Insight Monthly Income Acc

IMA Sector:

UK Equity & Bond Income

ISIN:

GB0008475641

Fund Type:

OEIC

159.10p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 08-Feb-2013
  • Change: 0.19p
  • Change %: 0.12%
  • Currency: GBP
  • YTD change: 159.10p
  • YTD %: n/a

Fund Objective

The Fund aims to provide a high and increasing monthly income together with long term capital growth by investing primarily in shares of UK companies and sterling denominated fixed interest securities.

View on Past Performance

September was characterised by intense equity market volatility as the worst financial crisis of the modern era unfolded. The month saw both the biggest daily rise and fall on record in the FTSE 100 index, however, the FTSE All-Share index finished the month 13.24% down in sterling, total return terms.The US Treasury's bailout of mortgage lenders Fannie Mae and Freddie Mac sparked a rally in UK stocks early on, before the bankruptcy of Lehman Brothers caused share price collapses in major Financials on both sides of the Atlantic. UK Banks and building societies were hard hit and under severe share price pressure, HBoS agreed a takeover by Lloyds TSB.Stocks surged on news of a large scale bailout plan in the US, while US and UK regulators banned short selling in a number of financial stocks. Those gains were wiped out when US lawmakers failed to rubberstamp the bailout plan,and UK markets fell sharply in the aftermath of the nationalisation of the country's largest buy-to-let landlord,Bradford and Bingley.Bond markets performed well over the month,with gilt prices rising on increased risk aversion,the FTSE All-Stocks index returning 0.1%.

Fund Details

Latest Price 159.10p IMA Sector UK Equity & Bond Income
Currency British Pound Launch Date 11/02/1989
Fund Size n/a Fund Manager Tim Rees
ISIN GB0008475641 Dividend 0.00p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 08-Feb-2013
NAV 159.10p
Currency GBP
Change 0.19p
% 0.12%
YTD change 159.10p
YTD % n/a

Fund Facts

Fund Inception 11/02/1989
Fund Manager Tim Rees
TER 3.35 (30-Apr-2012)

Fund Reports

Minimum Investment
Initial £3000
Additional £1,000
Savings £100
Charges
Initial 4.00%
Annual Mang't 1.25%
Exit n/a

Risks

Name %
Standard deviation 0.01
Sharpe ratio 0.07

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