6.1% 3.1% 0.4% 0.9% 1.7%
2016 6.6% -1.2% 0.6% 6.5% 0.7%
2015 6.4% 6.1% 0.2% -3.4% 3.6%
2014 2.3% 1.0% -1.0% -0.4% 2.8%
2013 28.8% 9.5% 1.8% 7.2% 7.8%
2012 12.7% 5.5% -2.4% 4.7% 4.5%
2011 -7.8% -1.8% 1.1% -10.8% 4.2%
2010 17.5% 5.5% -6.3% 11.7% 6.4%
2009 16.8% -10.3% 8.8% 16.2% 2.9%
2008 -22.8% -11.6% -3.3% -6.3% -3.8%
2007 -2.7% 1.1% 0.3% -2.6% -1.5%
2006 18.0% 8.5% -2.5% 4.6% 6.7%
2005 20.9% 3.1% 5.5% 7.2% 3.7%
2004 15.4% 1.9% 3.4% 3.1% 6.2%
2003 15.7% -5.7% 12.7% 2.6% 6.2%
2002 -11.1% 4.8% -5.8% -12.6% 3.0%
2001 -1.2% -0.7% 4.2% -11.3% 7.6%
2000 16.5% -1.9% 9.5% -0.3% 8.7%
1999 5.7% 4.3% 4.5% -4.2% 1.2%
1998 16.2% 15.5% -0.8% -6.5% 8.5%
1997 22.1% 3.1% 2.4% 13.6% 1.8%
1996 12.5% -1.0% 1.2% 4.9% 7.0%
1995 15.0% -1.6% 4.2% 9.7% 2.2%
1994 -6.0% -5.6% -6.5% 5.7% 0.8%
1993 41.6% 9.6% 2.7% 11.6% 12.8%
1992 23.5% -1.0% 10.1% 0.5% 12.7%
1991 8.6% 16.3% -3.1% 7.2% -10.0%
1990 -6.0% -3.7% 3.9% -10.5% 4.9%
1989 23.2% 14.7% 2.6% 6.5% -1.7%
1988 8.4% 5.5% 3.7% 0.2% -1.0%
1987 6.5% -16.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2019

Top 10 Holdings

Stock Size
BP PLC ORD 7.86%
Royal Dutch Shell Plc B ORD 6.33%
Rio Tinto PLC ORD 5.59%
Diageo PLC ORD 5.46%
GBP Cash 3.75%
Prudential PLC ORD 3.32%
BT Group PLC ORD 3.20%
Intermediate Capital Group PLC ORD 3.16%
AstraZeneca PLC ORD 3.07%
Lloyds Banking Group PLC ORD 3.06%
31/01/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date07/05/1987
  • Share Class size04Mn
  • Base currencyGBP
  • ISIN GB0008178799

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment5.00%

Related News

FTSE falls as heatwave melts TUI, fire keeps burning Ocado

FTSE 100 falls into the red as travel group TUI issues profit warning and Ocado suffers second day of heavy falls after warehouse fire.

Waverton hires Tineke Frikkee to turn around UK funds

Waverton Investment Management has hired Tineke Frikkee to turn around its struggling UK equity division.

The funds that dived and thrived in the sell-off

It's a month since the FTSE 100 hit its all-time high, and it's been downhill since. We round up how funds have performed.

S&W shake-up as Tineke Frikkee leaves and John Anderson retires

Smith & Williamson’s UK Equity Income fund manager Tineke Frikkee is set to leave the firm and will be replaced by Mark Swain.

The best and worst of UK equity income funds since Brexit

One year on from the UK’s historic decision to leave the European Union, we take a look at which UK funds managers beat their benchmarks and shook off the Brexit blues.

Taxicab Tenner: Smith & Williamson's Tineke Frikkee

The AA-rated manager discusses her recent investment in Brewin Dolphin.

S&W’s Frikkee on the mid cap trail for income

The S&W UK Equity Income fund manager has been using the volatility throughout the year to build tactical positions

Tineke Frikkee: Stan Chart is its cheapest in a generation

Standered Chartered is the cheapest it has been since the Asian crisis and HSBC not far behind it, says Frikkee

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