Acumen Portfolio 8 Class X Acc

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund -0.7% 21.1% 2.1% -4.7% -1.5%
Sector 4.5% 13.0% 3.7% -0.2% 6.0%
Rank 113/123 24/128 88/139 118/148 152/160
Quartile 4 1 3 4 4

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund -1.4% 2.9% n/a
Sector 3.2% 5.3% 5.5%
Rank 129/140 106/123 n/a
Quartile 4 4 n/a

Top 10 Holdings

Stock % Weight
iShares iShares VII plc Core FTSE 100 UCITS ETF GBP (Acc) 13.66
iShares iShares VI plc Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) 13.36
iShares iShares III plc Core MSCI Japan IMI UCITS ETF USD (Acc) 6.73
APPLE 0.95
MICROSOFT CORP 0.74
AMAZON.COM 0.41
NVIDIA CORP 0.39
ALPHABET INC 0.26
ALPHABET INC 0.24
TESLA 0.24
Total 36.97

Fund Aims

The aim of the Fund is to increase in value, over a minimum of 5 years, by investing in a range of asset classes and global markets. The Fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments such as dividends from shares and interest from bonds. The Fund aims to outperform the Market Composite Benchmark over any 3 year period.

Fund Manager

John Leiper manager for 5 years and 11 months

Photo of John Leiper John is the Head of Portfolio Management at Tavistock Wealth. Together with the research and investment team he manages the ACUMEN Portfolios and the Tavistock PB PROFILES. John has more than 10 years’ experience in financial markets having previously worked in a variety of roles at RBS, Morgan Stanley and Credit Suisse. John holds a BSc degree in Economics from Warwick University and an MSc degree in Economic History from the London School of Economics.

Fund Overview

Mid (27/03/2024) 125.25p
Historic yield -
Fund size (31/12/2023) £15.94m
Number of holdings 1509
Entry Charge 0.00%
Ongoing Charges 1.12%
Launch date 01/06/2017

Asset Allocation

pie chart
  International Equities 37.43%
  Commodities 17.05%
  UK Equities 14.41%
  Cash and Equivalents 2.73%
  Property 0.21%
  International Bonds 0.01%
  Alternative Trading Strategies 0.00%
  Other Assets 28.15%
Portfolio data accurate as at: 31/12/23
Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 37.43%
  Commodities 17.05%
  UK Equities 14.41%
  Cash and Equivalents 2.73%
  Property 0.21%
  International Bonds 0.01%
  Alternative Trading Strategies 0.00%
  Other Assets 28.15%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Non-Classified 61.99% - - -
 
Non-Classified - 28.15% - -
 
Non-Classified - - 28.15% -
 
Non-Classified - - - 28.15%
 
Commodities 17.05% - - -
 
Commodities - 17.05% - -
 
Commodities - - 17.05% -
 
Commodities - - - 17.05%
 
Technology 4.58% - - -
 
Technology - 4.58% - -
 
Software & Computer Services - - 2.38% -
 
Software - - - 1.42%
 
Consumer Digital Services - - - 0.80%
 
Computer Services - - - 0.16%
 
Technology Hardware & Equipment - - 2.20% -
 
Computer Hardware - - - 1.00%
 
Semiconductors - - - 0.88%
 
Production Technology Equipment - - - 0.23%
 
Electronic Components - - - 0.07%
 
Electronic Office Equipment - - - 0.02%
 
Cash and Equivalents 2.73% - - -
 
Consumer Discretionary 2.60% - - -
 
Retail - 0.96% - -
 
Retailers - - 0.96% -
 
Diversified Retailers - - - 0.63%
 
Home Improvement Retailers - - - 0.16%
 
Apparel Retailers - - - 0.08%
 
Specialty Retailers - - - 0.08%
 
Consumer Products & Services - 0.57% - -
 
Personal Goods - - 0.27% -
 
Clothing & Accessories - - - 0.13%
 
Footwear - - - 0.06%
 
Cosmetics - - - 0.05%
 
Luxury Items - - - 0.03%
 
Leisure Goods - - 0.12% -
 
Electronic Entertainment - - - 0.06%
 
Consumer Electronics - - - 0.05%
 
Recreational Products - - - 0.01%
 
Recreational Vehicles & Boats - - - 0.01%
 
Toys - - - 0.00%
 
Consumer Services - - 0.10% -
 
Consumer Services: Misc. - - - 0.08%
 
Vending & Catering Service - - - 0.01%
 
Education Services - - - 0.00%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Household Goods & Home Construction - - 0.07% -
 
Home Construction - - - 0.06%
 
Household Equipment & Products - - - 0.01%
 
Household Appliance - - - 0.00%
 
Automobiles & Parts - 0.51% - -
 
Automobiles & Parts - - 0.51% -
 
Automobiles - - - 0.44%
 
Auto Parts - - - 0.05%
 
Tires - - - 0.02%
 
Travel & Leisure - 0.35% - -
 
Travel & Leisure - - 0.35% -
 
Restaurants & Bars - - - 0.15%
 
Travel & Tourism - - - 0.07%
 
Casinos & Gambling - - - 0.05%
 
Hotels & Motels - - - 0.04%
 
Recreational Services - - - 0.02%
 
Airlines - - - 0.01%
 
Media - 0.22% - -
 
Media - - 0.22% -
 
Entertainment - - - 0.12%
 
Media Agencies - - - 0.04%
 
Publishing - - - 0.04%
 
Radio & TV Broadcasters - - - 0.03%
 
Industrials 2.51% - - -
 
Industrial Goods & Services - 2.27% - -
 
Industrial Support Services - - 0.70% -
 
Transaction Processing Services - - - 0.41%
 
Professional Business Support Services - - - 0.18%
 
Industrial Suppliers - - - 0.07%
 
Business Training & Employment Agencies - - - 0.03%
 
Security Services - - - 0.01%
 
Forms & Bulk Printing Services - - - 0.00%
 
General Industrials - - 0.42% -
 
Diversified Industrials - - - 0.33%
 
Containers & Packaging - - - 0.04%
 
Paints & Coatings - - - 0.04%
 
Glass - - - 0.00%
 
Industrial Transportation - - 0.37% -
 
Railroads - - - 0.16%
 
Delivery Services - - - 0.08%
 
Transportation Services - - - 0.03%
 
Commercial Vehicles & Parts - - - 0.03%
 
Trucking - - - 0.03%
 
Commercial Vehicle-Equipment Leasing - - - 0.02%
 
Marine Transportation - - - 0.02%
 
Railroad Equipment - - - 0.01%
 
Aerospace & Defence - - 0.29% -
 
Aerospace - - - 0.18%
 
Defense - - - 0.11%
 
Industrial Engineering - - 0.24% -
 
Machinery: Construction & Handling - - - 0.09%
 
Machinery: Industrial - - - 0.07%
 
Machinery: Agricultural - - - 0.05%
 
Machinery: Tools - - - 0.02%
 
Machinery: Engines - - - 0.01%
 
Machinery: Specialty - - - 0.00%
 
Electronic & Electrical Equipment - - 0.24% -
 
Electrical Components - - - 0.09%
 
Electronic Equipment: Gauges & Meters - - - 0.07%
 
Electronic Equipment: Control & Filter - - - 0.06%
 
Electronic Equipment: Other - - - 0.02%
 
Electronic Equipment: Pollution Control - - - 0.01%
 
Construction & Materials - 0.24% - -
 
Construction & Materials - - 0.24% -
 
Building Materials: Other - - - 0.08%
 
Building: Climate Control - - - 0.06%
 
Construction - - - 0.04%
 
Cement - - - 0.03%
 
Engineering & Contracting Services - - - 0.02%
 
Building, Roofing/Wallboard & Plumbing - - - 0.01%
 
Financials 2.29% - - -
 
Banks - 0.99% - -
 
Banks - - 0.99% -
 
Banks - - - 0.99%
 
Financial Services - 0.74% - -
 
Investment Banking & Brokerage Services - - 0.63% -
 
Investment Services - - - 0.25%
 
Asset Managers & Custodians - - - 0.20%
 
Diversified Financial Services - - - 0.18%
 
Finance & Credit Services - - 0.10% -
 
Financial Data & Systems - - - 0.10%
 
Consumer Lending - - - 0.00%
 
Mortgage Real Estate Investment Trusts - - 0.00% -
 
Mortgage REITs: Residential - - - 0.00%
 
Insurance - 0.56% - -
 
Non-life Insurance - - 0.39% -
 
Property & Casualty Insurance - - - 0.16%
 
Full Line Insurance - - - 0.12%
 
Insurance Brokers - - - 0.08%
 
Reinsurance - - - 0.04%
 
Life Insurance - - 0.17% -
 
Life Insurance - - - 0.17%
 
Health Care 2.17% - - -
 
Health Care - 2.17% - -
 
Pharmaceuticals & Biotechnology - - 1.25% -
 
Pharmaceuticals - - - 1.13%
 
Biotechnology - - - 0.12%
 
Medical Equipment & Services - - 0.61% -
 
Medical Equipment - - - 0.45%
 
Medical Supplies - - - 0.14%
 
Medical Services - - - 0.02%
 
Health Care Providers - - 0.30% -
 
Health Care Management Services - - - 0.24%
 
Health Care Services - - - 0.04%
 
Health Care Facilities - - - 0.03%
 
Consumer Staples 1.12% - - -
 
Food, Beverage & Tobacco - 0.71% - -
 
Beverages - - 0.30% -
 
Soft Drinks - - - 0.18%
 
Brewers - - - 0.07%
 
Distillers & Vintners - - - 0.05%
 
Food Producers - - 0.29% -
 
Food Products - - - 0.26%
 
Fruit & Grain Processing - - - 0.02%
 
Farming, Fishing, Ranching & Plantations - - - 0.02%
 
Tobacco - - 0.11% -
 
Tobacco - - - 0.11%
 
Personal Care, Drug & Grocery Stores - 0.42% - -
 
Personal Care, Drug & Grocery Stores - - 0.42% -
 
Personal Products - - - 0.22%
 
Food Retailers & Wholesalers - - - 0.10%
 
Drug Retailers - - - 0.06%
 
Nondurable Household Products - - - 0.03%
 
Energy 0.93% - - -
 
Energy - 0.93% - -
 
Non-Renewable Energy - - 0.89% -
 
Integrated Oil & Gas - - - 0.46%
 
Oil: Crude Producers - - - 0.21%
 
Pipelines - - - 0.10%
 
Oil Refining and Marketing - - - 0.07%
 
Oil Equipment & Services - - - 0.05%
 
Offshore Drilling & Other Services - - - 0.01%
 
Coal - - - 0.00%
 
Renewable Energy - - 0.03% -
 
Renewable Energy Equipment - - - 0.02%
 
Alternative Fuels - - - 0.01%
 
Basic Materials 0.59% - - -
 
Basic Resources - 0.30% - -
 
Industrial Metals & Mining - - 0.23% -
 
General Mining - - - 0.13%
 
Iron & Steel - - - 0.05%
 
Copper - - - 0.03%
 
Metal Fabricating - - - 0.01%
 
Aluminum - - - 0.00%
 
Nonferrous Metals - - - 0.00%
 
Precious Metals & Mining - - 0.05% -
 
Gold Mining - - - 0.05%
 
Platinum & Precious Metals - - - 0.00%
 
Industrial Materials - - 0.02% -
 
Paper - - - 0.01%
 
Diversified Materials - - - 0.01%
 
Forestry - - - 0.00%
 
Chemicals - 0.29% - -
 
Chemicals - - 0.29% -
 
Chemicals: Diversified - - - 0.17%
 
Specialty Chemicals - - - 0.09%
 
Fertilizers - - - 0.03%
 
Chemicals & Synthetic Fibers - - - 0.00%
 
Utilities 0.52% - - -
 
Utilities - 0.52% - -
 
Electricity - - 0.33% -
 
Conventional Electricity - - - 0.31%
 
Alternative Electricity - - - 0.02%
 
Gas, Water & Multi-utilities - - 0.15% -
 
Multi-Utilities - - - 0.11%
 
Water - - - 0.02%
 
Gas Distribution - - - 0.02%
 
Waste & Disposal Services - - 0.04% -
 
Waste & Disposal Services - - - 0.04%
 
Telecommunications 0.47% - - -
 
Telecommunications - 0.47% - -
 
Telecommunications Service Providers - - 0.34% -
 
Telecommunications Services - - - 0.26%
 
Cable Television Services - - - 0.09%
 
Telecommunications Equipment - - 0.13% -
 
Telecommunications Equipment - - - 0.13%
 
Real Estate 0.43% - - -
 
Real Estate - 0.43% - -
 
Real Estate Investment Trusts - - 0.35% -
 
Other Specialty REITs - - - 0.06%
 
Residential REITs - - - 0.06%
 
Infrastructure REITs - - - 0.05%
 
Retail REITs - - - 0.05%
 
Industrial REITs - - - 0.05%
 
Health Care REITs - - - 0.02%
 
Diversified REITs - - - 0.02%
 
Office REITs - - - 0.01%
 
Storage REITs - - - 0.01%
 
Hotel & Lodging REITs - - - 0.01%
 
Timber REITs - - - 0.01%
 
Real Estate Investment & Services - - 0.07% -
 
Real Estate Holding and Development - - - 0.05%
 
Real Estate Services - - - 0.02%
 
Bonds 0.01% - - -
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  Non-Classified 28.21%
  North America 26.17%
  Developed Europe - Excl UK 19.85%
  UK 14.42%
  Japan 7.86%
  Cash and Equivalents 2.73%
  Australia & New Zealand 0.36%
  Property 0.21%
  Developed Asia 0.15%
  Other Regions 0.04%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.91%
  Cash 0.07%
  Mexican Peso 0.01%
  Swedish Krona 0.01%

Regional Breakdown

Expand allCollapse all
Region Country
 
Non-Classified 28.21% -
 
North America 26.17% -
 
United States - 25.59%
 
Canada - 0.58%
 
Bermuda - 0.00%
 
Developed Europe - Excl UK 19.85% -
 
Ireland - 14.68%
 
Luxembourg - 2.70%
 
Switzerland - 0.55%
 
France - 0.53%
 
Germany - 0.40%
 
Netherlands - 0.32%
 
Denmark - 0.16%
 
Sweden - 0.14%
 
Spain - 0.13%
 
Italy - 0.09%
 
Finland - 0.06%
 
Belgium - 0.04%
 
Norway - 0.03%
 
Austria - 0.01%
 
Portugal - 0.01%
 
UK 14.42% -
 
United Kingdom - 14.41%
 
Jersey - 0.01%
 
Japan 7.86% -
 
Japan - 7.86%
 
Cash and Equivalents 2.73% -
 
Australia & New Zealand 0.36% -
 
Australia - 0.33%
 
New Zealand - 0.01%
 
New Caledonia - 0.01%
 
Property 0.21% -
 
Developed Asia 0.15% -
 
Hong Kong - 0.09%
 
Singapore - 0.05%
 
Middle East & Africa 0.03% -
 
Israel - 0.03%
 
South & Central America 0.01% -
 
Cayman Islands - 0.01%
 
Mexico - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
9.57%
Large
 
 
2.71%
Medium
 
 
0.42%
Small
 
 
0.01%
Non-Classified
 
 
84.54%
Bonds
 
 
0.01%
Cash
 
 
2.73%

Top 10 Holdings

Stock % Weight Sector Country
1 iShares iShares VII plc Core FTSE 100 UCITS ETF GBP (Acc) 13.66% Non-Classified United Kingdom
2 iShares iShares VI plc Edge S&P 500 Minimum Volatility UCITS ETF USD (Acc) 13.36% Non-Classified United States
3 iShares iShares III plc Core MSCI Japan IMI UCITS ETF USD (Acc) 6.73% Non-Classified Japan
4 APPLE 0.95% Technology Hardware & Equipment United States
5 MICROSOFT CORP 0.74% Software & Computer Services United States
6 AMAZON.COM 0.41% Retailers United States
7 NVIDIA CORP 0.39% Technology Hardware & Equipment United States
8 ALPHABET INC 0.26% Software & Computer Services United States
9 ALPHABET INC 0.24% Software & Computer Services United States
10 TESLA 0.24% Automobiles & Parts United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.01% 4.57% - - - - - - 4.58%
Telecommunications 0.01% 0.46% - - - - - - 0.47%
Financials 0.13% 2.16% - 0.01% - - - - 2.30%
Real Estate - 0.21% - - - 0.21% - - 0.43%
Consumer Discretionary 0.07% 2.53% - - - - - - 2.61%
Consumer Staples 0.14% 0.98% - - - - - - 1.12%
Energy 0.13% 0.80% - - - - - - 0.93%
Utilities 0.03% 0.49% - - - - - - 0.52%
Health Care 0.10% 2.06% - - - - - - 2.17%
Industrials 0.08% 2.43% - - - - - - 2.51%
Basic Materials 0.06% 0.54% - - - - - - 0.59%
Cash and Equivalents - - - - - - - 2.73% 2.73%
Non-Classified 13.66% 20.19% - - - - 45.20% - 79.04%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code BZ3T3L0
Mex Code -
Isin Code GB00BZ3T3L00
Citi Code NXM9

Fund Charges

Entry Charge 0.00%
Ongoing Charges 1.12%

Aims and Benchmark

Aims The aim of the Fund is to increase in value, over a minimum of 5 years, by investing in a range of asset classes and global markets. The Fund will do this through a combination of capital growth, which is profit on investments held, and income, which is money paid out of investments such as dividends from shares and interest from bonds. The Fund aims to outperform the Market Composite Benchmark over any 3 year period.
Benchmark Flexible Investment
Benchmark Category -
IA Sector Flexible Investment

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
31 October 31 December

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository NatWest Trustee and Depositary Services Limited
Fund Administrator Investment Fund Services Limited
Fund Registrar Investment Fund Services Limited
Fund Custodian BNP Paribas Securities Services

Group Details

Group name IFSL Acumen
Group address 5 Victoria Street Windsor Berkshire SL4 1HB
Group telephone +44 1753 867000
Dealing telephone -
Email -
Homepage tavistockinvestments.com/
Fax number -

Dealing

Minimum Investment -
Minimum Top Up -
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 4

Risk Analysis

Ratio Value
Alpha -4.04
Beta 0.85
Sharpe 0.00
Standard Deviation 8.31
Info Ratio -0.89

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk No
Performance Charges No
Derivative Exposure Yes
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities No
New Fund Yes
Solvency of Depository No
Solvency of Bond Issuers Yes
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Derivative Exposure

The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.

New Fund

The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.

Solvency of Bond Issuers

If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.