To produce both income and capital growth.
From 13 July 2000 to 12 January 2001 the offer price of the units fell 5.5%. This compares to a fall of 3.8% in the FT Actuaries all Share Index including income reinvested. Stock markets have been very volatile. As a result, the fund's cash levels were increased by a fewer percent when markets were strong and reduced by a similar amount when they weakened, to take advantage of any opportunities to buy shares at lower prices.
Through remaining close to companies and analysing them closely they can identify those with a strong competitive advantage which, in the longer term, is one of the main determinants of investor returns.
Latest Price |
182.80p |
IMA Sector |
UK All Companies |
Currency |
British Pound |
Launch Date |
01/11/1972 |
Fund Size |
n/a |
Fund Manager |
David Adams |
ISIN |
GB0004909791 |
Dividend |
1.27p |