The fund aims to provide an annual dividend yield higher than that of the FTSE All-Share Index; an income distribution that increases every year; and a combination of capital growth and income, net of the Ongoing Charge Figure, that is higher than that of the FTSE All-Share Index over any five-year period. At least 70% of the fund is invested in the shares of companies listed in the UK, across any sector and of any size. The investment approach emphasises dividend yield to help identify stocks that are relatively cheap and to avoid those that are expensive.
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