FTF Martin Currie UK Equity Income Fund W (Acc)

A Select 50 Fund - Fidelity insight

Category UK Equity Income

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£2.746

arrow-up£0.015 (+0.55%)

Fund Code

BWUWA

B7DRD63

GB00B7DRD638

Prices updated as at 14 Nov 2024

Prices in GBP

Investment objective

The Fund aims to generate an income that is higher than that of the FTSE All-Share Index and increase in value through investment growth, over periods of five years, after all fees and costs are deducted. The Fund invests at least two thirds (but typically significantly more) in the shares of companies listed on the London Stock Exchange. These companies are incorporated/domiciled in the UK or which have significant business operations in the UK. Typically, the number of holdings in the Fund will vary between 40 to 60 company shares and most of these will be the shares of large (such as those making up the FTSE 100 Index) companies. The Investment Manager does not intend to invest in every company in the FTSE All-Share Index and have the freedom to invest up to 10% of the Fund’s assets outside of it.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: This fund invests primarily in companies listed in the UK, although it may invest smaller amounts into companies listed outside the UK too. Based in Leeds, the team is committed to UK equity investing, which is rare as most investment firms have reduced UK equity resourcing and focus more on global investing. The team members are seasoned UK managers and have strong experience finding companies that can pay sustainable and growing dividends, which suits this fund. How to use the fund: This fund can be helpful for clients seeking dividend income from companies primarily listed in the UK. Like any equity fund, it is higher risk and may be subject to fairly substantial but hopefully transitory drawdowns. Investors will need a long-term view of ten years or more.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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