If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change.
The ES Share Centre Multi Manager Growth & Income Fund is our medium-risk fund for investors wanting a regular income payment as well as capital growth.
About the Growth & Income Multi Manager Fund
Our Growth & Income fund aims to provide a combination of income and capital growth. This fund comprises of other funds that invest in a mix of equities, bonds, gold and alternatives, which are used to diversify how much risk the manager takes to achieve returns.
This fund is suitable if you prefer to have exposure to developed and developing stock markets and have an appetite for medium risk returns. If you're seeking a regular income payment, this could also be for you with its aim to provide a half-yearly dividend, on top of capital growth.
As a more balanced fund, the income provided is a lower percentage than our Income Fund, and the growth isn’t expected to be as high as our dedicated Growth Fund. Instead, this fund balances between our two other funds.
We offer three Multi Manager funds, each with different goals, risk levels and investments, and each suitable for different investors. Want something more focused on either growth or income, then check out our Multi Manager Fund hub.
Your investment goals
Everyone starts investing for their own personal reasons, with their own motivation and goal in mind. The key to knowing whether you’re making the right decisions for you is to look at what you ultimately want to achieve from investing your hard-earned money and how long you want to wait to achieve it.
The Growth & Income Fund might be suitable for you if:
- You're looking for a combination of a regular income and capital growth.
- You want to invest for the long-term and you're not put off by ‘ups’ and ‘downs’ in the value of capital.
- You're comfortable with the majority on your investment being held in Developed Markets with some exposure to Emerging Markets.
How do I invest?
You can buy our Multi Manager Funds in most of our investment accounts. If you have an existing account with us, you can invest in the funds quickly and easily.
We also have a dedicated Growth & Income Ready-made ISA. It's a great choice if you don't have an ISA already and is a cost-effective way to invest in our funds.
Opening a Growth & Income Fund Ready Made ISA
Step 1) Open a Ready Made ISA by following our easy online account opening process.
Step 2) Choose the Growth & Income Fund option from the three available funds.
Step 3) Pay in a lump sum or set up a direct debit. Our investment experts will do the rest.
Investing in your existing account
Step 1) Click on "buy" on your chosen investment (click here) and follow the dealing process that it takes you through.
Benefits of the Growth & Income Fund
Growth as well as income
Receive a six-monthly cash dividend payment alongside capital growth.
More time, less stress
Leave the decisions to us; our fund managers look after the fund.
Clarity on your money
The low fund charge is calculated in the price of the investment.
Learn more about the fund
Our Multi Manager Funds are actively managed, meaning that the managers use their expertise to pick investments to achieve the fund's goals. With thorough research and analysis of the markets, managers and performance, our fund managers and their team choose the best underlying funds for each of our Multi Manager Fund's objectives.
What's in the fund?
All of our Multi Manager Funds are also known as fund-of-funds, so they are invested in a variety of other funds. Those underlying funds each have their own investments and are diversified across multiple different types of assets.
The Growth & Income Fund invests in a variety of regions, assets and sectors. A large portion of the underlying funds are invested in Global Developed Equities, many of which are UK or US based. Within the fund, there is a good split between Mutual Funds and Fixed Interest to balance income and growth. You can find more details on the fund breakdown in the Fact Sheet under "Important information" below.
Accumulation vs Income
A lot of funds offer two variants: Accumulation or Income. The difference between the two comes down to what happens with the fund's profits.
- Income: Profits are paid out to investors through a dividend.
- Accumulation: Profits are reinvested back into the fund.
An income fund will be more geared towards letting you reap benefits now through cash payments, whereas an accumulation fund focuses more on growing your investment so that you benefit down the road when you come to sell. Which fund is right for you depends on your individual goals and needs over a short-term and long-term period.
The important information
Before investing in any fund, we always advise reading through the Fund Fact Sheet, where you can find out about the fund's objectives, past performance and asset breakdown.
You can also find the Key Investor Information Document (KIID) here for more information about the fund.
You can also find the Key Investor Information Document (KIID) in the above links for more information about the fund.