UK Equity Income Fund.

Why invest in the UK Equity Income Trust?

• Gain exposure to a range of UK equities selected by the fund manager to give the potential for income and long-term capital growth.
• The fund invests in varied economic sectors including telecommunications, media, healthcare, financial services, energy and utilities.
• Invest £11,280 tax efficiently in an ISA or an unlimited amount in a unit trust.
• Minimum investment £500 as a lump sum, or £50 a month.
• Initial fee discounted to 0% and no withdrawal fee.
• You can top-up your investment at any time.
• Potential for long-term growth.

Charges

* as at 31 December 2011

Fund Performance

 *Source: Lipper. The graph and table above show the annual performance of the fund since launch, as at 31 March 2012. They take into account the annual management charge and extra expenses, and assume net income is reinvested.
**Source: Lipper. Assumes an investment of £10,000 on 31 March 2011. The value shows cumulative growth for the year and includes the initial investment. The figures take into account the annual management charge and extra expenses and assume net income is reinvested.
Past performance is not a guide to future performance.

Where the fund invests

 *as at 31 December 2011

Before you Apply

• Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed.
• You may get back less than you invest.
• Although there is no fixed term you should consider ISA and unit trust investments to be medium to long term, ideally five years or more.
• The tax efficiency of ISAs is based on current rules. The current tax situation may not be maintained. The benefit of the tax treatment depends on individual circumstances.
• Each trust has its own individual risks. More details about the fund specific risks can be found in the 'Key Investor Information' document. More general information can be found in 'Additional Fund Information' and 'A Guide to Investing with Us'. Before you decide to invest you must read these documents.