Fact sheet: Halifax UK Equity Income

Fund information
Fund name
Halifax UK Equity Income C
Fund manager company
HBOS Investment Fd Mgrs Ltd
Fund type
OEIC
Fund managers
  • Global Equity Teamsince 01/01/2013
  • Quantitative Investment Teamsince 01/01/2013
Fund objective
To provide above average income, along with potential long term capital growth by investing predominantly in a portfolio of companies which are part of the FTSE All Share Index (the “Index”). The Fund seeks to deliver performance, before deduction of management fees, in excess of the Index with a similar level of overall volatility, over the long term. Companies will be selected which have the potential to provide higher than average dividend yields* and to achieve long term capital growth. The Fund seeks to hold more in these companies in comparison to the Index. Therefore, while the Fund will invest in a large number of companies in common with the Index, the amount held in any one company may be significantly different to the Index.The Fund is limited in the extent to which it can hold more (overweight) or less (underweight) in sectors** relative to the Index, but it aims to hold more in sectors which are expected to provide a higher than average dividend yield.* The dividend yield is calculated by dividing the annual dividend paid in respect of a share by its share price.** A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
  • FTSE All-Share Index
Investment style
Active,Growth
Investment method
Shares
Quick stats
1 Year return
10.8%
1 Year rank in sector
11/88
Sector
UT UK Equity Income
Yield
3.6%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.54%
Fund size
£2,499m (£2,517m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
96
Mid price
76.31
Top in this sector
Fund name1 Year
UBS UK Equity Income32.2%
Scot Wid Fdmtl Index UK Equity21.7%
SJP UK Growth19.7%
Jupiter Income Trust17.6%
Schroder Income Maximiser17.6%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK100%
    Europe ex UK0.1%
  • Financials20.5%
    Consumer Goods15.6%
    Equities15.1%
    Consumer Services11.8%
    Oil & Gas9.6%
  • UK Equities97.8%
    Money Market1.8%
    Futures0.3%
    Europe ex UK Equities0.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%1.2%9.7%10.8%13.2%40.9%
Sector1.3%-1%5.7%5.6%17.7%60.9%
Rank within sector27 / 9318 / 9311 / 9311 / 8867 / 7970 / 74
Quartile2nd1st1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund10.6%0.5%-1.7%21.4%7.1%
Sector5.5%4.9%2.8%24.8%13.5%
Rank within sector13 / 8974 / 8476 / 8055 / 7672 / 75
Quartile1st4th4th3rd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.65
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.14
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.37
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.95
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.68
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.94
Price movement
52 week high78.28
52 week low61.32
Current bid price-
Current offer price-
Current mid price76.31
Region
1UK99.95%
2Europe ex UK0.05%
Industry sector
1Financials20.51%
2Consumer Goods15.63%
3Equities15.07%
4Consumer Services11.84%
5Oil & Gas9.62%
6Health Care7.05%
7Industrials6.07%
8Basic Materials5.08%
9Utilities4.97%
Asset type
1UK Equities97.84%
2Money Market1.79%
3Futures0.32%
4Europe ex UK Equities0.05%
Individual holdings
1HSBC HLDGS6.53%
2ROYAL DUTCH SHELL4.98%
3GLAXOSMITHKLINE4.67%
4BRITISH AMERICAN TOBACCO3.99%
5BP3.67%
6PRUDENTIAL PLC3.48%
7UNILEVER2.89%
8VODAFONE GROUP2.89%
9RIO TINTO2.74%
Management
Fund manager group
HBOS
Fund manager company
HBOS Investment Fd Mgrs Ltd
Fund type
OEIC
Fund objective
To provide above average income, along with potential long term capital growth by investing predominantly in a portfolio of companies which are part of the FTSE All Share Index (the “Index”). The Fund seeks to deliver performance, before deduction of management fees, in excess of the Index with a similar level of overall volatility, over the long term. Companies will be selected which have the potential to provide higher than average dividend yields* and to achieve long term capital growth. The Fund seeks to hold more in these companies in comparison to the Index. Therefore, while the Fund will invest in a large number of companies in common with the Index, the amount held in any one company may be significantly different to the Index.The Fund is limited in the extent to which it can hold more (overweight) or less (underweight) in sectors** relative to the Index, but it aims to hold more in sectors which are expected to provide a higher than average dividend yield.* The dividend yield is calculated by dividing the annual dividend paid in respect of a share by its share price.** A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
  • FTSE All-Share Index
Investment style
Active,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Global Equity Team01/01/2013
Quantitative Investment Team01/01/2013
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax UK Equity Income B
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price25.49
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeASE6
Halifax UK Equity Income C
Initial charge-
Annual charge1.35%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price76.31
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEU73
Halifax UK Equity Income D
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price51.68
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeX313
Halifax UK Equity Income E
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price24.97
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeASE7
Halifax UK Equity Income F
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price36.05
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASE8
Halifax UK Equity Income G
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price36.72
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASE9
Halifax UK Equity Income H
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNGFO
Halifax UK Equity Income K
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNGFP
Halifax UK Equity Income P
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGFQ
Halifax UK Equity Income Q
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGFR
Halifax UK Equity Income R
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGFS
Halifax UK Equity Income S
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNGFT
Data provided by

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