Fund aim
The Equity Income Trust for Charities primarily aims to provide a high and steady level of income by investing mainly in UK equities, targeting a yield of 30% in excess of the FTSE All-Share Index. The portfolio will be managed, where possible, to increase the income distribution over time. The secondary target is to provide capital growth in order that the Manager outperforms the FTSE All-Share Index on a total return basis after costs over rolling five year periods.
| Fund facts |
| Launch date |
02 December 2002 |
| Distribution dates |
15 Mar, 15 Jun, 15 Sept and 15 Dec |
| Ex-distribution dates |
31 Jan, 30 Apr, 31 Jul, 31 Oct |
| Type of unit |
Distribution |
| Dealing |
Daily |
| Ethical Restrictions |
No tobacco |
| Initial fee |
Nil |
