Liontrust Sustainable Future Managed Growth Class 2 Acc

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

Performance

Discrete performance - to last month end

31/10/16
to
31/10/17
31/10/17
to
31/10/18
31/10/18
to
31/10/19
31/10/19
to
31/10/20
31/10/20
to
31/10/21
Fund 17.2% 3.9% 16.9% 25.9% 29.0%
Sector 10.7% -2.4% 7.6% 0.6% 20.8%
Rank 15/106 6/122 2/130 2/138 20/145
Quartile 1 1 1 1 1

Annualised performance

Annualised
3 Years to
31/10/21
5 Years to
31/10/21
10 Years to
31/10/21
Fund 23.8% 18.3% 15.1%
Sector 9.4% 7.2% 7.7%
Rank 2/130 2/106 1/82
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
ALPHABET INC 4.28
THERMO FISHER SCIENTIFIC INC 4.01
AUTODESK INC 3.10
American Tower Corporation American Tower Corp Ord USD0.01 3.00
SPOTIFY TECHNOLOGY S A 2.92
VISA INC 2.86
CADENCE DESIGN SYSTEMS INC 2.82
PUMA SE 2.67
INTUITIVE SURGICAL INC 2.55
ASML HOLDING NV 2.55
Total 30.75

Fund Aims

The Fund aims to deliver capital growth over the long term (5 years or more).

Fund Manager

Chris Foster manager for 1 years and 8 months

Photo of Chris Foster Chris, who moved to Liontrust in April 2017 as part of the company’s acquisition of Alliance Trust Investments (ATI), is manager of the Liontrust SF Global Growth, SF Managed Growth and GF SF Global Growth funds. Chris joined ATI through the management training programme after graduating with a First Class Honours degree in Economics and Mathematics from the University of Edinburgh. During his two year graduate scheme, Chris completed rotations in Alliance Trust Savings, Fund Sales, and Equity Investments. Chris is a CFA Charterholder

Peter Michaelis manager for 20 years and 9 months

Photo of Peter Michaelis Peter moved to Liontrust in April 2017 with the acquisition of Alliance Trust Investments (“ATI”). Peter has been managing money in Sustainable and Responsible Investment for over 15 years. Prior to joining Liontrust, he was Head of Investment at ATI. After completing a PhD in Environmental Economics, Peter started his career working for the Steel Construction Institute as an Environmental Engineer. He then moved to Henderson Global Investors where he was able to use his experience as a Sustainable and Responsible Investment Analyst and Assistant Fund Manager. In 2001 he moved to Aviva Investors, where he was promoted to lead manager on a number of its Sustainable and Responsible Investment funds, before being made Head of Sustainable and Responsible Investment. Peter holds an MA in Physics from Oxford University, an MSc in Energy and Environmental Engineering from the University of Sussex and a PhD in Environmental Economics from the University of Surrey. In addition, he has the CFA Society of the UK Investment Management Certificate (IMC).

Simon Clements manager for 19 years and 11 months

Photo of Simon Clements Simon moved to Liontrust in April 2017 with the acquisition of Alliance Trust Investments (ATI). He has worked in fund management for over 18 years. Before joining Liontrust, Simon spent 5 years at ATI. Prior to this, Simon spent 12 years at Aviva Investors (previously Morley Fund Management) where, most recently, he was Head of Global Equities. In his early career Simon worked as a Portfolio Accountant and a Risk and Performance Analyst before joining Aviva Investors to help develop its global equity and SRI propositions. Simon is lead manager of the global equity portfolios for the Sustainable Future process at Liontrust. He is also lead manager of the Sustainable Future Global Growth Fund and the Sustainable Future Absolute Growth Fund. Simon holds a Bachelor of Economics from the University of Newcastle, Australia and a graduate diploma in Applied Finance and Investment from the Securities Institute of Australia. He is a CFA charterholder and holds the CFA Society of the UK Investment Management Certificate (IMC).

Fund Overview

Mid (26/11/2021) 312.35p
Historic yield 0.00%
Fund size (31/10/2021) £1053.52m
Number of holdings 48
Entry Charge 0.00%
Ongoing Charges 0.89%
Launch date 19/02/2001

Asset Allocation

pie chart
  International Equities 90.09%
  UK Equities 6.68%
  Cash and Equivalents 3.23%

Commentary

International equity markets ended the year on a positive note. The main contributor was US data storage group Equinix. The company has recorded impressive sales growth on the back of demand for digital technology with data storage solutions providing scope for efficient management of energy costs. The shares were added to the Nasdaq 100 Index in December. Amongst industrials, US group BorgWarner is a leading provider of components for the autos industry that enhance fuel efficiency and control pollution from cars. The company is expanding in the Asia Pacific region, recently opening a new production facility in China. The main detractor last month was our holding in natural gas producer BG Group, which had cut back production guidance on delays to project start-ups and lost further ground on weaker energy prices. Data centre operator Telecity fell back on profit taking. However, demand for data centres is growing and Telecity has recently added capacity in the key London docklands market. New Oriental Education was subject to profit taking at year-end as the Chinese equity market had rallied strongly. The share price had recovered in recent months as an investigation into its accounting policies showed no evidence of malpractice.

Portfolio data accurate as at: 31/10/21

Important Information

Source of portfolio data: Broadridge. 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 90.09%
  UK Equities 6.68%
  Cash and Equivalents 3.23%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 29.97% - - -
 
Technology - 29.97% - -
 
Software & Computer Services - - 25.87% -
 
Software - - - 17.94%
 
Consumer Digital Services - - - 4.28%
 
Computer Services - - - 3.65%
 
Technology Hardware & Equipment - - 4.09% -
 
Production Technology Equipment - - - 2.55%
 
Semiconductors - - - 1.54%
 
Health Care 17.16% - - -
 
Health Care - 17.16% - -
 
Pharmaceuticals & Biotechnology - - 8.57% -
 
Biotechnology - - - 5.60%
 
Pharmaceuticals - - - 2.97%
 
Medical Equipment & Services - - 6.56% -
 
Medical Equipment - - - 6.56%
 
Health Care Providers - - 2.02% -
 
Health Care Services - - - 2.02%
 
Industrials 15.33% - - -
 
Industrial Goods & Services - 11.85% - -
 
Industrial Support Services - - 7.80% -
 
Transaction Processing Services - - - 6.07%
 
Professional Business Support Services - - - 1.73%
 
Industrial Transportation - - 2.17% -
 
Railroad Equipment - - - 2.17%
 
Electronic & Electrical Equipment - - 1.88% -
 
Electronic Equipment: Gauges & Meters - - - 1.88%
 
Construction & Materials - 3.47% - -
 
Construction & Materials - - 3.47% -
 
Building: Climate Control - - - 2.04%
 
Building Materials: Other - - - 1.44%
 
Consumer Discretionary 11.81% - - -
 
Consumer Products & Services - 8.89% - -
 
Consumer Services - - 3.55% -
 
Education Services - - - 2.00%
 
Vending & Catering Service - - - 1.55%
 
Personal Goods - - 2.67% -
 
Footwear - - - 2.67%
 
Household Goods & Home Construction - - 1.85% -
 
Home Construction - - - 1.85%
 
Leisure Goods - - 0.82% -
 
Recreational Products - - - 0.82%
 
Media - 2.92% - -
 
Media - - 2.92% -
 
Radio & TV Broadcasters - - - 2.92%
 
Financials 11.62% - - -
 
Banks - 5.71% - -
 
Banks - - 5.71% -
 
Banks - - - 5.71%
 
Financial Services - 4.74% - -
 
Investment Banking & Brokerage Services - - 3.59% -
 
Investment Services - - - 3.59%
 
Finance & Credit Services - - 1.15% -
 
Financial Data & Systems - - - 1.15%
 
Insurance - 1.17% - -
 
Life Insurance - - 1.17% -
 
Life Insurance - - - 1.17%
 
Real Estate 5.53% - - -
 
Real Estate - 5.53% - -
 
Real Estate Investment Trusts - - 5.53% -
 
Infrastructure REITs - - - 3.00%
 
Other Specialty REITs - - - 2.53%
 
Cash and Equivalents 3.23% - - -
 
Utilities 1.93% - - -
 
Utilities - 1.93% - -
 
Waste & Disposal Services - - 1.93% -
 
Waste & Disposal Services - - - 1.93%
 
Basic Materials 1.73% - - -
 
Chemicals - 1.73% - -
 
Chemicals - - 1.73% -
 
Chemicals: Diversified - - - 1.73%
 
Telecommunications 1.71% - - -
 
Telecommunications - 1.71% - -
 
Telecommunications Service Providers - - 1.71% -
 
Telecommunications Services - - - 1.71%

Regional Allocation

pie chart
  North America 58.66%
  Developed Europe - Excl UK 24.27%
  UK 6.68%
  Japan 5.36%
  Cash and Equivalents 3.23%
  Australia & New Zealand 1.79%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 95.55%
  Cash 1.60%
  US Dollar 1.03%
  Pound Sterling 0.95%
  Euro 0.87%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 58.66% -
 
United States - 56.74%
 
Canada - 1.93%
 
Developed Europe - Excl UK 24.27% -
 
Germany - 8.47%
 
Netherlands - 3.70%
 
Luxembourg - 2.92%
 
Sweden - 2.50%
 
Spain - 1.71%
 
Denmark - 1.53%
 
Ireland - 1.44%
 
Switzerland - 1.18%
 
Italy - 0.82%
 
UK 6.68% -
 
United Kingdom - 6.68%
 
Japan 5.36% -
 
Japan - 5.36%
 
Cash and Equivalents 3.23% -
 
Australia & New Zealand 1.79% -
 
Australia - 1.79%

Breakdown By Market Cap (%)

Mega
 
 
64.11%
Large
 
 
16.91%
Medium
 
 
10.91%
Non-Classified
 
 
4.84%
Cash
 
 
3.23%

Top 10 Holdings

Stock % Weight Sector Country
1 ALPHABET INC 4.28% Software & Computer Services United States
2 THERMO FISHER SCIENTIFIC INC 4.01% Medical Equipment & Services United States
3 AUTODESK INC 3.10% Software & Computer Services United States
4 American Tower Corporation American Tower Corp Ord USD0.01 3.00% Real Estate Investment Trusts United States
5 SPOTIFY TECHNOLOGY S A 2.92% Media Luxembourg
6 VISA INC 2.86% Industrial Support Services United States
7 CADENCE DESIGN SYSTEMS INC 2.82% Software & Computer Services United States
8 PUMA SE 2.67% Personal Goods Germany
9 INTUITIVE SURGICAL INC 2.55% Medical Equipment & Services United States
10 ASML HOLDING NV 2.55% Technology Hardware & Equipment Netherlands

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 29.97% - - - - - - 29.97%
Telecommunications - 1.71% - - - - - - 1.71%
Financials 2.32% 9.30% - - - - - - 11.62%
Real Estate - 5.53% - - - - - - 5.53%
Consumer Discretionary 1.55% 10.26% - - - - - - 11.81%
Utilities - 1.93% - - - - - - 1.93%
Health Care 1.08% 16.08% - - - - - - 17.16%
Industrials 1.73% 13.59% - - - - - - 15.33%
Basic Materials - 1.73% - - - - - - 1.73%
Cash and Equivalents - - - - - - - 3.23% 3.23%

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 3002962
Mex Code NUSAG2
Isin Code GB0030029622
Citi Code CU94

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.89%

Aims and Benchmark

Aims The Fund aims to deliver capital growth over the long term (5 years or more).
Benchmark IA Flexible Investment
Benchmark Category Comparator
IA Sector Flexible Investment

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
Nisa allowable Yes
Sipp allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 February 31 March
01 August 30 September

Ratings

FE Crown Crown Rating of 5

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
3.90% 4.90%

Fund Administration

Fund Trustee/Depository The Bank of New York Mellon (International) Limited
Fund Administrator The Bank of New York Mellon (International) Limited
Fund Registrar The Bank of New York Mellon SA/NV
Fund Custodian The Bank of New York Mellon (International) Limited

Group Details

Group name Liontrust Fund Partners LLP
Group address 2 Savoy Court London WC2R 0EZ
Group telephone 020 7412 1766
Dealing telephone 020 7964 4774
Email info@liontrust.co.uk
Homepage www.liontrust.co.uk
Fax number 020 7412 1779

Dealing

Minimum Investment £500000
Minimum Top Up £25000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 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. 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.

Risk Analysis

Ratio Value
Alpha 12.23
Beta 1.17
Sharpe 1.44
Standard Deviation 14.13
Info Ratio 1.91

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets Yes
Concentrated Portfolio Yes
Smaller Companies Yes
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 No
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions Yes
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Emerging Markets

The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.

Concentrated Portfolio

The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.

Smaller Companies

The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.

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.

Umbrella Liabilities

If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.

Ethical Restrictions

The fund is unable to invest in certain sectors and companies due to the ethical criteria used to select investments for the fund.

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.