Slater Income P Inc

ISIN: GB00B905XJ71 | MEX: FMOEAS | CITI: I3PP

  • Buy 150.68 GBX

  • Sell 150.68 GBX

  • Price Change 0.35300%

Past Performance

  • 29th Apr 2020 to 29th Apr 202136.76%
  • 29th Apr 2021 to 29th Apr 202212.97%
  • 29th Apr 2022 to 29th Apr 2023-1.81%
  • 29th Apr 2023 to 29th Apr 20247.05%
  • 29th Apr 2024 to 29th Apr 20252.17%

Objectives and Approach

To produce an attractive and increasing level of income while additionally seeking capital growth by investing predominantly in UK listed equities. The fund may invest in small, medium and large companies.

Key Information

Inception 19th Sep 2011
Historic Yield 6.0300%
Sector IA UK Equity Income
Fund Size £58.920mn
Fund Type OEIC
Classification Income

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.015%
Initial Charge 0%
AMC 0.75%
Our Platform Charge
We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet
0.30%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here
0.30%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.015%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

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      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        -0.67% 1.01% -1.64% 2.17% 7.40% 65.93%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      894,500 bytes PDF Document; last updated 28 Feb 2025
      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      203,154 bytes PDF Document; last updated 10 Jan 2025
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      5,570,935 bytes PDF Document; last updated 30 Apr 2024
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      8,355,287 bytes PDF Document; last updated 31 Oct 2024
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      655,564 bytes PDF Document; last updated 01 May 2024

      Management Team

      Tim Freeborn Mark Slater Eric Moore Ralph Baber Barrie Newton

      Tim Freeborn has managed this fund for 6 years and 8 months.

      Tim Freeborn Tim Freeborn is an equities analyst and joined Slater Investments in February 2017. Since qualifying as a Chartered Accountant, Tim has had a varied career. For many years he was a City writer at The Daily Mail, he has also edited an investment newsletter and contributed to Shares Magazine. This was followed by several years as a stockbroking analyst at Evolution Securities and Xcap Securities covering growth companies. Before joining Slater Investments, Tim spent four years as the Chief Financial Officer of Silence Therapeutics, an Aim listed biotech company, and latterly ran its laboratories in Berlin. Tim serves on the Investment Committee.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Tim

      Name of Security Sole/Co Managed Since
      Slater Income Co Aug 2018

      Mark Slater has managed this fund for 13 years and 7 months.

      Mark Slater Mark Slater co-founded Slater Investments in 1994 with Ralph Baber and is Chairman and Chief Investment Officer of Slater Investments, Chairing the Investment Committee. The company manages a hedge fund, four unit trusts and portfolios for pension schemes, charities and high net worth individuals. Recent awards include: UK All Companies, Best 10 Year Performance - Slater Growth Fund (City of London Fund Awards 2018), "Best of British" - No 1 - Top 25 UK Fund Managers (TD Direct Investing 2017 & 2016, Best Larger UK Equity Growth Fund & Best Smaller UK Equity Income Fund - MFM Slater Growth & Income Funds (Money Observer Fund Awards 2016) and Fund Manager of the Year Awards (City AM Awards 2014). He has also received top ratings from several well-known rating agencies. Prior to founding Slater Investments, Mark worked as a financial journalist with Analyst plc and the Investor's Chronicle. Also, in 1992, he helped research and edit a best-selling investment book "The Zulu Principle" for his father, Jim Slater, which focuses on identifying small to medium-sized growth companies. During his career, Mark has served on the boards of four public companies in which he has been a substantial shareholder. Mark has an MA in History from Cambridge University.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Mark

      Name of Security Sole/Co Managed Since
      Slater Income Co Sep 2011
      Slater Growth Sole Mar 2005
      Slater Recovery Sole Mar 2003

      Eric Moore has managed this fund for 3 years and 6 months.

      Eric Moore Eric joined Slater Investments in October 2021 and is co-manager to the Slater Income Fund. Prior to this, Eric spent 10 years at Premier Miton running the Miton Income Fund. Previously he worked at Insight Investment (2005 to 2010) where he was involved in running the UK equity element of a range of large institutional mandates. He started his career at Gartmore (1995-2005), again working in UK equities, including managing the Gartmore UK Growth Fund. Eric holds an MA (Hons) in Philosophy, Politics and Economics (PPE) from the University of Oxford and an MSc in Cognitive Science from the University of Edinburgh. He has completed the IMC and the IIMR and is an Associate of the Chartered Institute for Securities & Investment

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Eric

      Name of Security Sole/Co Managed Since
      Slater Income Co Oct 2021

      Ralph Baber has managed this fund for 13 years and 7 months.

      Ralph Baber Ralph co-founded Slater Investments along with Mark Slater in 1994 and is Chief Operating Officer. Ralph is the Chairman of the Compliance & Risk and ESG Committees. He attends the Investment Committee, and also sits on the Operations and Pricing Committees. Ralph has a BSc (Hons) degree and is a qualified Chartered Accountant and member of the Chartered Securities Institute. He has served on several regulatory panels including the SFA Appeals Tribunal. Ralph was a manager at Price Waterhouse until he left to join a client, CAL Futures Limited, first as Finance Director and then, from 1987, as Managing Director. The company was one of Europe’s leading hedge fund managers and futures and options brokers. In 1995, the broking business was sold to Union plc where Ralph initially became an Executive Director. In 1997, he was promoted to Chief Executive. In 1998, Union plc bought World Invest, which had £2.6 billion of equity funds under management. In 2001, Union plc was acquired by a private group and Ralph was appointed Chairman.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Ralph

      Name of Security Sole/Co Managed Since
      Slater Income Co Sep 2011

      Barrie Newton has managed this fund for 13 years and 7 months.

      Barrie Newton Barrie Newton is a Director of Research and serves on the Investment Committee. Barrie obtained a BA Combined Honours Economics with Geography from University of Exeter. He obtained a MSc by Research (taken part time) from the School of Management at University of Bath (1969-1974). Barrie joined B S Stock Son & Co in 1969 as a trainee stock broker and became a partner in 1975. He remained a partner and subsequently became Head of Research with the succeeding companies, Stock & Orme and Stock Beech & Co Ltd. Barrie was responsible for smaller company research and corporate fund raising as well as some private client work. Barrie left Stock Beech in 1990 to co-found Rowan Dartington. Barrie, acting in the role of Managing Director, helped to develop the business to be a highly profitable and well diversified regional stockbroker, fund manager and major participant in AIM corporate finance. Barrie ran the largest and most successful client fund which outperformed its benchmark for 14 out of 15 years. Barrie concluded the sale of Rowan Dartington in 2006 and joined Slater Investments in 2008. Barrie is responsible for investment ideas and stock analysis.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Barrie

      Name of Security Sole/Co Managed Since
      Slater Income Co Sep 2011

      Investment involves risk. You may get back less than invested.