Ninety One UK Franchise Class I Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Top 10 Holdings
| Stock | % Weight |
|---|---|
| DIAGEO | 7.58 |
| UNILEVER PLC COMMON STOCK GBP.00031111 | 7.02 |
| LONDON STOCK EXCHANGE GROUP | 5.37 |
| AMADEUS IT GROUP SA | 4.87 |
| HALEON | 4.69 |
| SPIRAX GROUP | 4.42 |
| BUNZL PUBLIC LIMITED COMPANY | 4.32 |
| DCC | 4.23 |
| WETHERSPOON(J.D.) | 3.77 |
| CONVATEC GROUP | 3.74 |
| Total | 50.00 |
Fund Aims
The Fund aims to provide income with the opportunity for capital growth (to grow the value of your investment) over at least 5 years. The Fund invests primarily (at least two-thirds) in the shares of UK companies (those incorporated in, domiciled in, or that have significant economic exposure to, the UK).
Fund Manager
Anna is an investment specialist within the specialist Quality investment team at Ninety One. She is a portfolio manager with a focus on UK equities, and co-portfolio manager for the UK Alpha Fund and the Luxembourg domiciled GSF UK Alpha Fund. Prior to joining the firm she was a UK equity analyst at Threadneedle, and prior to that a UK equity analyst at Schroders. Anna graduated from the University of Durham with a BA degree in History (with Honours). In addition, Anna has passed Level III of the CFA® Programme.
Blake is a portfolio manager at Investec Asset Management. He is manager of the UK Equity Income Fund, co-manager of the Global Quality Equity Income Fund, backup portfolio manager on the UK Alpha Fund and an analyst within the Quality team. Blake is based in the firm’s London office. Prior to joining the firm, Blake worked for Threadneedle where he was responsible for retail and institutional assets. He has been managing funds since 2011 having started his career with Aviva Investors in 2007. Blake graduated from the University of Edinburgh with an MA degree in Economics and Politics (with Honours). In addition, Blake holds the Investment Management Certificate (IMC) and is a CFA Charterholder.
Ben is a portfolio manager at Ninety One. He is manager of the UK Equity Income Strategy, and an analyst within the Quality team. Ben is based in the firm’s London office. Prior to joining the firm he was a Pan European analyst at Threadneedle and prior to that a UK analyst at Aviva Investors. Ben graduated from the University of Bath with a BSc Honours first class degree in Business Administration. Ben holds the Investment Management Certificate (IMC) and has passed Level III of the CFA® Programme.
Fund Overview
| Mid | - |
| Historic yield | 0.63% |
| Fund size (31/10/2025) | £61.24m |
| Number of holdings | 34 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.92% |
| Launch date | 29/01/2015 |
Asset Allocation
| UK Equities | 85.72% | |
| International Equities | 12.35% | |
| Cash and Equivalents | 0.14% | |
| Other Assets | 1.80% |
Important Information
Source of portfolio data: Broadridge. 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. 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 report or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 85.72% | |
| International Equities | 12.35% | |
| Cash and Equivalents | 0.14% | |
| Other Assets | 1.80% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 27.87% | - | - | - | |
| Industrial Goods & Services | - | 27.87% | - | - | |
| Industrial Support Services | - | - | 13.32% | - | |
| Industrial Suppliers | - | - | - | 5.95% | |
| Professional Business Support Services | - | - | - | 4.05% | |
| Transaction Processing Services | - | - | - | 3.33% | |
| Industrial Engineering | - | - | 4.42% | - | |
| Machinery: Industrial | - | - | - | 4.42% | |
| General Industrials | - | - | 4.32% | - | |
| Diversified Industrials | - | - | - | 4.32% | |
| Electronic & Electrical Equipment | - | - | 3.64% | - | |
| Electronic Equipment: Gauges & Meters | - | - | - | 2.09% | |
| Electronic Equipment: Control & Filter | - | - | - | 1.55% | |
| Aerospace & Defence | - | - | 2.16% | - | |
| Aerospace | - | - | - | 2.16% | |
| Consumer Staples | 18.31% | - | - | - | |
| Food, Beverage & Tobacco | - | 12.11% | - | - | |
| Beverages | - | - | 7.58% | - | |
| Distillers & Vintners | - | - | - | 7.58% | |
| Tobacco | - | - | 3.29% | - | |
| Tobacco | - | - | - | 3.29% | |
| Food Producers | - | - | 1.24% | - | |
| Food Products | - | - | - | 1.24% | |
| Personal Care, Drug & Grocery Stores | - | 6.20% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 6.20% | - | |
| Nondurable Household Products | - | - | - | 3.22% | |
| Food Retailers & Wholesalers | - | - | - | 2.98% | |
| Technology | 12.36% | - | - | - | |
| Technology | - | 12.36% | - | - | |
| Software & Computer Services | - | - | 10.67% | - | |
| Computer Services | - | - | - | 4.87% | |
| Consumer Digital Services | - | - | - | 3.06% | |
| Software | - | - | - | 2.73% | |
| Technology Hardware & Equipment | - | - | 1.69% | - | |
| Production Technology Equipment | - | - | - | 1.69% | |
| Financials | 10.30% | - | - | - | |
| Financial Services | - | 8.98% | - | - | |
| Finance & Credit Services | - | - | 5.37% | - | |
| Financial Data & Systems | - | - | - | 5.37% | |
| Investment Banking & Brokerage Services | - | - | 3.61% | - | |
| Investment Services | - | - | - | 3.61% | |
| Insurance | - | 1.31% | - | - | |
| Non-life Insurance | - | - | 1.31% | - | |
| Property & Casualty Insurance | - | - | - | 1.31% | |
| Health Care | 10.02% | - | - | - | |
| Health Care | - | 10.02% | - | - | |
| Medical Equipment & Services | - | - | 5.33% | - | |
| Medical Supplies | - | - | - | 3.74% | |
| Medical Equipment | - | - | - | 1.60% | |
| Pharmaceuticals & Biotechnology | - | - | 4.69% | - | |
| Pharmaceuticals | - | - | - | 4.69% | |
| Non-Classified | 8.81% | - | - | - | |
| Non-Classified | - | 1.80% | - | - | |
| Non-Classified | - | - | 1.80% | - | |
| Non-Classified | - | - | - | 1.80% | |
| Consumer Discretionary | 8.11% | - | - | - | |
| Travel & Leisure | - | 3.77% | - | - | |
| Travel & Leisure | - | - | 3.77% | - | |
| Restaurants & Bars | - | - | - | 3.77% | |
| Consumer Products & Services | - | 3.14% | - | - | |
| Personal Goods | - | - | 1.99% | - | |
| Clothing & Accessories | - | - | - | 1.99% | |
| Consumer Services | - | - | 1.15% | - | |
| Vending & Catering Service | - | - | - | 1.15% | |
| Retail | - | 1.20% | - | - | |
| Retailers | - | - | 1.20% | - | |
| Diversified Retailers | - | - | - | 1.20% | |
| Basic Materials | 4.08% | - | - | - | |
| Chemicals | - | 4.08% | - | - | |
| Chemicals | - | - | 4.08% | - | |
| Chemicals: Diversified | - | - | - | 4.08% | |
| Cash and Equivalents | 0.14% | - | - | - | |
Regional Allocation
| UK | 85.72% | |
| Developed Europe - Excl UK | 10.79% | |
| Non-Classified | 1.80% | |
| North America | 1.56% | |
| Cash and Equivalents | 0.14% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 85.72% | - | |
United Kingdom
|
- | 85.72% | |
| Developed Europe - Excl UK | 10.79% | - | |
Spain
|
- | 4.87% | |
Ireland
|
- | 4.23% | |
Netherlands
|
- | 1.69% | |
| Non-Classified | 1.80% | - | |
| North America | 1.56% | - | |
United States
|
- | 1.56% | |
| Cash and Equivalents | 0.14% | - | |
Breakdown By Market Cap (%)
| Mega |
|
35.18% |
| Large |
|
18.32% |
| Medium |
|
17.86% |
| Small |
|
1.72% |
| Non-Classified |
|
26.78% |
| Cash |
|
0.14% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | DIAGEO | 7.58% | Beverages | United Kingdom |
| 2 | UNILEVER PLC COMMON STOCK GBP.00031111 | 7.02% | Non-Classified | United Kingdom |
| 3 | LONDON STOCK EXCHANGE GROUP | 5.37% | Finance & Credit Services | United Kingdom |
| 4 | AMADEUS IT GROUP SA | 4.87% | Software & Computer Services | Spain |
| 5 | HALEON | 4.69% | Pharmaceuticals & Biotechnology | United Kingdom |
| 6 | SPIRAX GROUP | 4.42% | Industrial Engineering | United Kingdom |
| 7 | BUNZL PUBLIC LIMITED COMPANY | 4.32% | General Industrials | United Kingdom |
| 8 | DCC | 4.23% | Industrial Support Services | Ireland |
| 9 | WETHERSPOON(J.D.) | 3.77% | Travel & Leisure | United Kingdom |
| 10 | CONVATEC GROUP | 3.74% | Medical Equipment & Services | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 5.80% | 6.56% | - | - | - | - | - | - | 12.36% |
| Financials | 8.74% | 1.56% | - | - | - | - | - | - | 10.30% |
| Consumer Discretionary | 8.11% | - | - | - | - | - | - | - | 8.11% |
| Consumer Staples | 18.31% | - | - | - | - | - | - | - | 18.31% |
| Health Care | 10.02% | - | - | - | - | - | - | - | 10.02% |
| Industrials | 23.65% | 4.23% | - | - | - | - | - | - | 27.87% |
| Basic Materials | 4.08% | - | - | - | - | - | - | - | 4.08% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.14% | 0.14% |
| Non-Classified | 7.02% | - | - | - | - | - | 1.80% | - | 8.81% |
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 | BVLL6F5 |
| Mex Code | - |
| Isin Code | GB00BVLL6F53 |
| Citi Code | - |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.92% |
Aims and Benchmark
| Aims | The Fund aims to provide income with the opportunity for capital growth (to grow the value of your investment) over at least 5 years. The Fund invests primarily (at least two-thirds) in the shares of UK companies (those incorporated in, domiciled in, or that have significant economic exposure to, the UK). |
| Benchmark | FTSE All-Share Total Return |
| Benchmark Category | - |
| IA Sector | UK All Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | - |
| Fund type | OEIC |
| Launch price | - |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | No |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Quarterly |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 January | 28 February |
| 01 April | 31 May |
| 01 July | 31 August |
| 01 October | 30 November |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | State Street Trustees Limited |
| Fund Administrator | SS&C Financial Services International Limited |
| Fund Registrar | SS&C Financial Services Europe Limited |
| Fund Custodian | State Street Bank and Trust Company |
Group Details
| Group name | Ninety One |
| Group address | 55 Gresham Street London EC2V 7QP |
| Group telephone | +44 (0) 203 938 1900 |
| Dealing telephone | +44 (0) 203 938 1900 |
| enquiries@ninetyone.com | |
| Homepage | https://ninetyone.com/en/united-kingdom |
| Fax number | +44 (0) 203 938 1900 |
Dealing
| Minimum Investment | £1000000 |
| Minimum Top Up | £250000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | - |
| Beta | - |
| Sharpe | - |
| Standard Deviation | - |
| Info Ratio | - |
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 | No |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| 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.
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.
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. 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 report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. 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 report 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.