Royal London UK Equity Income M Acc
ISIN: GB00B8Y4ZB91 | MEX: RLCBTM | CITI: GWUQ
-
Buy 279.8 GBX
-
Sell 279.8 GBX
-
Price Change -0.24960%
Past Performance
- 25th Apr 2020 to 25th Apr 202126.87%
- 25th Apr 2021 to 25th Apr 202212.45%
- 25th Apr 2022 to 25th Apr 20235.41%
- 25th Apr 2023 to 25th Apr 20249.40%
- 25th Apr 2024 to 25th Apr 20254.09%
Objectives and Approach
The Fund's investment objective is to achieve a total return (combination of capital growth and income) over the medium term (3-5 years) by investing at least 50% in the shares of UK companies listed on the London Stock Exchange. The Fund’s performance target is to outperform, after the deduction of charges, the FTSE All-Share Total Return GBP Index (the "Index") over rolling 3-year periods. The Fund also aims to produce an income in excess of the Index's income over rolling 3-year periods. The Index is regarded as a good measure of the share-price performance of the approximately 600 largest companies on the London Stock Exchange. The Index is considered an appropriate benchmark for the Fund's performance, as the Fund’s potential investments will predominantly be included in the Index. In addition to the benchmark for the Fund’s performance as noted above (the “Index”), the IA UK Equity Income sector is considered to be an appropriate benchmark for performance comparison.
Key Information
| Inception | 31st Jan 1995 |
| Historic Yield | 4.0500% |
| Sector | IA UK Equity Income |
| Fund Size | £1096.358mn |
| Fund Type | OEIC |
| Classification | Accumulation |
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. |
0.83% |
| Initial Charge | 0% |
| AMC | 0.72% |
|
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
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 feeIncludes 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 chargesAny 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 costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.83% | |
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 appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
||
Annual charges
Annual chargesThese 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 appliedThese 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
-
Chart Options
Select TimeframeFromToAdd comparator to chartNone
This fund's IA Sector (IA UK Equity Income)
Another IA SectorSearch for Fund ComparatorAdd a FTSE Index
Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years -2.07% -2.41% -0.57% 4.09% 20.03% 71.24%
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
View Fund Allocation by:
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.
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.
497,351 bytes PDF Document; last updated 31 Mar 2025
79,549 bytes PDF Document; last updated 17 Feb 2025
5,112,834 bytes PDF Document; last updated 31 Aug 2024
2,166,990 bytes PDF Document; last updated 28 Feb 2025
1,370,640 bytes PDF Document; last updated 10 Feb 2025
Management Team
Richard Marwood Max Newman
Richard Marwood
has managed this fund for 4 years and 2 months.
Richard Marwood – Head of UK and European Equities, Richard is the Head of UK and European Equities team and manages the UK Equity Income, UK Dividend Growth and UK Income with Growth funds. He joined RLAM in 2016, having previously worked at AXA Investment Managers for 19 years where ran a wide range of UK equity and multi-asset portfolios, most notably AXA’s Distribution Fund franchise. Prior to working in the City, Richard had an engineering background, having served an apprenticeship with British Aerospace. He holds a Mechanical Engineering Degree from Sheffield University and a PhD in Aerodynamics from Oxford University.
Manager Cumulative Performance v Peer Group
All funds managed by Richard
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Royal London Gbl Eq In | Co | Dec 2024 |
| Royal London UK Div Gth | Co | Apr 2016 |
| Royal London UK Div Gth | Co | Apr 2016 |
| Royal London Gbl Eq In | Co | Dec 2024 |
| Royal London UK Equity Inc | Co | Feb 2021 |
Max Newman
has managed this fund for 5 months.
Max Newman – Fund Manager, Max serves as the deputy fund manager of the UK Equity Income Fund and the UK Dividend Growth Fund. He joined Royal London Asset Management in September 2024 from Atomos Investments, where he managed multi-asset funds with responsibility for equity allocations. He has 10 years of experience covering UK equities and was previously a Portfolio Manager at Julius Baer, where he managed the core UK equity product. He has a first-class honours degree in Economics, Finance and International Business from Oxford Brookes University and is a CFA charterholder.
Manager Cumulative Performance v Peer Group
All funds managed by Max
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Royal London UK Div Gth | Co | Nov 2024 |
| Royal London UK Div Gth | Co | Nov 2024 |
| Royal London UK Equity Inc | Co | Nov 2024 |