Liontrust Sustainable Future Cautious Managed Class 2 Net Inc

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

Performance

Discrete performance - to last month end

31/03/16
to
31/03/17
31/03/17
to
31/03/18
31/03/18
to
31/03/19
31/03/19
to
31/03/20
31/03/20
to
31/03/21
Fund 15.8% 4.7% 9.1% -0.7% 25.0%
Sector 17.1% 1.5% 4.3% -8.0% 26.4%
Rank 108/143 17/150 7/162 13/169 110/184
Quartile 4 1 1 1 3

Annualised performance

Annualised
3 Years to
31/03/21
5 Years to
31/03/21
10 Years to
31/03/21
Fund 10.6% 10.4% n/a
Sector 6.7% 7.6% 6.3%
Rank 7/162 13/143 n/a
Quartile 1 1 n/a

Top 10 Holdings

Stock % Weight
1⅝% Treasury Gilt 2028 4.25
3i Group Plc 3i Group Plc Ord GBP0.738636 1.38
TRAINLINE 1.36
LONDON STOCK EXCHANGE GROUP 1.28
SMURFIT KAPPA GROUP 1.25
COMPASS GROUP 1.22
CRODA INTERNATIONAL 1.18
SCHWAB (CHARLES) CORP 1.11
ST JAMES'S PLACE 1.04
ALPHABET INC 1.04
Total 15.10

Fund Aims

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

Fund Manager

Simon Clements manager for 6 years and 8 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).

Peter Michaelis manager for 6 years and 8 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).

Fund Overview

Mid (09/04/2021) 163.46p
Historic yield 1.54%
Fund size (28/02/2021) £702.08m
Number of holdings 270
Entry Charge 0.00%
Ongoing Charges 0.89%
Launch date 23/07/2014

Asset Allocation

pie chart
  International Equities 29.59%
  UK Equities 21.64%
  UK Corporate Bonds 18.74%
  Cash and Equivalents 11.01%
  International Bonds 7.34%
  UK Gilts 5.07%
  Investment Trusts 4.42%
  Property 0.83%
  Alternative Trading Strategies 0.72%
  Other Assets 0.65%
Portfolio data accurate as at: 28/02/21

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 29.59%
  UK Equities 21.64%
  UK Corporate Bonds 18.74%
  Cash and Equivalents 11.01%
  International Bonds 7.34%
  UK Gilts 5.07%
  Investment Trusts 4.42%
  Property 0.83%
  Alternative Trading Strategies 0.72%
  Other Assets 0.65%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 31.15% - - -
 
Financials 17.26% - - -
 
Financial Services - 12.44% - -
 
Investment Banking & Brokerage Services - - 6.06% -
 
Asset Managers & Custodians - - - 3.83%
 
Investment Services - - - 1.86%
 
Diversified Financial Services - - - 0.37%
 
Equity Investment Instruments - - 4.42% -
 
Equity Investment Instruments - - - 4.42%
 
Finance & Credit Services - - 1.95% -
 
Financial Data & Systems - - - 1.28%
 
Consumer Lending - - - 0.68%
 
Banks - 2.94% - -
 
Banks - - 2.94% -
 
Banks - - - 2.94%
 
Insurance - 1.89% - -
 
Life Insurance - - 1.89% -
 
Life Insurance - - - 1.89%
 
Cash and Equivalents 11.01% - - -
 
Technology 9.95% - - -
 
Technology - 9.95% - -
 
Software & Computer Services - - 8.57% -
 
Software - - - 5.04%
 
Computer Services - - - 2.48%
 
Consumer Digital Services - - - 1.04%
 
Technology Hardware & Equipment - - 1.39% -
 
Production Technology Equipment - - - 0.83%
 
Semiconductors - - - 0.56%
 
Health Care 8.22% - - -
 
Health Care - 8.22% - -
 
Pharmaceuticals & Biotechnology - - 5.58% -
 
Biotechnology - - - 3.20%
 
Pharmaceuticals - - - 2.38%
 
Medical Equipment & Services - - 1.78% -
 
Medical Equipment - - - 1.78%
 
Health Care Providers - - 0.85% -
 
Health Care Services - - - 0.85%
 
Consumer Discretionary 7.24% - - -
 
Consumer Products & Services - 4.01% - -
 
Consumer Services - - 1.91% -
 
Vending & Catering Service - - - 1.22%
 
Education Services - - - 0.70%
 
Household Goods & Home Construction - - 1.08% -
 
Home Construction - - - 1.08%
 
Personal Goods - - 0.74% -
 
Footwear - - - 0.74%
 
Leisure Goods - - 0.27% -
 
Recreational Products - - - 0.27%
 
Travel & Leisure - 2.02% - -
 
Travel & Leisure - - 2.02% -
 
Travel & Tourism - - - 1.79%
 
Recreational Services - - - 0.23%
 
Media - 0.41% - -
 
Media - - 0.41% -
 
Radio & TV Broadcasters - - - 0.41%
 
Retail - 0.41% - -
 
Retailers - - 0.41% -
 
Home Improvement Retailers - - - 0.41%
 
Automobiles & Parts - 0.40% - -
 
Automobiles & Parts - - 0.40% -
 
Auto Parts - - - 0.40%
 
Industrials 7.10% - - -
 
Industrial Goods & Services - 5.76% - -
 
Industrial Support Services - - 2.90% -
 
Transaction Processing Services - - - 2.00%
 
Professional Business Support Services - - - 0.90%
 
Electronic & Electrical Equipment - - 1.61% -
 
Electronic Equipment: Gauges & Meters - - - 0.98%
 
Electronic Equipment: Control & Filter - - - 0.63%
 
General Industrials - - 1.25% -
 
Containers & Packaging - - - 1.25%
 
Construction & Materials - 1.34% - -
 
Construction & Materials - - 1.34% -
 
Building Materials: Other - - - 0.72%
 
Building: Climate Control - - - 0.62%
 
Real Estate 2.12% - - -
 
Real Estate - 2.12% - -
 
Real Estate Investment Trusts - - 2.12% -
 
Residential REITs - - - 0.83%
 
Infrastructure REITs - - - 0.68%
 
Other Specialty REITs - - - 0.62%
 
Basic Materials 2.11% - - -
 
Chemicals - 2.11% - -
 
Chemicals - - 2.11% -
 
Chemicals: Diversified - - - 2.11%
 
Consumer Staples 1.06% - - -
 
Personal Care, Drug & Grocery Stores - 0.55% - -
 
Personal Care, Drug & Grocery Stores - - 0.55% -
 
Personal Products - - - 0.55%
 
Food, Beverage & Tobacco - 0.51% - -
 
Food Producers - - 0.51% -
 
Food Products - - - 0.51%
 
Telecommunications 0.90% - - -
 
Telecommunications - 0.90% - -
 
Telecommunications Service Providers - - 0.90% -
 
Telecommunications Services - - - 0.90%
 
Alternative Trading Strategies 0.72% - - -
 
Alternative Trading Strategies - 0.72% - -
 
Alternative Trading Strategies - - 0.72% -
 
Alternative Trading Strategies - - - 0.72%
 
Non-Classified 0.65% - - -
 
Non-Classified - 0.65% - -
 
Non-Classified - - 0.65% -
 
Non-Classified - - - 0.65%
 
Utilities 0.51% - - -
 
Utilities - 0.51% - -
 
Waste & Disposal Services - - 0.51% -
 
Waste & Disposal Services - - - 0.51%

Regional Allocation

pie chart
  UK 45.45%
  North America 19.11%
  Developed Europe - Excl UK 15.92%
  Cash and Equivalents 11.01%
  Non-Classified 5.48%
  Japan 1.49%
  Property 0.83%
  Australia & New Zealand 0.70%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 57.84%
  Pound Sterling 26.36%
  Cash 11.01%
  US Dollar 4.48%
  Euro 0.31%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 45.45% -
 
United Kingdom - 45.45%
 
North America 19.11% -
 
United States - 18.60%
 
Canada - 0.51%
 
Developed Europe - Excl UK 15.92% -
 
Ireland - 3.23%
 
Netherlands - 2.72%
 
Germany - 2.10%
 
France - 1.60%
 
Denmark - 1.46%
 
Spain - 1.23%
 
Italy - 1.23%
 
Luxembourg - 1.13%
 
Sweden - 0.84%
 
Switzerland - 0.38%
 
Cash and Equivalents 11.01% -
 
Non-Classified 5.48% -
 
Japan 1.49% -
 
Japan - 1.49%
 
Property 0.83% -
 
Australia & New Zealand 0.70% -
 
Australia - 0.70%

Breakdown By Market Cap (%)

Mega
 
 
19.03%
Large
 
 
14.87%
Medium
 
 
11.63%
Small
 
 
4.22%
Micro
 
 
1.63%
Non-Classified
 
 
6.45%
Bonds
 
 
31.15%
Cash
 
 
11.01%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
2.27%
5Yr - 10Yr Maturity
 
 
12.05%
10Yr - 15Yr Maturity
 
 
6.55%
> 15Yr Maturity
 
 
10.28%
Cash And Equivalents
 
 
11.01%
Other Asset Types
 
 
57.84%

Fixed Interest Quality Profile

AA
 
 
5.44%
A
 
 
5.09%
BBB
 
 
13.76%
Sub-Investment Grade
 
 
1.73%
Unknown Quality
 
 
5.12%
Cash and Equivalents
 
 
11.01%
Other Asset Types
 
 
57.84%

Top 10 Holdings

Stock % Weight Sector Country
1 1⅝% Treasury Gilt 2028 4.25% Bonds United Kingdom
2 3i Group Plc 3i Group Plc Ord GBP0.738636 1.38% Investment Banking & Brokerage Services United Kingdom
3 TRAINLINE 1.36% Travel & Leisure United Kingdom
4 LONDON STOCK EXCHANGE GROUP 1.28% Finance & Credit Services United Kingdom
5 SMURFIT KAPPA GROUP 1.25% General Industrials Ireland
6 COMPASS GROUP 1.22% Consumer Services United Kingdom
7 CRODA INTERNATIONAL 1.18% Chemicals United Kingdom
8 SCHWAB (CHARLES) CORP 1.11% Investment Banking & Brokerage Services United States
9 ST JAMES'S PLACE 1.04% Investment Banking & Brokerage Services United Kingdom
10 ALPHABET INC 1.04% Software & Computer Services United States

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 BMN9030
Mex Code ATAAAF
Isin Code GB00BMN90304
Citi Code KGDU

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 Mixed Investment (40-85% shares)
Benchmark Category Comparator
IA Sector Mixed Investment 40-85% Shares

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
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%
- -

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 £250
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 4.43
Beta 0.83
Sharpe 0.73
Standard Deviation 9.83
Info Ratio 1.00

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets Yes
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 Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers Yes
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.

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.

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.

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.

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.