Which funds were the winners in the vaccine bounce?
On 9 November 2021, global stock markets rallied in what was termed the ‘vaccine bounce’. Just seven...
Lowland Investment Company yesterday announced a change in fee structure that will see investors pay less. From 1 July 2017, the annual management charge of 0.5% will be reduced to 0.4% on assets over £375m. If the performance fee is payable, the maximum fees payable will be capped at 0.75%, falling to 0.65% on assets over £375m.
Having consistently grown its dividend for 49 of the past 50 years, the board announced its intention to pay this year a total dividend of 49p, 8.9% higher than last year.
The managers explore UK companies of all sizes to identify undervalued stocks and those out of favour. The trust has outperformed both its benchmark and the IT UK Equity Income sector over the past five years, by 20.12%* and 11.83%* respectively.
*Source: FE Analytics, total returns in sterling from 1 June 2012 to 1 June 2017