Investment Process

Step 2: Run a monthly refresh of forward-looking consensus dividend estimates.

02

Step 1: Screen all UK equities (excluding investment trusts).

01

Step 3: Weight each UK company by expected dividend contribution, adjusted for dual-listings.

03

The fund′s index follows the following systematic approach:

The fund is benchmarked to the Elston UK Equity Income Index which embeds the philosophy outlined above into a systematic index methodology using the following investment process.

The fund′s index is the Elston UK Equity Income Index. The index rules are available here.