FP Volare Strategic Class A Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
|---|---|---|---|---|---|
| Fund | -8.9% | 20.9% | 4.5% | -2.2% | 7.5% |
| Sector | -8.0% | 26.4% | 5.2% | -4.5% | 10.2% |
| Rank | 97/169 | 160/181 | 124/196 | 40/206 | 172/212 |
| Quartile | 3 | 4 | 3 | 1 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | 3.2% | 3.9% | n/a | |
| Sector | 3.4% | 5.2% | 5.5% | |
| Rank | 115/196 | 139/169 | n/a | |
| Quartile | 3 | 4 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| 1¼% Treasury Gilt 2051 | 3.78 |
| Us 2Yr Note Mar 24 | 1.70 |
| GBPFWD FX CONTRACT25 JAN 2024 | 1.48 |
| GBPFWD FX CONTRACT25 JAN 2024 | 1.34 |
| Us 5Yr Note Mar 24 | 1.18 |
| UNILEVER | 1.00 |
| MICROSOFT CORPORATION | 0.98 |
| NATIONAL GRID | 0.86 |
| GBPFWD FX CONTRACT25 JAN 2024 | 0.82 |
| DIAGEO | 0.73 |
| Total | 13.87 |
Fund Aims
The Fund aims to achieve an income target of 3.5%.
Fund Manager
Tom joined LGT Vestra in February 2011 where he created Management Information and assisted in process reform. In September 2012 he joined the MPS team and since then has managed the LGT Vestra Model Portfolios. He is a member of the LGT Vestra Central Investment Committee, the Authorised Collectives Committee and the MPS Investment Committee. Tom has completed his PCIAM and is a chartered member of the CISI. He has managed the Volare Funds since their launch.
Sanjay is a Partner at LGT Vestra, specialising in managing global investment mandates with multi asset class solutions, and has developed the capability to provide a personalised options trading facility for private clients. Previously he was at UBS WM (UK) Ltd where he managed institutional funds along with private client money and prior to this he was an Investment Director at Laing & Cruickshank, and manager of the OM BD technology fund at Brewin. He has managed the Volare Funds since their launch.
Phoebe joined LGT Vestra in October 2014 as an Investment Manager and is responsible for running the LGT Vestra Model Portfolios across a number of platforms. Phoebe is a member of the Investment Committee and works with a number of IFAs providing bespoke model portfolios tailored to individual firms. Prior to Vestra, Phoebe worked at Adam & Company and at Coutts managing client investments. Phoebe has completed her Investment Management Certificate, the CISI Private Client Investment Advice and Management exam and is a chartered member of the CISI. She has managed the Volare Funds since their launch.
Fund Overview
| Mid (26/04/2024) | 99.16p |
| Historic yield | - |
| Fund size (31/03/2024) | £3.31m |
| Number of holdings | 5228 |
| Entry Charge | 0.00% |
| Ongoing Charges | 1.18% |
| Launch date | 03/01/2017 |
Asset Allocation
| International Equities | 35.35% | |
| International Bonds | 19.79% | |
| UK Equities | 12.67% | |
| UK Gilts | 4.25% | |
| Cash and Equivalents | 3.85% | |
| UK Corporate Bonds | 3.30% | |
| Property | 0.53% | |
| Investment Trusts | 0.35% | |
| Money Market | 0.12% | |
| Other Assets | 19.81% |
Asset Allocation
| International Equities | 35.35% | |
| International Bonds | 19.79% | |
| UK Equities | 12.67% | |
| UK Gilts | 4.25% | |
| Cash and Equivalents | 3.85% | |
| UK Corporate Bonds | 3.30% | |
| Property | 0.53% | |
| Investment Trusts | 0.35% | |
| Money Market | 0.12% | |
| Other Assets | 19.81% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 27.34% | - | - | - | |
| Non-Classified | 19.83% | - | - | - | |
| Non-Classified | - | 15.49% | - | - | |
| Non-Classified | - | - | 15.49% | - | |
| Non-Classified | - | - | - | 15.49% | |
| Industrials | 8.28% | - | - | - | |
| Industrial Goods & Services | - | 6.83% | - | - | |
| Industrial Support Services | - | - | 2.64% | - | |
| Professional Business Support Services | - | - | - | 1.48% | |
| Transaction Processing Services | - | - | - | 0.91% | |
| Security Services | - | - | - | 0.15% | |
| Industrial Suppliers | - | - | - | 0.10% | |
| Business Training & Employment Agencies | - | - | - | 0.01% | |
| Forms & Bulk Printing Services | - | - | - | 0.00% | |
| Industrial Transportation | - | - | 2.15% | - | |
| Railroads | - | - | - | 1.17% | |
| Transportation Services | - | - | - | 0.60% | |
| Delivery Services | - | - | - | 0.08% | |
| Trucking | - | - | - | 0.08% | |
| Railroad Equipment | - | - | - | 0.08% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.07% | |
| Marine Transportation | - | - | - | 0.06% | |
| Commercial Vehicles & Parts | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 0.83% | - | |
| Electrical Components | - | - | - | 0.53% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.16% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.12% | |
| Electronic Equipment: Other | - | - | - | 0.01% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.00% | |
| Industrial Engineering | - | - | 0.48% | - | |
| Machinery: Tools | - | - | - | 0.21% | |
| Machinery: Industrial | - | - | - | 0.16% | |
| Machinery: Construction & Handling | - | - | - | 0.09% | |
| Machinery: Agricultural | - | - | - | 0.02% | |
| Machinery: Specialty | - | - | - | 0.00% | |
| Machinery: Engines | - | - | - | 0.00% | |
| General Industrials | - | - | 0.40% | - | |
| Containers & Packaging | - | - | - | 0.22% | |
| Diversified Industrials | - | - | - | 0.16% | |
| Paints & Coatings | - | - | - | 0.01% | |
| Glass | - | - | - | 0.00% | |
| Plastics | - | - | - | 0.00% | |
| Aerospace & Defence | - | - | 0.33% | - | |
| Aerospace | - | - | - | 0.17% | |
| Defense | - | - | - | 0.16% | |
| Construction & Materials | - | 1.45% | - | - | |
| Construction & Materials | - | - | 1.45% | - | |
| Construction | - | - | - | 0.68% | |
| Engineering & Contracting Services | - | - | - | 0.57% | |
| Building Materials: Other | - | - | - | 0.16% | |
| Building: Climate Control | - | - | - | 0.03% | |
| Cement | - | - | - | 0.01% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.00% | |
| Consumer Discretionary | 7.55% | - | - | - | |
| Media | - | 2.87% | - | - | |
| Media | - | - | 2.87% | - | |
| Publishing | - | - | - | 1.48% | |
| Media Agencies | - | - | - | 0.68% | |
| Entertainment | - | - | - | 0.55% | |
| Radio & TV Broadcasters | - | - | - | 0.16% | |
| Consumer Products & Services | - | 2.85% | - | - | |
| Personal Goods | - | - | 1.37% | - | |
| Clothing & Accessories | - | - | - | 0.73% | |
| Cosmetics | - | - | - | 0.53% | |
| Footwear | - | - | - | 0.10% | |
| Luxury Items | - | - | - | 0.01% | |
| Consumer Services | - | - | 0.58% | - | |
| Consumer Services: Misc. | - | - | - | 0.47% | |
| Vending & Catering Service | - | - | - | 0.11% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.00% | |
| Education Services | - | - | - | 0.00% | |
| Leisure Goods | - | - | 0.52% | - | |
| Electronic Entertainment | - | - | - | 0.38% | |
| Recreational Products | - | - | - | 0.12% | |
| Toys | - | - | - | 0.01% | |
| Consumer Electronics | - | - | - | 0.01% | |
| Photography | - | - | - | 0.00% | |
| Recreational Vehicles & Boats | - | - | - | 0.00% | |
| Household Goods & Home Construction | - | - | 0.38% | - | |
| Household Appliance | - | - | - | 0.21% | |
| Home Construction | - | - | - | 0.16% | |
| Household Equipment & Products | - | - | - | 0.00% | |
| Household Furnishings | - | - | - | 0.00% | |
| Travel & Leisure | - | 0.62% | - | - | |
| Travel & Leisure | - | - | 0.62% | - | |
| Casinos & Gambling | - | - | - | 0.21% | |
| Hotels & Motels | - | - | - | 0.19% | |
| Restaurants & Bars | - | - | - | 0.08% | |
| Travel & Tourism | - | - | - | 0.05% | |
| Recreational Services | - | - | - | 0.05% | |
| Airlines | - | - | - | 0.03% | |
| Retail | - | 0.61% | - | - | |
| Retailers | - | - | 0.61% | - | |
| Diversified Retailers | - | - | - | 0.35% | |
| Home Improvement Retailers | - | - | - | 0.15% | |
| Specialty Retailers | - | - | - | 0.07% | |
| Apparel Retailers | - | - | - | 0.04% | |
| Automobiles & Parts | - | 0.59% | - | - | |
| Automobiles & Parts | - | - | 0.59% | - | |
| Automobiles | - | - | - | 0.40% | |
| Tires | - | - | - | 0.13% | |
| Auto Parts | - | - | - | 0.06% | |
| Auto Services | - | - | - | 0.00% | |
| Financials | 6.63% | - | - | - | |
| Banks | - | 2.64% | - | - | |
| Banks | - | - | 2.64% | - | |
| Banks | - | - | - | 2.64% | |
| Financial Services | - | 2.37% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.49% | - | |
| Investment Services | - | - | - | 0.77% | |
| Asset Managers & Custodians | - | - | - | 0.62% | |
| Diversified Financial Services | - | - | - | 0.10% | |
| Finance & Credit Services | - | - | 0.53% | - | |
| Financial Data & Systems | - | - | - | 0.50% | |
| Consumer Lending | - | - | - | 0.02% | |
| Mortgage Finance | - | - | - | 0.01% | |
| Equity Investment Instruments | - | - | 0.35% | - | |
| Equity Investment Instruments | - | - | - | 0.35% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.00% | - | |
| Mortgage REITs: Residential | - | - | - | 0.00% | |
| Insurance | - | 1.61% | - | - | |
| Non-life Insurance | - | - | 1.23% | - | |
| Property & Casualty Insurance | - | - | - | 0.60% | |
| Full Line Insurance | - | - | - | 0.40% | |
| Reinsurance | - | - | - | 0.19% | |
| Insurance Brokers | - | - | - | 0.03% | |
| Life Insurance | - | - | 0.39% | - | |
| Life Insurance | - | - | - | 0.39% | |
| Consumer Staples | 6.20% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 3.23% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 3.23% | - | |
| Personal Products | - | - | - | 2.16% | |
| Food Retailers & Wholesalers | - | - | - | 0.50% | |
| Nondurable Household Products | - | - | - | 0.36% | |
| Drug Retailers | - | - | - | 0.20% | |
| Food, Beverage & Tobacco | - | 2.98% | - | - | |
| Beverages | - | - | 1.73% | - | |
| Distillers & Vintners | - | - | - | 0.96% | |
| Soft Drinks | - | - | - | 0.53% | |
| Brewers | - | - | - | 0.24% | |
| Food Producers | - | - | 0.72% | - | |
| Food Products | - | - | - | 0.70% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
| Fruit & Grain Processing | - | - | - | 0.01% | |
| Sugar | - | - | - | 0.00% | |
| Tobacco | - | - | 0.53% | - | |
| Tobacco | - | - | - | 0.53% | |
| Health Care | 5.45% | - | - | - | |
| Health Care | - | 5.45% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 3.03% | - | |
| Pharmaceuticals | - | - | - | 2.95% | |
| Biotechnology | - | - | - | 0.08% | |
| Medical Equipment & Services | - | - | 2.00% | - | |
| Medical Equipment | - | - | - | 1.24% | |
| Medical Supplies | - | - | - | 0.43% | |
| Medical Services | - | - | - | 0.34% | |
| Health Care Providers | - | - | 0.42% | - | |
| Health Care Services | - | - | - | 0.24% | |
| Health Care Management Services | - | - | - | 0.11% | |
| Health Care Facilities | - | - | - | 0.07% | |
| Technology | 5.42% | - | - | - | |
| Technology | - | 5.42% | - | - | |
| Software & Computer Services | - | - | 3.00% | - | |
| Software | - | - | - | 1.59% | |
| Consumer Digital Services | - | - | - | 0.82% | |
| Computer Services | - | - | - | 0.59% | |
| Technology Hardware & Equipment | - | - | 2.42% | - | |
| Semiconductors | - | - | - | 1.63% | |
| Computer Hardware | - | - | - | 0.48% | |
| Production Technology Equipment | - | - | - | 0.17% | |
| Electronic Components | - | - | - | 0.14% | |
| Electronic Office Equipment | - | - | - | 0.00% | |
| Cash and Equivalents | 3.96% | - | - | - | |
| Utilities | 3.63% | - | - | - | |
| Utilities | - | 3.63% | - | - | |
| Gas, Water & Multi-utilities | - | - | 2.10% | - | |
| Multi-Utilities | - | - | - | 1.16% | |
| Water | - | - | - | 0.76% | |
| Gas Distribution | - | - | - | 0.18% | |
| Electricity | - | - | 1.50% | - | |
| Conventional Electricity | - | - | - | 1.46% | |
| Alternative Electricity | - | - | - | 0.04% | |
| Waste & Disposal Services | - | - | 0.03% | - | |
| Waste & Disposal Services | - | - | - | 0.03% | |
| Telecommunications | 2.16% | - | - | - | |
| Telecommunications | - | 2.16% | - | - | |
| Telecommunications Equipment | - | - | 1.36% | - | |
| Telecommunications Equipment | - | - | - | 1.36% | |
| Telecommunications Service Providers | - | - | 0.80% | - | |
| Telecommunications Services | - | - | - | 0.77% | |
| Cable Television Services | - | - | - | 0.03% | |
| Energy | 1.55% | - | - | - | |
| Energy | - | 1.55% | - | - | |
| Non-Renewable Energy | - | - | 1.54% | - | |
| Integrated Oil & Gas | - | - | - | 0.97% | |
| Pipelines | - | - | - | 0.35% | |
| Oil: Crude Producers | - | - | - | 0.10% | |
| Oil Refining and Marketing | - | - | - | 0.10% | |
| Oil Equipment & Services | - | - | - | 0.02% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Coal | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.00% | - | |
| Renewable Energy Equipment | - | - | - | 0.00% | |
| Alternative Fuels | - | - | - | 0.00% | |
| Basic Materials | 1.20% | - | - | - | |
| Basic Resources | - | 0.96% | - | - | |
| Industrial Metals & Mining | - | - | 0.78% | - | |
| General Mining | - | - | - | 0.73% | |
| Copper | - | - | - | 0.03% | |
| Iron & Steel | - | - | - | 0.02% | |
| Metal Fabricating | - | - | - | 0.01% | |
| Nonferrous Metals | - | - | - | 0.00% | |
| Aluminum | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.14% | - | |
| Paper | - | - | - | 0.14% | |
| Diversified Materials | - | - | - | 0.00% | |
| Forestry | - | - | - | 0.00% | |
| Textile Products | - | - | - | 0.00% | |
| Precious Metals & Mining | - | - | 0.04% | - | |
| Gold Mining | - | - | - | 0.02% | |
| Platinum & Precious Metals | - | - | - | 0.02% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Chemicals | - | 0.23% | - | - | |
| Chemicals | - | - | 0.23% | - | |
| Specialty Chemicals | - | - | - | 0.12% | |
| Chemicals: Diversified | - | - | - | 0.11% | |
| Fertilizers | - | - | - | 0.00% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.00% | |
| Real Estate | 0.80% | - | - | - | |
| Real Estate | - | 0.80% | - | - | |
| Real Estate Investment Trusts | - | - | 0.60% | - | |
| Diversified REITs | - | - | - | 0.18% | |
| Retail REITs | - | - | - | 0.15% | |
| Industrial REITs | - | - | - | 0.13% | |
| Other Specialty REITs | - | - | - | 0.03% | |
| Infrastructure REITs | - | - | - | 0.03% | |
| Residential REITs | - | - | - | 0.03% | |
| Health Care REITs | - | - | - | 0.02% | |
| Storage REITs | - | - | - | 0.02% | |
| Office REITs | - | - | - | 0.02% | |
| Hotel & Lodging REITs | - | - | - | 0.00% | |
| Timber REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.20% | - | |
| Real Estate Holding and Development | - | - | - | 0.17% | |
| Real Estate Services | - | - | - | 0.02% | |
| Alternative Trading Strategies | 0.02% | - | - | - | |
| Alternative Trading Strategies | - | 0.02% | - | - | |
| Alternative Trading Strategies | - | - | 0.02% | - | |
| Alternative Trading Strategies | - | - | - | 0.02% | |
Regional Allocation
| North America | 26.10% | |
| UK | 20.23% | |
| Developed Europe - Excl UK | 17.04% | |
| Non-Classified | 21.05% | |
| Emerging Asia | 4.68% | |
| Cash and Equivalents | 3.96% | |
| Australia & New Zealand | 2.59% | |
| Japan | 1.60% | |
| Developed Asia | 1.37% | |
| Other Regions | 1.38% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 69.40% | |
| US Dollar | 11.52% | |
| Pound Sterling | 9.79% | |
| Euro | 4.62% | |
| Cash | 3.26% | |
| Australian Dollar | 0.84% | |
| Other Currencies | 0.57% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 26.10% | - | |
United States
|
- | 25.56% | |
Canada
|
- | 0.54% | |
| UK | 20.23% | - | |
United Kingdom
|
- | 20.22% | |
Jersey
|
- | 0.01% | |
| Developed Europe - Excl UK | 17.04% | - | |
France
|
- | 4.31% | |
Netherlands
|
- | 2.48% | |
Germany
|
- | 2.05% | |
Italy
|
- | 1.76% | |
Ireland
|
- | 1.45% | |
Switzerland
|
- | 1.44% | |
Luxembourg
|
- | 1.17% | |
Spain
|
- | 0.84% | |
Denmark
|
- | 0.55% | |
Sweden
|
- | 0.33% | |
Finland
|
- | 0.31% | |
Belgium
|
- | 0.16% | |
Portugal
|
- | 0.10% | |
Austria
|
- | 0.05% | |
Norway
|
- | 0.04% | |
| Non-Classified | 21.05% | - | |
| Emerging Asia | 4.68% | - | |
Taiwan
|
- | 1.34% | |
India
|
- | 1.26% | |
South Korea
|
- | 1.09% | |
China
|
- | 0.54% | |
Indonesia
|
- | 0.30% | |
Thailand
|
- | 0.11% | |
Viet Nam
|
- | 0.05% | |
Malaysia
|
- | 0.00% | |
| Cash and Equivalents | 3.96% | - | |
| Australia & New Zealand | 2.59% | - | |
Australia
|
- | 2.31% | |
New Zealand
|
- | 0.28% | |
New Caledonia
|
- | 0.00% | |
| Japan | 1.60% | - | |
Japan
|
- | 1.60% | |
| Developed Asia | 1.37% | - | |
Singapore
|
- | 0.70% | |
Hong Kong
|
- | 0.67% | |
| South & Central America | 0.63% | - | |
Brazil
|
- | 0.27% | |
Mexico
|
- | 0.23% | |
Chile
|
- | 0.05% | |
Virgin Islands (British)
|
- | 0.02% | |
Cayman Islands
|
- | 0.02% | |
Colombia
|
- | 0.02% | |
Venezuela
|
- | 0.01% | |
| Property | 0.51% | - | |
| Middle East & Africa | 0.16% | - | |
United Arab Emirates
|
- | 0.09% | |
South Africa
|
- | 0.02% | |
Qatar
|
- | 0.02% | |
Israel
|
- | 0.02% | |
Lebanon
|
- | 0.00% | |
| Emerging Europe | 0.08% | - | |
Greece
|
- | 0.03% | |
Czech Republic
|
- | 0.02% | |
Montenegro
|
- | 0.01% | |
Bulgaria
|
- | 0.01% | |
Turkey
|
- | 0.00% | |
Poland
|
- | 0.00% | |
Hungary
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
28.12% |
| Large |
|
12.63% |
| Medium |
|
3.79% |
| Small |
|
0.33% |
| Micro |
|
0.05% |
| Non-Classified |
|
23.79% |
| Bonds |
|
27.34% |
| Cash |
|
3.96% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
12.11% |
| 5Yr - 10Yr Maturity |
|
5.52% |
| 10Yr - 15Yr Maturity |
|
1.11% |
| > 15Yr Maturity |
|
8.60% |
| Cash And Equivalents |
|
3.96% |
| Unknown Maturity |
|
4.34% |
| Other Asset Types |
|
64.37% |
Fixed Interest Quality Profile
| AAA |
|
2.48% |
| AA |
|
4.46% |
| A |
|
1.02% |
| BBB |
|
4.44% |
| Sub-Investment Grade |
|
9.18% |
| Unknown Quality |
|
5.74% |
| Cash and Equivalents |
|
3.96% |
| Other Asset Types |
|
68.70% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | 1¼% Treasury Gilt 2051 | 3.78% | Bonds | United Kingdom |
| 2 | Us 2Yr Note Mar 24 | 1.70% | Non-Classified | Non-Classified |
| 3 | GBPFWD FX CONTRACT25 JAN 2024 | 1.48% | Non-Classified | Non-Classified |
| 4 | GBPFWD FX CONTRACT25 JAN 2024 | 1.34% | Non-Classified | Non-Classified |
| 5 | Us 5Yr Note Mar 24 | 1.18% | Non-Classified | Non-Classified |
| 6 | UNILEVER | 1.00% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 7 | MICROSOFT CORPORATION | 0.98% | Software & Computer Services | United States |
| 8 | NATIONAL GRID | 0.86% | Gas, Water & Multi-utilities | United Kingdom |
| 9 | GBPFWD FX CONTRACT25 JAN 2024 | 0.82% | Non-Classified | Non-Classified |
| 10 | DIAGEO | 0.73% | Beverages | United Kingdom |
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 | BYQ4HS0 |
| Mex Code | OJPFK |
| Isin Code | GB00BYQ4HS09 |
| Citi Code | NP5J |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 1.18% |
Aims and Benchmark
| Aims | The Fund aims to achieve an income target of 3.5%. |
| Benchmark | None |
| Benchmark Category | - |
| IA Sector | Mixed Investment 40-85% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | 100.00p |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | Dividend |
| Distribution Payment Basis | Gross |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 December | 31 January |
| 01 March | 30 April |
| 01 June | 31 July |
| 01 September | 31 October |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Société Générale Bank&Trust |
| Fund Administrator | DST Financial Services Europe |
| Fund Registrar | DST Financial Services Europe |
| Fund Custodian | Société Générale Bank&Trust |
Group Details
| Group name | FP Volare |
| Group address | Volare UCITS Portfolio, PO Box 12391 , Chelmsford CM99 2EU Authorised and regulated by the Financial Conduct Authority |
| Group telephone | 01268 44 5772 |
| Dealing telephone | - |
| - | |
| Homepage | www.fundpartners.co.uk/fund/lgt-vestra-llp/ |
| 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 | -0.02 |
| Beta | 0.82 |
| Sharpe | 0.00 |
| Standard Deviation | 6.98 |
| Info Ratio | -0.29 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| 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 | Yes |
| Exchange Rate | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | Yes |
| Umbrella Liabilities | No |
| New Fund | Yes |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
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.
Property
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
Income Eroding Capital Growth
The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.
New Fund
The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.
Liquidity
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
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.