Seeks attractive income opportunites in UK equities
1Source: Schroders as at 31 August 2018.
Sue joined Schroders in 1989 and has managed UK equity portfolios since 1993. Based in London, Sue is head of the Prime UK Equity Team and has a degree in Business Administration and Biochemistry from Aston University.
The Company's principal investment objectives are to provide real growth of income, being growth of income in excess of the rate of inflation, and capital growth as a consequence of the rising income.
The investment policy of the Company is to invest primarily in above-average yielding UK equities but up to 20% of the portfolio may be invested in equities listed on recognised stock exchanges
outside the UK. If considered appropriate, the Company may use equity related instruments such as convertible securities and up to 10% of the portfolio may be invested in bonds. In addition, up to 20% of total income may be generated by short-dated call options written on holdings in the portfolio. Put options comprising short term exchange-traded instruments on major stock market indices of an amount up to the value of the Company's borrowings may be utilised.
Source: Schroders. Data is to end August 2018. *To 31 August. CPI August 1995 to August 2018. **Part year, fund launched March 1995.
Source for Dividend Hero logo: AIC.
Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.
Companies that invest in a smaller number of stocks carry more risk than funds spread across a larger number of companies.
The Company will invest solely in the companies of one country or region. This can carry more risk than investments spread over a number of countries or regions.
As a result of the fees and finance costs being charged partially to capital, the distributable income of the Company may be higher, but the capital value of the Company may be eroded.
The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the investments purchased increase in value by more than the cost of borrowing, or reduce returns if they fail to do so.