We are long term, active UK equity stock pickers. As traditional UK equity investors we adopt a common-sense approach in what we do – long only, profitable, UK listed, direct equity investment. Our rigorous fundamental research process enables us to identify the very best opportunities within the universe whilst keeping the spotlight on balance sheet quality, business model sustainability and valuation. We apply a naturally sceptical approach to our asset valuation process, maintaining awareness of the bear case scenario and the impact to investor returns. With no intentional style bias our portfolios offer high quality exposure across the capitalization spectrum managed in a collaborative environment from the heart of Leeds, UK.
Our UK Equity Income portfolios are aligned to the same overarching common-sense philosophy applied across the team. We believe that high quality UK companies generating sustainable cash flows and trading on reasonable multiples offer significant potential to outperform the broader market over the long term.
We don’t believe in simply chasing the highest yielding investments. We want attractively valued companies with good quality brands, pricing power and the ability to generate income and compound that income over the long term. Our advocacy for the power of compounding underpins our focus on generating a consistent dividend yield premium over the FTSE All Share index.
|Portfolio characteristics||UK Equity Income|
|Style||Core / Quality|
|Benchmark||FTSE All-Share Index|
|Allocation||UK listed shares|
|Market capitalisation||All-cap with a large cap bias|
|Number of stocks||30-50|
|Target yield||Consistent yield premium over the FTSE All-Share Index|
"Our advocacy for the power of compounding underpins our focus on generating a consistent dividend yield premium over the FTSE All Share index."