Our philosophy and process

  • The Fund has a policy of no direct investment in companies which derive more than 10% turnover from tobacco.
  • Environmental, social and governance (ESG) considerations are integrated throughout the research process and via proprietary quality reviews, to ensure that any material issues are captured.

Every time we consider a security or look at an industry or country, it’s in the context of what’s happening across the world. We believe the investment landscape is shaped over the long term by some key trends, and we use a range of global investment themes to capture these.

Investment team

The Newton Growth and Income Fund for Charities is managed by an experienced team. Our global sector analysts and investment managers are located on a single floor in London, which helps to ensure that the investment process is flexible and opportunistic. Guided by our global investment themes, the team works together to identify opportunities and risks through research and debate.

26
years' average investment experience
15
years' average time at Newton
  • Simon Nichols
    Simon Nichols

    Portfolio manager, UK equities

  • Hilary Meades
    Hilary Meades

    Portfolio manager, Multi-Asset team

  • Paul Flood
    Paul Flood

    Portfolio manager, multi-asset team

  • Charles French
    Charles French

    Deputy chief investment officer

  • Oliver Larminie
    Oliver Larminie

    Portfolio manager, charities and specialist institutions

  • Freeman Le Page
    Freeman Le Page

    Investment specialist and SRI client director

  • Joo Hee Lee
    Joo Hee Lee

    Multi-Asset Solutions manager

  • Bhavin Shah
    Bhavin Shah

    Portfolio manager, multi-asset team

  • Rob Stewart
    Rob Stewart

    Head of Responsible and Charity Investment

  • Tim Wilson
    Tim Wilson

    Head of global strategy

Strategy profile

Objective

To maximise returns through capital growth and income. To deliver a minimum target income yield of 3% per annum. This income yield is a target and is not guaranteed.

Literature

Application form
Prospectus
Annual Reports and Accounts
Sterling Accumulation KIID
Sterling Income KIID
X Accumulation KIID
X Income KIID
Char Growth and Income Fund for Charities factsheet

Fund factsheet

Information on performance and positioning.

Download Factsheet
Char Growth and Income Fund for Charities brochure

Brochure

More detail on the strategy's investment approach.

Download Brochure

View Transcript

Performance

 

June 2014 to
June 2015		June 2015 to
June 2016		June 2016 to
June 2017		June 2017 to
June 2018		June 2018 to
June 2019
Growth and Income
Fund for Charities		8.112.412.09.79.9
Comparative
index		5.97.714.57.34.2

 

Source: Newton, Lipper as at 30 June 2019, Sterling Income share class (ISIN: GB00BH3H2883). Fund performance calculated as total return including reinvested income net of UK tax and charges, based on net asset value. All figures are in GBP terms. The impact of an initial charge (currently not applied) can be material on the performance of your investment. Further information is available upon request. The Fund’s comparative index is a composite index consisting of 20% FTSE Government All Stocks (comprised of sterling-denominated UK government bonds), 50% FTSE All-Share (a market-capitalisation weighted index representing the performance of all eligible companies listed on the London Stock Exchange’s main market), 25% FTSE World ex UK index (comprised of large and mid-cap stocks in both developed and emerging markets excluding the UK), and 5% GBP 7-day London Interbank Bid Rate (the average interest rate at which major London banks bid to borrow for a seven-day period from other banks). The Fund does not aim to replicate either the composition or the performance of the comparative index.

Past performance is not a guide to future performance. Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested. This Fund invests in international markets which means it is exposed to changes in currency rates which could affect the value of the Fund. You should read the Prospectus and the Key Investor Information Document (KIID) for each fund in which you want to invest. The Prospectus and the KIID can be found on this page.
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Is an absolute-return objective still relevant and achievable?

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25 July 2019
Multi-asset, Real Return

Key investment risks

 

  • Objective/performance risk: There is no guarantee that the Fund will achieve its objectives.
  • Currency risk: This Fund invests in international markets which means it is exposed to changes in currency rates which could affect the value of the Fund.
  • Derivatives risk: Derivatives are highly sensitive to changes in the value of the asset from which their value is derived. A small movement in the value of the underlying asset can cause a large movement in the value of the derivative. This can increase the sizes of losses and gains, causing the value of your investment to fluctuate. When using derivatives, the Fund can lose significantly more than the amount it has invested in derivatives.
  • Changes in interest rates & inflation risk: Investments in bonds/money market securities are affected by interest rates and inflation trends which may negatively affect the value of the Fund.
  • Credit risk: The issuer of a security held by the Fund may not pay income or repay capital to the Fund when due.
  • Charges to capital: The Fund takes its charges from the capital of the Fund. Investors should be aware that this has the effect of lowering the capital value of your investment and limiting the potential for future capital growth. On redemption, you may not receive back the full amount you initially invested.
  • Counterparty risk: The insolvency of any institutions providing services such as custody of assets or acting as a counterparty to derivatives or other contractual arrangements, may expose the Fund to financial loss