Standard Life Equity Income Trust

 

General trust information

Fund codes:

SEDOL: 0603959 - Reuters: SLET.L

Objective

To achieve above average income from equity investment, with the aim of growing the dividend at least in line with the Retail Price Index while also achieving capital growth.

Profile

The Standard Life Equity Income Trust plc will invest mainly in UK equities and may also hold a proportion in fixed interest stocks to supplement income, or to provide stability when the outlook for the UK equity market is less optimistic. Typical holdings will be 50 - 70 stocks with a minimum initial position of 1%.

Fund manager

Thomas Moore

Thomas Moore

Thomas is an Investment Director within the UK Equity Team. He began his career in 1998, joining Schroder Investment Management as Assistant Fund Manager, UK Equities. He joined Standard Life Investments in 2002 as an Investment Analyst. He then managed EMEA portfolios before moving to the UK Equity Team in 2006. His responsibilities include managing the UK Equity Income Unconstrained Fund, two institutional funds and analysing the Banks and financial services sectors. Thomas began managing the Standard Life Equity Income Trust in November 2011.