Portfolio Fund Detail

Willis Owen Research Commentary

Alex Ralph is responsible for the fixed income investments, supported by equity managers Ed Legget and Paul Casson. The portfolio is split approximately 80:20% between shares and bonds. Ralph uses a predominantly bottom up approach to identify securities that can deliver a substantial yield, with a good chance of maintaining their payouts. There is a bias towards high yield and subordinated bonds and significant exposure to the financial sector. Shares exposure is drawn from companies in UK and Europe across the market capitalisation spectrum. The quest for yield can bring higher volatility and default risk but the focus on cashflow should help deliver long term performance.

Below is the online factsheet for your selected instrument.

You can also view an Analyst Report as a PDF using the link below and if you are a registered user a more detailed report is also available.

Load Animation