| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 0.80 |
Cumulative Performance
Discrete Performance
(No discrete data available for TM RWC Global Equity Income S Inc GBP)
| Fund Size | 60,623,500.00 | Launch Date | 24/11/2020 | Standard Initial Charge (%) | 5.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.69 |
| Sector | IMA UK Equity Income | Min Investment (£) | 100,000,000.00 | Total Expense Ratio (%) | 0.80 |
| ISIN | GB00BMBQN891 | Min Topup (£) | 5,000.00 | Ongoing Charge (%) | 0.8000 (on 31/10/2020) |
The objective of the fund is to provide a combination of income, net of fees, and long term (over five years) capital growth by investing primarily (over 70%) in a concentrated portfolio of global companies The Fund will primarily (over 70%) invest its assets (excluding cash and cash equivalents) in equity and equity linked securities of companies that are listed on a global stock market. The Fund typically holds investments in 30-50 companies. The Fund portfolio is constructed with a wider global view than solely analysing the fundamentals of particular companies based on the Investment Manager’s conviction that no company, market or economy can be considered in isolation. This approach concentrates on investing in stocks that, in the opinion of the Investment Manager, offer an attractive value and are issued by companies with good prospects and strong fundamentals. The most attractive stocks for this strategy tend to be those of good quality, cash generative companies with realisable dividend yields. The Fund strategy has an inherent style bias; every holding in a global equity income portfolio has to yield at least 25% more than the broader market (compared to FTSE World Equity Index) at the point of purchase. Any holding whose prospective yield falls below the comparative index yield is sold. Equity and equity-linked securities include shares, depository receipts, warrants and other participation rights, convertible securities, index and participation notes and equity linked notes. The Fund may also invest, up to 10% of its net assets in collective investment schemes. Collective Investment Schemes may be managed by either the ACD or its associates.Fixed and floating rate debt securities as well as cash and cash equivalents may be held. The Fund may also invest and gain exposure to fixed income instruments, including emerging market and sub-investment grade debt, and convertible securities. GBP is the Fund Currency but assets may be denominated in other currencies. In certain market conditions currency exposure may be hedged. The Fund may invest in financial derivative instruments for hedging and investment purposes. Financial derivative instruments, either exchange traded or OTC, in which the Fund may invest, include, but are not limited to, options, swaps and index futures. The Fund is actively managed and uses the MSCI World Equity Index NDR index, or equivalent, for performance comparison purpose only. The benchmark can also be used for performance comparison because the constituents are representative of the areas in which the Company itself is likely to invest. Recommendation: this fund may not be appropriate for investors who plan to withdraw their money within five years
RWC Asset Management Limited
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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