MoneyAM Fund Centre

Quick Stats

Fund Objective

Aims to deliver capital returns in excess of the FTSE 350 index with lower volatility over a market cycle, as well as annual yield above the same index, primarily through investment in UK companies listed on a global stock market. Equity exposure may be obtained through equity and equity linked securities including shares, depositary receipts, warrants and other participation rights, convertible securities, index and participation notes and equity linked notes. Despite the emphasis on UK equities, the Fund may at times hold significant levels of cash to manage volatility or to protect the Fund from stock market corrections. In seeking to generate additional income, the Fund may also sell call and put options with respect to particular securities or positions held by the Fund. Its flexibility, value driven style and yield enhancement strategy mean that the total return of the Fund may periodically diverge significantly from that of the FTSE 350 index.

Fund Managers

Nick Purves

Originally qualifying as an accountant, Nick moved from KPMG to Schroders in 1994. He departed to RWC in 2010 where he retained the management responsibility of the St. James’s Place Equity Income fund.

Ian Lance

Ian joined RWC in August 2010 to launch the RWC Equity Income franchise. He was previously senior portfolio Manager at Schroders managing the Schroder Income Fund and Income Maximiser Fund together with Nick Purves. Previously Ian was the Head of European Equities and Director of Research at Citigroup Asset Management and Head of Global Research at Gartmore.

John Teahan

John joined RWC in September 2010 to assist managing the RWC Equity Income franchise. He previously worked at Schroders, where he co-managed the Schroder Income Maximiser with Nick Purves and Ian Lance and also specialized in trading and managing derivative securities for a range of structured Funds. Previously he worked as a performance and risk analyst for Bank of Ireland Asset Management UK. John is a CFA Charterholder.