Individual Savings Accounts Ltd

The Equity Income Portfolio

One of the benefits of income investing is that dividends are not necessarily subject to market sentiment, which can affect share prices positively and negatively. Indeed, companies are particularly keen to maintain dividends during tough times as an indication of their long term health. We believe this means that dividend paying companies have the potential to generate long-term performance with lower volatility.

Click a fund name for detailed fund information.

Guinness Global Equity Income

Discount
N/A
Final Charge
0%
Launch Date
December 2010
Fund Type
Acc or Inc

Managed by Matthew Page and Ian Mortimer, the fund is relatively small (currently only £500m in size). It has a value discipline and has a concentrated share portfolio (typically 30-40 stocks). The fund has been consistently one of the top performers in the global equity income sector since launch and has been able to grow it’s dividend every year. The managers concentrate on companies with low debt and try to avoid higher risk smaller companies.

Discrete Annual Performance (to 30/06/2019)

2019
13.7%
2018
5.3%
2017
16.1%
2016
18.9%
2015
5.4%
Yield
2.5%

Jupiter Asian Income

Discount
N/A
Final Charge
0%
Launch Date
March 2016
Fund Type
Acc or Inc

Before joining Jupiter, Jason Pidcock was at Newton (joining in 2004) where he ran an Asian equity income fund from 2005 until his departure in 2015. He aims to make use of his long experience of income investing by bringing together a portfolio of his best investment ideas from across the Asia ex Japan region. The fund will typically hold shares in 40- 50 companies from across the region, including both developed and developing markets.

Discrete Annual Performance (to 30/06/2019)

2019
11.2%
2018
3.7%
2017
20.4%
2016
N/A
2015
N/A
Yield
3.6%

LF Milton UK Multi-Cap Income

Discount
N/A
Final Charge
0%
Launch Date
October 2011
Fund Type
Acc or Inc

Co-managed by the renowned fund manager Gervais Williams. The fund has a bottom-up investment approach, with a diversified portfolio of primarily smaller market capitalisation sizes and the fund will not target any particular benchmark. The fund struggled in 2018 due to the fall out from BREXIT and we believe for a long term investor this fund offers a unique entry point.

Discrete Annual Performance (to 30/06/2019)

2019
(-6.1%)
2018
9.1%
2017
24.4%
2016
(-1.8%)
2015
12.7%
Yield
4.6%

M&G Global Dividend

Discount
N/A
Final Charge
0%
Launch Date
July 2008
Fund Type
Acc or Inc

M&G Global Dividend was one of the first global equity income funds available to investors and it quickly built a strong performance record. It has been managed since it’s inception in 2008 by Stuart Rhodes; 2018 was a tough year but we still view this fund as a steady consistent performer.

Discrete Annual Performance (to 30/06/2019)

2019
6.2%
2018
9.1%
2017
26.9%
2016
7.1%
2015
0.8%
Yield
2.9%

Rathbone Income I

Discount
N/A
Final Charge
0%
Launch Date
Feb 1971
Fund Type
Acc or Inc

Carl Stick has been running this fund for over 17 years and has proved a very capable manager, defensive in nature, Carl holds a conservative portfolio which means when the markets are performing well the fund can underperform, however, during more volatile times, this cautious stance results in the fund being able to weather the storm better than some of the more aggressive funds within the sector.

Discrete Annual Performance (to 30/06/2019)

2019
0.9%
2018
1.1%
2017
20.1%
2016
1.4%
2015
9.1%
Yield
4.1%

TB Evenlode Global Income

Discount
N/A
Final Charge
0%
Launch Date
November 2018
Fund Type
Acc or Inc

Evenlode is a Cotswolds-based fund house, named after the village that it operates from, and is headed by brothersin- law Hugh Yarrow and Ben Peters. It’s hugely successful UK equity income fund is currently soft closed however, they have recently launched a global equity income fund based on the same principles. The managers focus on larger companies and have a low portfolio turnover which results in many of the holdings being held for long periods.

Discrete Annual Performance (to 30/06/2019)

2019
19.5%
2018
N/A
2017
N/A
2016
N/A
2015
N/A
Yield
2.4%

In order to invest online into this portfolio or any of the funds described simply click on “Invest Now” above, or if you wish to invest via an application form these can be downloaded from our Downloads page.

NO INITIAL CHARGES on our recommendations.

A client investing a lump sum in the Equity Income Portfolio, via ISA Ltd, will pay no initial charge. Information correct as at 30th June 2019.

We can also offer no initial charge on over 1000 funds. Please see our Discounts page for a full list of funds available at no initial charge. Contact us by email or telephone if you need help finding a fund.

All statistics are quoted ‘bid to bid’, or it’s OEIC equivalent (in both cases with net dividends reinvested) to 30th June 2019. Where funds have less than a five year record, the periods quoted are those in respect of complete calendar years only. Past performance is not necessarily a guide to future performance and may not be repeated. The value of an investment, and any income from it, can fall as well as rise as a result of market and currency fluctuations and you may not get back the original amount invested. Investors electing to receive an annual income should be aware that the dividends (on which the investor’s income is based) are not guaranteed.
The above funds’ annual management charges are charged to capital. This has the effect of increasing the distribution and constricting the funds’ capital performance to an equal extent.