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Evenlode Income Fund

The Evenlode Income Fund aims to deliver for clients, over rolling periods of five years, a combination of a healthy, growing dividend stream and attractive annualised capital returns. The Evenlode investment team aim to achieve this by investing in the shares of companies with market-leading positions, cash generative economics and attractive long-term growth potential. The fund will always be at least 80% invested in the shares of high-quality UK-based companies, but with revenues generated from a well-diversified range of geographies.

The Evenlode Income Fund has now soft closed. This decision was taken in order to protect existing investors in the Evenlode Income Fund and involves introducing an initial charge of 5% for new investors. There will be no subscription charges for existing investors.

Effective 9 March 2024, the Authorised Corporate Director (ACD) and administrator of Evenlode’s UK domiciled funds, Waystone Fund Services (UK) Limited changed to Investment Fund Services Limited (IFSL). On this date, the name of the WS Evenlode Investment Funds also changed to the IFSL Evenlode Investment Funds and fund documentation on this website was updated. Please note that only documents dated on or after 9 March 2024 use the IFSL prefix. As a result, the name of the fund is now IFSL Evenlode Income instead of WS Evenlode Income.

Following changes to the name of the previous ACD from T. Bailey Fund Services Limited to Waystone Fund Services (UK) Limited in October 2023, documents dated before 2 October 2023 used a TB prefix, and documents dated 2 October 2023 to 8 March 2024 used a WS prefix.

Key Details

About this Fund

  • Emphasis on sustainable real dividend growth

  • Focus on companies with high returns on capital and strong free cash-flow

  • Low portfolio turnover, long-term holding periods

  • Minimum of 80% in UK shares and up to 20% in overseas shares and/or cash

  • Invests across the market-cap spectrum

How to Invest

Evenlode funds are available through a number of channels depending on what type of investor you are.

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Awards and Ratings

Citywire Winner Best Fund Group 2022 - UK 999999999 20230306135600466 999999999 20230306135600466 Az Cjy FE Investment approved RGB Logo Rated Square Mile AA Msci  Esg  Aa 002 Morningstar Sustainability Rating High Morningstar Low Carbon

Fund Managers

Hugh Yarrow

Portfolio Manager

Hugh Yarrow is the co-founder of Evenlode and is the lead Portfolio Manager of Evenlode Income, having launched the fund in October 2009. He previously managed several equity income funds at Rathbone Unit Trust Management.

Hugh graduated from Edinburgh University with a first-class degree in Philosophy and Mathematics. He is also a fellow of the Chartered Institute for Securities and Investment.

Ben Peters

Portfolio Manager

Ben Peters co-founded Evenlode and is the lead Portfolio Manager on the Evenlode Global Income strategy team. He has been an Investment Analyst for Evenlode Income since the fund launched in 2009 and became co-manager in December 2012.

Ben holds a doctorate from Oxford University and a first-class degree from UCL, both in the field of physics. He holds the Investment Management Certificate and has also passed the CFA Level 1 exam.

Chris Moore

Portfolio Manager

Chris Moore is a Portfolio Manager on the Evenlode Income fund, is Head of Research, and joined Evenlode in 2018. He previously worked as an Equity Research Analyst at Investec Bank and Berenberg. Prior to that he worked in audit, M&A due diligence and restructuring at Deloitte and PwC.

Chris graduated from Warwick University having studied Accounting and Finance. He is a fully qualified Chartered Accountant (FCA) and Chartered Financial Analyst.

Portfolio Details

Latest Awards
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Best Companies World Class to Work For 2023
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