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At a glance
Index
FTSE-A All Share
Launch date
Apr 1966
Fund size
£285.8m
Fund currency
GBP
OEICs
Fund Managers
Richard Colwell
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UK Growth & Income Fund
The objective of the fund is to provide long-term capital growth with a reasonable and growing level of income, through investing primarily in 'blue chip' large capitalised UK companies, but including, when deemed appropriate, small and medium-sized companies, predominantly from the UK. Discover more about the fund by viewing the tabs below:
Graph as at 12 noon: 31st March 2012
Key Selling Points
- A bottom-up, best ideas portfolio which seeks to generate strong performance through the investment cycle by unearthing attractive businesses which have fallen out of favour.
- A longer-term investment perspective is applied and a disciplined investment process seeks to gain a full understanding of businesses via active engagement with management.
- Comprehensive UK equity income range - the Fund is part of a UK equity range that offers options from large-cap holdings to equity income and specialist funds.
- Well resourced investment team - Threadneedle's UK equity team consists of 11 portfolio managers who operate within Threadneedle's wider team of more than 100 investment professionals.
| Fund Manager | Richard Colwell |
| Launch Date | November 1966 |
| Index | FTSE All Share |
| IMA Sector | UK All Companies |
| Annual management charge | 1.50% retail |
| Minimum investment | £2,000 |
| Fund codes | |
| ISIN | GB0001529675 |
| Sedol | 152967 |
| Bloomberg | TDNUKII LN |
Investment approach
The fund manager is a bottom-up long-term investor who manages the portfolio with a low turn-over. He employs an unconstrained approach with a contrarian value bias.
Sell disciplines
The stock selection process is complemented by a clear and pragmatic sell discipline:
- No price targets are set at time of purchase.
- Will not become a forced seller because valuations are
increasing.
- Can hold stock through its cycle from a "value play" to a "growth play" - Will continue to monitor stocks closely and meet regularly with company management to evaluate whether original reasons for purchase still hold true.
- Will allow new stock ideas to drive out old ideas that:
- Have reached their potential.
- Are failing to deliver.
- Offer less exciting potential.
- Richard Colwell
Richard Colwell joined Threadneedle in 2010 as a fund manager in the UK equity income team. He manages the Threadneedle UK Growth & Income, UK Overseas Earnings and Monthly Extra Income Funds and co-manages Threadneedle Equity Income and Equity Alpha Income Funds. Richard also provides idea generation to the company's other income products.
Prior to joining Threadneedle, Richard ran high alpha UK equity portfolios at Aviva Investors. He has also held fund management roles at Credit Suisse and Schroders and worked at the Bank of England. Richard has a degree in Banking, Insurance & Finance and is a member of UKSIP and the Chartered Institute of Bankers.
Fund Profile
View our UK Growth & Income Fund Profile - more >
Fund Factsheet
View our UK Growth & Income Fund Factsheet - more >
UK Equity Range Brochure
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Fund Application Form
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ISA Transfer Pack
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ISA Application Form
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