The Munro UK Dividend Fund is administered by Valu-Trac Administration Services Ltd, tel 01343 880344. New clients should click through to the relevant application form.
The Munro UK Dividend Fund invests directly in the majority of the UK's largest companies. This means investors effectively become part owners of these companies and are therefore exposed to the risks and rewards that result from the ownership of any asset. As we have explained elsewhere on the site the historical data over the last 100 years demonstrates that equities gives better returns than cash or bonds when held for periods of ten years or more. However, everyone knows that the stock market can be subject to periods of volatility caused by changes in things such as interest rates, commodity prices and any number of political events including war.
Sometimes these events are taken badly and can depress share prices, occasionally quite sharply. It is because shareholders are prepared to accept this short term volatility that they can be expected to earn better returns over the longer term. In simple terms higher risks mean higher reward; eventually. As long as potential investors understand, and are prepared for that, then this fund is suitable vehicle for long term capital growth.
Income or Accumulation?
The Munro UK Dividend Fund offers the option of taking income out four a year from the dividends paid by the underlying investments. Alternatively, that dividend income can be retained in the fund and reinvested for additional capital growth. That is why the share prices for Income and Accumulation shares in each class are different, and will become more different over time.
If you understand all that and still want to invest please click through to the appropriate application form on one of the links below.
Applications from Institutions
Applications from Private Investors
Send the completed form to Valu-Trac with the relevant documentation to:
Valu-Trac Adminstration Services
Orton
Moray
Scotland
IV32 7QE
+44 (0)1343 880217
To view the fund Key Investor Information Documents click a link below:
KIID A Class
KIID B Class
KIID X Class
To view the fund prospectus please click on the link below:
Platforms, Wraps and Brokers
The Munro UK Dividend Fund is available on the Transact, Hargreaves Landsdown, Selftrade, Ascentric, Raymond James and Standard Life platforms, also known as Wraps. Platforms and Wraps agree fees with, and are paid by, the investor. On a Fund Supermarket the advisor's fees are paid by the fund manager. Although the fee may be the same there is clear difference in interest. Offshore investors can access the fund through the Lombard Gold List.
It is possible to invest in with Hargreaves Lansdown via its Vantage platform for a flat fee of £2 a month.
The fund is available through all brokers including execution only ones such Interactive Investor International.
To access Transact click this link
Panels
The Munro UK Dividend Fund is a member of the Cormorant Capital panel in its UK high dividend companies slot under OEIC (Passive). The Munro UK Dividend Fund has also been reviewed by Defaqto and accepted as suitable for use by IFAs.
ISAs and SIPPs
The Munro UK Dividend Fund can be used in Individual Savings Accounts (ISA), Self Invested Personal Pensions (SIPP). This must be done through a third party set up to provide this service.
Low cost ISA wrappers are available from Avalon Investments and The Share Centre.
The Munro SIPP is a member directed SIPP administered by Stadia Trustees.
Monthly Savings
Monthly savings plans can be set up with Interactive Investor International and Hargreaves Lansdown.
Taking Advice
The world of financial planning is complex and it makes sense for many to seek advice. There are a large number of financial advisers in the UK and this page will help you choose one that is qualified to advise you.