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Contact details

ManagerGroupLogo
BNY Mellon Asset Management International Limited, The Bank of New York Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA
020 7163 2367 (Dealing)
020 7163 5063 (Fax Number)
050 0660 000 (Main Number)

brokersupport@bnymellon.com

Fund managers

* Christopher Metcalfe20-Mar-2014 to Present
    view
Emma Mogford» 01-May-2014 to Present
Richard Wilmot» 10-Dec-2012 to 19-Mar-2014
Tineke Frikkee» 01-Apr-2004 to 09-Dec-2012
Clive Beagles» 02-Jul-2001 to 30-Mar-2004
Toby Thompson» 01-Jan-1997 to 01-Jul-2001


Investment objectives

Increasing income and capital growth over the long-term by investing in shares (i.e. equities) and similar investments of companies listed or located in the UK.

Key Information

Fund vs sector

  1y 3y
Position 31 / 93 65 / 88
Quartile 2 3

Fund ratings

NeutralMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 3 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 9.17 9.70
Alpha -1.04 -0.82
Beta 1.02 0.92
Sharpe 0.62 0.93
Info Ratio -0.35 -0.59
R2 0.92 0.89
Quartiles:   1  2  3  4   help with ratios
vs. UK Equity Income»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
INC +8.5+42.4+48.8+12.5+16.6-2.4+7.1
  UK EQUITY INCOME   +7.4+51.4+63.6+20.9+16.6-2.2+10.5
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf NEWTON HIGHER INCOME X NET ACC ACC 320.95 (p) 30-Sep-2014 3.62 0.04% CRZ1 B1TRHS5
pdf NEWTON HIGHER INCOME X NET INC INC 118.64 (p) 30-Sep-2014 3.78 0.04% F3K9 B63QPG7
pdf NEWTON HIGHER INCOME W INC INC 115.42 (p) 30-Sep-2014 3.81 0.79% GQ4N B7W2G37
pdf NEWTON HIGHER INCOME W ACC ACC 125.43 (p) 30-Sep-2014 3.65 0.79% GQ4O B7M90R0
pdf NEWTON HIGHER INCOME B INC INC 113.46 (p) 30-Sep-2014 3.73 1.11% GTIF B84BBL2
pdf NEWTON HIGHER INCOME B ACC ACC 122.79 (p) 30-Sep-2014 3.60 1.11% GTIG B7NCQK3
pdf NEWTON HIGHER INCOME EXEMPT 1 ACC 310.08 (p) 30-Sep-2014 3.64 0.54% RZ01 B01XJK0
pdf NEWTON HIGHER INCOME EXEMPT 2 ACC 193.37 (p) 30-Sep-2014 3.65 0.79% RZ19 B01XJL1
pdf NEWTON HIGHER INCOME INST ACC ACC 183.40 (p) 30-Sep-2014 3.66 1.04% RZ26 B0702V7
pdf NEWTON HIGHER INCOME INST INC INC 63.66 (p) 30-Sep-2014 3.82 1.04% V469 B137918
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf NEWTON HIGHER INCOME INC 60.14 (p) 30-Sep-2014 3.77 1.61% CP02 0677921

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£1,947.1m / $3,158.9m (29-Aug-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch01-Jun-1987
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesn/a
Minimum initial£ 1,000
Minimum additional£ 250
Initial charge0.00%
Annual management charge1.50%
Note to chargesn/a
Trustee / DepositaryNational Westminster Bank plc
RegistrarBNY Mellon Fund Managers Limited
Multi-Managern/a
Indexn/a
Dividend policyJan 01, Apr 01, Jul 01, Oct 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity Mixed UK Equity Income
Largest holdings, 31-Aug-2014
Holding (%) Rank Fund factsheet Equity factsheet
ROYAL DUTCH SHELL 7.58 1 - -
BRITISH AMERICAN TOBACCO 4.75 2 - *
GLAXOSMITHKLINE 4.44 3 - *
NATIONAL GRID 4.28 4 - *
ASTRAZENECA PLC 4.22 5 - *
VODAFONE GROUP 3.92 6 - -
REED ELSEVIER 3.58 7 - *
STANDARD LIFE PLC 3.35 8 - *
SAGE GROUP 3.25 9 - -
CENTRICA PLC 3.13 10 - *
Total42.50 
Regional weightings, 31-Aug-2014
Region(%)Rank 
UK80.591 80.59% UK
Switzerland5.402 5.40% Switzerland
USA4.953 4.95% USA
France2.794 2.79% France
Netherlands2.725 2.72% Netherlands
Money Market2.186 2.18% Money Market
Norway1.047 1.04% Norway
Thailand0.338 0.33% Thailand
Total100.00 
Sector weightings, 31-Aug-2014
Sector(%)Rank 
Health Care20.081 20.08% Health Care
Utilities14.002 14.00% Utilities
Financials13.083 13.08% Financials
Consumer Services12.614 12.61% Consumer Services
Oil & Gas10.575 10.57% Oil & Gas
Industrials8.996 8.99% Industrials
Consumer Goods7.337 7.33% Consumer Goods
Technology5.328 5.32% Technology
Telecommunications5.209 5.20% Telecommunications
Money Market2.1810 2.18% Money Market
Basic Materials0.6411 0.64% Basic Materials
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
 
 
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Theo Sep 20th, 2012 at 06:23 PM

I agree with Nicholas, the dividends should be for the last 5 calendar years plus YTD (6 entries), so we can see the trend.

Reply
Nicholas Sep 06th, 2012 at 09:29 PM

It would be so much more useful to have a longer period of dividend history!

Reply
Dnomyars Dec 12th, 2012 at 04:17 PM

I also agree with Nicholas. In fact the length of dividend history is determined by frequency of payments rather than a common period for all summarised but capable of sub-analysis for presentation purposes where appropriate.

Reply
 

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Asset allocation

UK Equities, 80.59%
80.5900% ofUK Equities
Swiss Equities, 5.40%
5.4000% ofSwiss Equities
US Equities, 4.95%
4.9500% ofUS Equities
French Equities, 2.79%
2.7900% ofFrench Equities
Dutch Equities, 2.72%
2.7200% ofDutch Equities
Cash, 2.18%
2.1800% ofCash
Norwegian Equities, 1.04%
1.0400% ofNorwegian Equities
Thai Equities, 0.33%
0.3300% ofThai Equities

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