Liontrust Sustainable Future Managed Growth Class 2 Acc

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

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 3.8% 41.8% 5.1% -7.5% 20.1%
Sector -8.1% 29.1% 5.0% -4.0% 10.1%
Rank 8/123 25/127 68/139 120/151 5/159
Quartile 1 1 2 4 1

Annualised performance

Annualised
3 Years to
31/03/24		 5 Years to
31/03/24		 10 Years to
31/03/24
Fund 5.3% 11.4% 11.5%
Sector 3.5% 5.6% 5.9%
Rank 34/139 2/123 1/84
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
VISA 4.32
CADENCE DESIGN SYSTEMS 3.41
THERMO FISHER SCIENTIFIC 3.34
ALPHABET INC 2.80
PTC 2.77
IQVIA HOLDINGS 2.75
RINGKJOEBING LANDBOBANK 2.62
AGILENT TECHNOLOGIES INC 2.59
INTUITIVE SURGICAL 2.35
ASML HOLDING N.V. 2.31
Total 29.25

Fund Aims

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

Fund Manager

Chris Foster manager for 4 years and 1 months

Photo of Chris Foster Chris Foster is Co-manager of the Liontrust SF Global Growth Fund, GF SF Global Growth Fund and SF Managed Growth Fund. Chris joined Liontrust in April 2017 following the acquisition of Alliance Trust Investments. Prior to this, 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. Chris is a CFA Charterholder.

Peter Michaelis manager for 23 years and 2 months

Photo of Peter Michaelis Peter Michaelis joined Liontrust in April 2017 following the acquisition of Alliance Trust Investments, where he was Head of Investment. Peter has been managing money in Sustainable and Responsible Investment for over 20 years. 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 Portfolio Manager. In 2001 he moved to Aviva Investors, where he was promoted to lead Portfolio 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 22 years and 4 months

Photo of Simon Clements Simon Clements joined Liontrust in 2017 following the acquisition of Alliance Trust Investments, where he worked for 5 years. 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 Risk and Performance Analyst before joining Aviva Investors in 2000 to help develop its global equity and SRI propositions. Simon is the lead manager of the Liontrust SF Global Growth Fund, GF SF Global Growth and SF Managed Growth Fund, and co-fund manager on the SF Managed, SF Cautious Managed and SF Defensive Managed funds. Simon holds a Bachelor of Economics from the University of Newcastle, Australia and a graduate diploma in Applied Finance & Investment from Securities Institute of Australia. Simon is a CFA Charterholder.

Fund Overview

Mid (26/04/2024) 295.05p
Historic yield 0.00%
Fund size (31/03/2024) £993.77m
Number of holdings 48
Entry Charge 0.00%
Ongoing Charges 0.86%
Launch date 19/02/2001

Asset Allocation

pie chart
  International Equities 84.57%
  Cash and Equivalents 7.96%
  UK Equities 5.26%
  Property 2.21%

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: 31/03/24

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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 84.57%
  Cash and Equivalents 7.96%
  UK Equities 5.26%
  Property 2.21%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Technology 23.13% - - -
 
 Technology - 23.13% - -
 
 Software & Computer Services - - 19.73% -
 
 Software - - - 13.98%
 
 Computer Services - - - 2.95%
 
 Consumer Digital Services - - - 2.80%
 
 Technology Hardware & Equipment - - 3.40% -
 
 Production Technology Equipment - - - 2.31%
 
 Semiconductors - - - 1.10%
 
 Industrials 22.92% - - -
 
 Industrial Goods & Services - 17.36% - -
 
 Industrial Support Services - - 10.90% -
 
 Transaction Processing Services - - - 7.52%
 
 Industrial Suppliers - - - 1.79%
 
 Professional Business Support Services - - - 1.60%
 
 Electronic & Electrical Equipment - - 4.49% -
 
 Electronic Equipment: Gauges & Meters - - - 2.29%
 
 Electronic Equipment: Pollution Control - - - 2.20%
 
 General Industrials - - 1.97% -
 
 Diversified Industrials - - - 1.97%
 
 Construction & Materials - 5.56% - -
 
 Construction & Materials - - 5.56% -
 
 Building Materials: Other - - - 3.59%
 
 Building, Roofing/Wallboard & Plumbing - - - 1.97%
 
 Health Care 18.55% - - -
 
 Health Care - 18.55% - -
 
 Medical Equipment & Services - - 13.59% -
 
 Medical Equipment - - - 9.93%
 
 Medical Supplies - - - 3.66%
 
 Health Care Providers - - 2.75% -
 
 Health Care Services - - - 2.75%
 
 Pharmaceuticals & Biotechnology - - 2.22% -
 
 Biotechnology - - - 1.13%
 
 Pharmaceuticals - - - 1.09%
 
 Financials 13.33% - - -
 
 Financial Services - 7.49% - -
 
 Finance & Credit Services - - 3.78% -
 
 Financial Data & Systems - - - 3.78%
 
 Investment Banking & Brokerage Services - - 3.71% -
 
 Investment Services - - - 3.71%
 
 Banks - 4.13% - -
 
 Banks - - 4.13% -
 
 Banks - - - 4.13%
 
 Insurance - 1.71% - -
 
 Non-life Insurance - - 1.71% -
 
 Property & Casualty Insurance - - - 1.71%
 
 Cash and Equivalents 7.96% - - -
 
 Consumer Discretionary 7.12% - - -
 
 Consumer Products & Services - 5.05% - -
 
 Consumer Services - - 2.94% -
 
 Vending & Catering Service - - - 1.59%
 
 Education Services - - - 1.34%
 
 Household Goods & Home Construction - - 2.12% -
 
 Home Construction - - - 2.12%
 
 Media - 2.06% - -
 
 Media - - 2.06% -
 
 Radio & TV Broadcasters - - - 2.06%
 
 Real Estate 4.25% - - -
 
 Real Estate - 4.25% - -
 
 Real Estate Investment Trusts - - 4.25% -
 
 Other Specialty REITs - - - 2.21%
 
 Infrastructure REITs - - - 2.04%
 
 Basic Materials 1.74% - - -
 
 Chemicals - 1.74% - -
 
 Chemicals - - 1.74% -
 
 Chemicals: Diversified - - - 1.74%
 
 Energy 0.99% - - -
 
 Energy - 0.99% - -
 
 Renewable Energy - - 0.99% -
 
 Renewable Energy Equipment - - - 0.99%

Regional Allocation

pie chart
  North America 65.81%
  Developed Europe - Excl UK 17.80%
  Cash and Equivalents 7.96%
  UK 5.26%
  Japan 3.17%

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 65.81% -
 
 United States - 65.81%
 
 Developed Europe - Excl UK 17.80% -
 
 Netherlands - 4.48%
 
 Denmark - 3.62%
 
 Switzerland - 3.08%
 
 Germany - 3.06%
 
 Luxembourg - 2.06%
 
 Sweden - 1.51%
 
 Cash and Equivalents 7.96% -
 
 UK 5.26% -
 
 United Kingdom - 5.26%
 
 Japan 3.17% -
 
 Japan - 3.17%

Breakdown By Market Cap (%)

Mega
 
 
49.22%
Large
 
 
17.04%
Medium
 
 
21.53%
Non-Classified
 
 
4.26%
Cash
 
 
7.96%

Top 10 Holdings

Stock % Weight Sector Country
1 VISA 4.32% Industrial Support Services United States
2 CADENCE DESIGN SYSTEMS 3.41% Software & Computer Services United States
3 THERMO FISHER SCIENTIFIC 3.34% Medical Equipment & Services United States
4 ALPHABET INC 2.80% Software & Computer Services United States
5 PTC 2.77% Software & Computer Services United States
6 IQVIA HOLDINGS 2.75% Health Care Providers United States
7 RINGKJOEBING LANDBOBANK 2.62% Banks Denmark
8 AGILENT TECHNOLOGIES INC 2.59% Medical Equipment & Services United States
9 INTUITIVE SURGICAL 2.35% Medical Equipment & Services United States
10 ASML HOLDING N.V. 2.31% 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 - 23.13% - - - - - - 23.13%
Financials 1.88% 11.45% - - - - - - 13.33%
Real Estate - 2.04% - - - 2.21% - - 4.25%
Consumer Discretionary 1.59% 5.52% - - - - - - 7.12%
Energy - 0.99% - - - - - - 0.99%
Health Care - 18.55% - - - - - - 18.55%
Industrials 1.79% 21.13% - - - - - - 22.92%
Basic Materials - 1.74% - - - - - - 1.74%
Cash and Equivalents - - - - - - - 7.96% 7.96%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 0.86%

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
ISA 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 1

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 information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.