Trojan Income Fund O Inc


Buy/Sell Price  (as of 26/09/2016) £1.8606   Day Change :  -0.76%     Fund Code:  TJIOI 

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

Francis graduated from Edinburgh University in 1986, following which he worked at Kleinwort Benson Securities and Foreign & Colonial Management Ltd, where he was appointed Director in 1995. From 1997 to 2004 he worked for Merrill Lynch Investment Managers as a Director, and managed over
Investment HouseTroy
Fund ProviderTroy Asset Management Limited
ManagerFrancis Brooke   Biography

Fund Objective Our aim is to protect investors' capital and to increase its value year on year. We believe that those who have money should concentrate on not losing it. We therefore measure our performance against the absolute returns available from cash in the bank and not relative to stock market indices. Troy is not a hedge fund manager. We adopt a long term, long only approach and do not 'short' (or sell) assets that are not owned in portfolios. We are more concerned with managing risk for our investors than chasing return. Risk to us is not about underperforming a particular benchmark. It is defined as a material reduction in the purchasing power of an investor's savings. We find that a 'top down' approach is most consistent with our objective of not losing money for investors. We judge the safety and attractiveness of asset classes not just relative to each other, but also relative to their own histories.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B01BNW49
12-Month NAV High £1.90
12-Month NAV Low £1.59
Fund Comparative IndexFTSE All Share TR GBP
Morningstar CategoryTMUK Equity Income
Dividend FrequencyTwice Yearly
Historic Yield3.81%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall5 star
3 Years5 star
5 Years4 star
10 Years5 star

Growth of £1000 Help

 as of  26/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
8.58-6.24-1.141.7310.95
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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