MI Chelverton UK Equity Income Fund B Accumulation shares

By investing in predominantly medium-sized companies, it aims to deliver a high and growing quarterly dividend and the prospect of good long-term capital growth. It has been a standout performer over the long term, but can be more volatile than other equity income funds.

MI Chelverton UK Equity Income Fund B Accumulation shares
Maitland Institutional Services Ltd.
Open Ended Investment Company
UK Equity Income
0.86 %
Risk Rating
3 Year Sharpe
3 Year Alpha
5.1 %
The objective of the Fund is to provide a progressive income stream and achieve long-term capital growth by investing primarily in a portfolio of fully listed and AIM traded UK equities. The Fund will invest primarily in UK companies which aim to provide a high initial dividend; progressive dividend payments, and long-term capital appreciation. The Fund will not invest in derivatives or forward transactions
Holding %
Rank Group (The) PLC 2.11 %
XP Power Ltd 2.08 %
Redde Northgate PLC 2.06 %
Pennon Group PLC 2.04 %
Bellway PLC 1.89 %
Crest Nicholson Holdings PLC 1.82 %
Morgan Advanced Materials PLC 1.66 %
GVC Holdings PLC 1.66 %
Sabre Insurance Group PLC 1.57 %
DFS Furniture PLC 1.57 %
Region %
United Kingdom 96.50 %
Sector %
Industrials 35.04 %
Consumer Cyclical 22.17 %
Financial Services 15.31 %
Technology 6.43 %
Basic materials 5.39 %
Maitland Institutional Services Ltd.
London, United Kingdom
Legal Structure
Open Ended Investment Company


David Taylor
Joined 11/27/2006

David Taylor began his career as an analyst in the research department at Wedd Durlacher and moved into fund management in 1987 with the Merchant Navy Officers Pension Fund. He joined Gartmore Investment Limited in 1991, during this time, he ran a combination of institutional funds and investment trusts, namely the Clydesdale Investment Trust and London & Strathclyde Trust. In 1995, he moved to LGT to manage small cap retail funds and latterly spent nearly seven years as head of UK smaller companies at HSBC Asset Management. He joined Chelverton Asset Management in January 2006.

David Horner
Joined 11/27/2006

David Horner joined 3i Corporate Finance Limited in 1986 where he was a manager giving corporate finance advice. In May 1993 he joined Strand Partners Limited, and was appointed a director in January 1994, where he carried out a range of corporate finance assignments identifying, structuring and managing investments in quoted and unquoted companies. In October 1997 he left to set up Chelverton Asset Management Limited and was responsible for setting up, in May 1999, the Small Companies Dividend Trust, which he still manages.

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