Newton Higher Income Fund aims for a high and rising income by investing in UK companies that have a high yield and the capacity to increase their dividend distributions over time. The Fund has delivered consistent long-term returns and is one of the most popular funds in its sector, appealing to investors who are principally seeking a rising income from their investments. That said, Newton Higher Income Fund's performance has also attracted growth investors, who reinvest the income for long-term capital appreciation.
Source: Newton as at 30 April 2008
Key Information
- One of the most popular funds in the UK Equity Income Sector with over £2.7 billion under management *
- Aims to provide a high and rising income on a caeeeenader year basis by investing in UK companies
- Primarily selects stocks from within the largest 350 companies in the UK and applies a strict yield criteria
- Managed by Newton's highly regarded UK equity team
- A rated by Standard & Poor's Fund Management and AA rated by OBSR *
* As at 31 March 2008
Past performance is not indicative of future performance.
The Fund's success can be attributed to the strength of its simple, yet disciplined investment process. For stocks to be considered for inclusion within the Fund, companies drawn from the 350 largest in the UK must yield at least 15% more than the FTSE All-Share Index. This means that the fund management team are often buying unfashionable companies that are being overlooked by other investors. An equally strong sell discipline is applied: if the yield on a company falls below that of the index then it is immediately sold.
To invest in Newton Higher Income Fund, follow the Invest Online link, speak to your financial advisor or call us on 0800 614 330.
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