The Fund aims to provide capital growth (to grow the value of your investment) and income over at least 5 years.
The Fund invests primarily (at least two-thirds) in the shares of UK companies (those incorporated in, domiciled in, or that have significant economic exposure to, the UK).
Fund Manager
Ben Needhammanager
for
2 years
and 10 months
Ben is a portfolio manager at Ninety One. He is manager of the UK Equity Income Strategy, and an analyst within the Quality team. Ben is based in the firm’s London office. Prior to joining the firm he was a Pan European analyst at Threadneedle and prior to that a UK analyst at Aviva Investors. Ben graduated from the University of Bath with a BSc Honours first class degree in Business Administration. Ben holds the Investment Management Certificate (IMC) and has passed Level III of the CFA® Programme.
Anna Farmbroughmanager
for
3 years
and 7 months
Anna is an investment specialist within the specialist Quality investment team at Ninety One. She is a portfolio manager with a focus on UK equities, and co-portfolio manager for the UK Alpha Fund and the Luxembourg domiciled GSF UK Alpha Fund. Prior to joining the firm she was a UK equity analyst at Threadneedle, and prior to that a UK equity analyst at Schroders. Anna graduated from the University of Durham with a BA degree in History (with Honours). In addition, Anna has passed Level III of the CFA® Programme.
Simon Braziermanager
for
11 years
and 1 months
Simon is Co-Head of Quality at Ninety One. He is a portfolio manager with a focus on UK equities, and manager of the UK Alpha Fund and the Luxembourg domiciled GSF UK Alpha Fund. He is also responsible for the co-management of the specialist Quality investment team. Simon is based in the firm’s London office. Prior to joining the firm, Simon worked for Threadneedle where he was Head of UK Equities and responsible for the portfolio management of the Threadneedle UK Fund. He has been managing funds for over twenty years, having started his career with Schroders in 1998.Simon graduated from Durham University and the University of Aix-Marseille with a BA Honours degree in Economics with French. Simon holds the Institute of Investment Management and Research (IIMR) certificate.
Fund Overview
Mid (23/01/2026)
407.65p
Historic yield
1.74%
Fund size (30/11/2025)
£223.53m
Number of holdings
37
Entry Charge
0.00%
Ongoing Charges
0.84%
Launch date
22/04/2003
Asset Allocation
UK Equities
86.90%
International Equities
12.10%
Cash and Equivalents
0.54%
Other Assets
0.46%
Portfolio data accurate as at: 30/11/25
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
UK Equities
86.90%
International Equities
12.10%
Cash and Equivalents
0.54%
Other Assets
0.46%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Industrials
26.73%
-
-
-
Industrial Goods & Services
-
26.73%
-
-
Industrial Support Services
-
-
14.89%
-
Professional Business Support Services
-
-
-
5.75%
Industrial Suppliers
-
-
-
5.69%
Transaction Processing Services
-
-
-
3.45%
Industrial Engineering
-
-
3.80%
-
Machinery: Industrial
-
-
-
3.80%
Electronic & Electrical Equipment
-
-
3.45%
-
Electronic Equipment: Gauges & Meters
-
-
-
2.12%
Electronic Equipment: Control & Filter
-
-
-
1.32%
General Industrials
-
-
2.45%
-
Diversified Industrials
-
-
-
2.45%
Aerospace & Defence
-
-
2.14%
-
Aerospace
-
-
-
2.14%
Consumer Staples
18.10%
-
-
-
Food, Beverage & Tobacco
-
11.85%
-
-
Beverages
-
-
7.47%
-
Distillers & Vintners
-
-
-
7.47%
Tobacco
-
-
3.30%
-
Tobacco
-
-
-
3.30%
Food Producers
-
-
1.08%
-
Food Products
-
-
-
1.08%
Personal Care, Drug & Grocery Stores
-
6.25%
-
-
Personal Care, Drug & Grocery Stores
-
-
6.25%
-
Nondurable Household Products
-
-
-
3.38%
Food Retailers & Wholesalers
-
-
-
2.87%
Technology
12.69%
-
-
-
Technology
-
12.69%
-
-
Software & Computer Services
-
-
11.64%
-
Computer Services
-
-
-
7.23%
Software
-
-
-
2.42%
Consumer Digital Services
-
-
-
1.98%
Technology Hardware & Equipment
-
-
1.05%
-
Production Technology Equipment
-
-
-
1.05%
Health Care
12.52%
-
-
-
Health Care
-
12.52%
-
-
Pharmaceuticals & Biotechnology
-
-
7.41%
-
Pharmaceuticals
-
-
-
5.35%
Biotechnology
-
-
-
2.06%
Medical Equipment & Services
-
-
5.12%
-
Medical Supplies
-
-
-
3.63%
Medical Equipment
-
-
-
1.48%
Consumer Discretionary
9.19%
-
-
-
Travel & Leisure
-
6.32%
-
-
Travel & Leisure
-
-
6.32%
-
Restaurants & Bars
-
-
-
4.92%
Airlines
-
-
-
1.40%
Consumer Products & Services
-
1.89%
-
-
Personal Goods
-
-
1.89%
-
Clothing & Accessories
-
-
-
1.89%
Retail
-
0.98%
-
-
Retailers
-
-
0.98%
-
Diversified Retailers
-
-
-
0.98%
Financials
8.72%
-
-
-
Financial Services
-
7.41%
-
-
Finance & Credit Services
-
-
4.43%
-
Financial Data & Systems
-
-
-
4.43%
Investment Banking & Brokerage Services
-
-
2.99%
-
Investment Services
-
-
-
2.99%
Insurance
-
1.31%
-
-
Non-life Insurance
-
-
1.31%
-
Property & Casualty Insurance
-
-
-
1.31%
Non-Classified
7.96%
-
-
-
Non-Classified
-
0.46%
-
-
Non-Classified
-
-
0.46%
-
Non-Classified
-
-
-
0.46%
Basic Materials
2.54%
-
-
-
Chemicals
-
2.54%
-
-
Chemicals
-
-
2.54%
-
Chemicals: Diversified
-
-
-
2.54%
Telecommunications
1.01%
-
-
-
Telecommunications
-
1.01%
-
-
Telecommunications Service Providers
-
-
1.01%
-
Telecommunications Services
-
-
-
1.01%
Cash and Equivalents
0.54%
-
-
-
Regional Allocation
UK
86.90%
Developed Europe - Excl UK
10.93%
North America
1.17%
Cash and Equivalents
0.54%
Non-Classified
0.46%
Regional Breakdown
Expand allCollapse all
Region
Country
UK
86.90%
-
United Kingdom
-
86.90%
Developed Europe - Excl UK
10.93%
-
Ireland
-
5.54%
Spain
-
4.34%
Netherlands
-
1.05%
North America
1.17%
-
United States
-
1.17%
Cash and Equivalents
0.54%
-
Non-Classified
0.46%
-
Breakdown By Market Cap (%)
Mega
35.80%
Large
16.78%
Medium
20.38%
Small
3.00%
Non-Classified
23.50%
Cash
0.54%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
UNILEVER PLC COMMON STOCK GBP.00031111
7.50%
Non-Classified
United Kingdom
2
DIAGEO
7.47%
Beverages
United Kingdom
3
HALEON
5.35%
Pharmaceuticals & Biotechnology
United Kingdom
4
WETHERSPOON(J.D.)
4.92%
Travel & Leisure
United Kingdom
5
LONDON STOCK EXCHANGE GROUP
4.43%
Finance & Credit Services
United Kingdom
6
AMADEUS IT GROUP SA
4.34%
Software & Computer Services
Spain
7
DCC
4.14%
Industrial Support Services
Ireland
8
SPIRAX GROUP
3.80%
Industrial Engineering
United Kingdom
9
CONVATEC GROUP
3.63%
Medical Equipment & Services
United Kingdom
10
WISE
3.45%
Industrial Support Services
United Kingdom
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
7.30%
5.39%
-
-
-
-
-
-
12.69%
Telecommunications
1.01%
-
-
-
-
-
-
-
1.01%
Financials
7.56%
1.17%
-
-
-
-
-
-
8.72%
Consumer Discretionary
7.79%
1.40%
-
-
-
-
-
-
9.19%
Consumer Staples
18.10%
-
-
-
-
-
-
-
18.10%
Health Care
12.52%
-
-
-
-
-
-
-
12.52%
Industrials
22.59%
4.14%
-
-
-
-
-
-
26.73%
Basic Materials
2.54%
-
-
-
-
-
-
-
2.54%
Cash and Equivalents
-
-
-
-
-
-
-
0.54%
0.54%
Non-Classified
7.50%
-
-
-
-
-
0.46%
-
7.96%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
3255896
Mex Code
YFUKO
Isin Code
GB0032558966
Citi Code
GO43
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.84%
Aims and Benchmark
Aims
The Fund aims to provide capital growth (to grow the value of your investment) and income over at least 5 years.
The Fund invests primarily (at least two-thirds) in the shares of UK companies (those incorporated in, domiciled in, or that have significant economic exposure to, the UK).
Benchmark
FTSE All-Share Total Return
Benchmark Category
-
IA Sector
UK All Companies
Fund Background
Valuation frequency
Daily
Valuation point
-
Fund type
OEIC
Launch price
-
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 October
30 November
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
State Street Trustees Limited
Fund Administrator
SS&C Financial Services International Limited
Fund Registrar
SS&C Financial Services Europe Limited
Fund Custodian
State Street Bank and Trust Company
Group Details
Group name
Ninety One
Group address
55 Gresham Street
London
EC2V 7QP
Group telephone
+44 (0) 203 938 1900
Dealing telephone
+44 (0) 203 938 1900
Email
enquiries@ninetyone.com
Homepage
https://ninetyone.com/en/united-kingdom
Fax number
+44 (0) 203 938 1900
Dealing
Minimum Investment
£1000000
Minimum Top Up
£250000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Report And Accounts
Simplified Prospectus / KIID
Ben is a portfolio manager at Ninety One. He is manager of the UK Equity Income Strategy, and an analyst within the Quality team. Ben is based in the firm’s London office. Prior to joining the firm he was a Pan European analyst at Threadneedle and prior to that a UK analyst at Aviva Investors. Ben graduated from the University of Bath with a BSc Honours first class degree in Business Administration. Ben holds the Investment Management Certificate (IMC) and has passed Level III of the CFA® Programme.
United Kingdom
Ireland
Spain
Netherlands
United States
