The Balanced Equity Income Fund (CHBE) was launched in 2000 to provide Church House private clients with an income stream from a low volatility portfolio comprising higher yielding UK equities and some alternative assets.

Why invest in this Fund?

◆    The Fund has a particular focus on ‘quality’ companies defined as:
–    Balance sheet strength
–    Stability of cash flow returns
–    Ability to pay and grow dividends in the future
◆    CHBE is a focused portfolio at the stock level
–    approximately 50 holdings
◆    The Fund is also focused at the sector level with a tendency to overweight Pharmaceutical & Healthcare and Property, and underweight Oil Production & Services.

Investment philosophy

The objective of the CHBE is to provide income and capital growth over the long term. The focus of the Fund is on larger capitalisation UK companies (minimum 70% in UK equities). This equity exposure is balanced with holdings of up to 30% in other assets, which was originally focussed  on UK fixed interest stock.
We aim for a beta to the FTSE All-Share of around 0.8 and resulting lower volatility for investors, which has been the case: over five years (to end 2020) the Fund’s volatility is 10.7% as opposed to 14.1% for the FTSE All-Share Index.
The steep fall in yields in the fixed interest markets over the past few years has made it increasingly unattractive to utilise these instruments, particularly at longer dates, so we have switched more towards alternative assets, notably in infrastructure and specialist areas of property investment such as social housing.

How to invest


Financial Advisers, wealth managers and other professionals will find our funds listed on a wide range of retail platforms and they also appear on the main fund trading exchanges. A full list of the platforms we support is available using the link below.

Direct Investors

We also have arrangements in place for individuals who want to invest directly without either our wealth planning or portfolio management services. For more information including full instructions, please use the link below.

Platforms and direct investing

Contact us

To discuss your requirements, or to find out more about our funds and services, please contact us:

Sam Liddle Sales Director

Intermediary Sales

  • 07887 520621

Matthew Goodsir Business Development Manager

Intermediary Sales

  • 020 7534 9877