Kames UK Equity Income B Inc

Buy/Sell Price  (as of 21/10/2016) £1.7678   Day Change :  0.27%     Fund Code:  AEUBI 

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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Iain worked with Edinburgh Fund Managers and Dunedin Fund Managers before joining AEGON Asset Management in 1996 as an investment manager on the Far East desk. In May 2002 he switched to a pure analysis role within AEGON, with responsibility for analysis of the global insurance sectors. In February 2004, he joined the UK mainstream team, where he analyses the insurance, retail, and engineering sectors, and manages a number of distribution funds. Iain graduated with a Bachelor of Commerce honours degree from the University of Edinburgh, and gained his MBA in 2001. Iain is a member of UKSIP.


Douglas Scott is an investment manager in the UK Equities team with responsibility for managing several equity income funds. In addition, Douglas has analysis duties for the tobacco, real estate, telecoms, beverages and oil services sectors. He joined us in 2003 from Investec where he was a stockbroker specialising in the telecoms sector and, prior to that, worked for TRW and Abbey National in their UK equity teams. Douglas has a 1st Class Honours degree in Aeronautical Engineering from the University of Glasgow, a Diploma in Actuarial Science from the Heriot-Watt University and is an associate of the UK Society of Investment Professionals (UKSIP).
Investment HouseKames Capital
Fund ProviderKames Capital PLC
ManagerIain Wells   Biography
ManagerDouglas Scott   Biography

Fund Objective To provide a level of income which is greater than that which is typically earned from UK share markets.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £1.80
12-Month NAV Low £1.50
Fund Comparative IndexIA UK Equity Income
Morningstar CategoryTMUK Equity Income
Dividend FrequencyQuarterly
Historic Yield3.88%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall4 star
3 Years4 star
5 Years4 star
10 YearsN/A

Growth of £1000 Help

 as of  21/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

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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