FP Miton Income Fund Institutional Accumulation


Buy Price (as of 30/09/2016) £1.5048  Sell Price (as of 30/09/2016) £1.4922   Day Change :  -0.88%     Fund Code:  PSIFA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Eric joined the UK equity team at Insight in September 2005 and is responsible for the management of UK equity long only portfolios. Prior to Insight, he worked at Gartmore Investment Ltd which he joined in 1995,as a graduate trainee. For the next three years he worked as an analyst in the Chemicals, Support Services, Electronics, Distributors and Information Technology sectors. He joined the specialist UK Retail team in June 1998, to run the funds in the Gartmore UK Unit Trust range.Eric is an Associate of the Institute of Investment Management and Research.

Biography

Gervais joined the Company in 1993 and heads Gartmore's award-winning smaller companies team. He has over fifteen years experience in smaller company investment. Believing that strong management is one of the keys to smaller company share price performance, Gervais and the team attend around 700 company meetings each year. These meetings are the cornerstone to their rigorous stock selection process.Prior to 1993, Gervais spent three years at Thornton Investment Management where he was responsible for a new investment strategy for the smaller companies unit. Gervais previously spent five years at Throgmorton Asset Management as a director responsible for segregated smaller company portfolios. Gervais graduated from the University of Liverpool in 1980 with an Honours degree in Engineering.
Investment HouseMiton Trust Managers Limited
Fund ProviderFund Partners Ltd
ManagerEric Moore   Biography
ManagerGervais Williams   Biography

Fund Objective The fund seeks to achieve a reasonable and rising income together with long term capital growth.

Key Statistics

Fund Status
Fund TypeUNIT TRUST
ISINGB00B29LZ803
12-Month NAV High -
12-Month NAV Low -
Fund Comparative IndexFTSE All Share TR GBP
Morningstar CategoryTMUK Equity Income
Dividend FrequencyTwice Yearly
Historic Yield4.13%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall4 star
3 Years5 star
5 Years4 star
10 YearsN/A

Growth of £1000 Help

 as of  30/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
3.35-6.41-1.803.443.47
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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