The Fund aims to deliver capital growth over the long term (5 years or more).
Fund Manager
Martyn Jonesmanager
for
4 years
and 10 months
Martyn Jones is Lead Fund Manager of the Liontrust Sustainable Future European Growth Fund and Liontrust Sustainable Future Pan-European Growth Fund. He joined Liontrust in 2017 following the acquisition of Alliance Trust Investments and became a Portfolio Manager in November 2019. Prior to Liontrust, Martyn spent five years at Alliance Trust Investments initially as a Graduate Trainee, and then as an Analyst with the Sustainable Investment team.
Martyn has an MA (Hons) in Management from the University of Glasgow and a Masters in Sustainability Leadership at the University of Cambridge. Martyn has completed the IMC and is a CFA Charterholder.
Peter Michaelismanager
for
23 years
and 7 months
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).
Fund Overview
Mid (20/09/2024)
249.93p
Historic yield
1.59%
Fund size (31/08/2024)
£607.98m
Number of holdings
52
Entry Charge
0.00%
Ongoing Charges
0.83%
Launch date
19/02/2001
Asset Allocation
UK Equities
90.75%
International Equities
5.99%
Investment Trusts
2.04%
Property
1.06%
Cash and Equivalents
0.16%
Commentary
UK equities ended 2012 on a positive note. The main contributor was bus and rail franchise operator National Express. Despite the difficult economic background, the company remains on course to meet its full year earnings target with the c2c franchise driving revenues in its rail division. Amongst financials, we hold provider Paragon which has a business model focused on lending for housing, an important social issue. The company is diversifying into property management and recently announced record annual profits combined with a 50 per cent increase in its dividend. In the retail sector, online fashion store Asos manages its supply chain well and reported that trading in its UK division was ahead of expectations last quarter. The main detractor was Packaging company DS Smith is a significant player in the recycling of paper and cardboard, reducing the need for new wood fibre. While the acquisition of SCA Packaging has strengthened its foothold in Europe, weaker trading conditions in the region have affected the share price. Data centre operator Telecity fell back on profit taking. However, growth in the digital economy is driving demand for data centres and Telecity has recently added capacity in the key London docklands market.
Portfolio data accurate as at: 31/08/24
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
UK Equities
90.75%
International Equities
5.99%
Investment Trusts
2.04%
Property
1.06%
Cash and Equivalents
0.16%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Financials
27.30%
-
-
-
Financial Services
-
19.64%
-
-
Investment Banking & Brokerage Services
-
-
10.03%
-
Asset Managers & Custodians
-
-
-
7.82%
Investment Services
-
-
-
2.21%
Finance & Credit Services
-
-
7.57%
-
Financial Data & Systems
-
-
-
3.44%
Consumer Lending
-
-
-
2.41%
Mortgage Finance
-
-
-
1.72%
Equity Investment Instruments
-
-
2.04%
-
Equity Investment Instruments
-
-
-
2.04%
Insurance
-
4.46%
-
-
Life Insurance
-
-
2.28%
-
Life Insurance
-
-
-
2.28%
Non-life Insurance
-
-
2.18%
-
Property & Casualty Insurance
-
-
-
2.18%
Banks
-
3.20%
-
-
Banks
-
-
3.20%
-
Banks
-
-
-
3.20%
Industrials
25.61%
-
-
-
Industrial Goods & Services
-
21.76%
-
-
Industrial Support Services
-
-
8.16%
-
Professional Business Support Services
-
-
-
4.22%
Transaction Processing Services
-
-
-
2.02%
Industrial Suppliers
-
-
-
1.91%
Electronic & Electrical Equipment
-
-
7.75%
-
Electronic Equipment: Gauges & Meters
-
-
-
3.51%
Electronic Equipment: Control & Filter
-
-
-
3.33%
Electrical Components
-
-
-
0.91%
Industrial Transportation
-
-
2.96%
-
Commercial Vehicle-Equipment Leasing
-
-
-
2.96%
General Industrials
-
-
1.52%
-
Containers & Packaging
-
-
-
1.52%
Industrial Engineering
-
-
1.37%
-
Machinery: Industrial
-
-
-
1.37%
Construction & Materials
-
3.86%
-
-
Construction & Materials
-
-
3.86%
-
Building Materials: Other
-
-
-
2.55%
Building, Roofing/Wallboard & Plumbing
-
-
-
1.30%
Health Care
14.68%
-
-
-
Health Care
-
14.68%
-
-
Pharmaceuticals & Biotechnology
-
-
12.11%
-
Pharmaceuticals
-
-
-
10.11%
Biotechnology
-
-
-
2.00%
Medical Equipment & Services
-
-
2.57%
-
Medical Supplies
-
-
-
2.57%
Consumer Discretionary
9.67%
-
-
-
Travel & Leisure
-
5.13%
-
-
Travel & Leisure
-
-
5.13%
-
Travel & Tourism
-
-
-
3.38%
Recreational Services
-
-
-
1.74%
Consumer Products & Services
-
3.26%
-
-
Consumer Services
-
-
3.26%
-
Vending & Catering Service
-
-
-
3.26%
Retail
-
1.29%
-
-
Retailers
-
-
1.29%
-
Home Improvement Retailers
-
-
-
1.29%
Technology
9.45%
-
-
-
Technology
-
9.45%
-
-
Software & Computer Services
-
-
9.45%
-
Software
-
-
-
5.23%
Computer Services
-
-
-
2.64%
Consumer Digital Services
-
-
-
1.59%
Telecommunications
4.94%
-
-
-
Telecommunications
-
4.94%
-
-
Telecommunications Service Providers
-
-
4.94%
-
Telecommunications Services
-
-
-
4.94%
Consumer Staples
3.39%
-
-
-
Personal Care, Drug & Grocery Stores
-
3.39%
-
-
Personal Care, Drug & Grocery Stores
-
-
3.39%
-
Personal Products
-
-
-
3.39%
Utilities
2.07%
-
-
-
Utilities
-
2.07%
-
-
Gas, Water & Multi-utilities
-
-
2.07%
-
Multi-Utilities
-
-
-
2.07%
Basic Materials
1.42%
-
-
-
Chemicals
-
1.42%
-
-
Chemicals
-
-
1.42%
-
Chemicals: Diversified
-
-
-
1.42%
Real Estate
1.06%
-
-
-
Real Estate
-
1.06%
-
-
Real Estate Investment Trusts
-
-
1.06%
-
Residential REITs
-
-
-
1.06%
Non-Classified
0.24%
-
-
-
Cash and Equivalents
0.16%
-
-
-
Regional Allocation
UK
90.75%
Developed Europe - Excl UK
4.07%
Non-Classified
2.04%
North America
1.91%
Property
1.06%
Cash and Equivalents
0.16%
Regional Breakdown
Expand allCollapse all
Region
Country
UK
90.75%
-
United Kingdom
-
90.75%
Developed Europe - Excl UK
4.07%
-
Ireland
-
4.07%
Non-Classified
2.04%
-
North America
1.91%
-
United States
-
1.91%
Property
1.06%
-
Cash and Equivalents
0.16%
-
Breakdown By Market Cap (%)
Mega
32.35%
Large
17.50%
Medium
28.74%
Small
11.96%
Micro
1.95%
Non-Classified
7.34%
Cash
0.16%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
3i Group Plc 3i Group Plc Ord GBP0.738636
4.53%
Investment Banking & Brokerage Services
United Kingdom
2
ASTRAZENECA
4.23%
Pharmaceuticals & Biotechnology
United Kingdom
3
LONDON STOCK EXCHANGE GROUP
3.44%
Finance & Credit Services
United Kingdom
4
UNILEVER
3.39%
Personal Care, Drug & Grocery Stores
United Kingdom
5
Molten Ventures Plc Molten Ventures plc Ord
3.29%
Investment Banking & Brokerage Services
United Kingdom
6
COMPASS GROUP
3.26%
Consumer Services
United Kingdom
7
ROYAL BANK OF SCOTLAND GROUP
3.20%
Banks
United Kingdom
8
GSK
3.18%
Pharmaceuticals & Biotechnology
United Kingdom
9
ASHTEAD GROUP
2.96%
Industrial Transportation
United Kingdom
10
HALEON
2.70%
Pharmaceuticals & Biotechnology
United Kingdom
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Technology
9.45%
-
-
-
-
-
-
-
9.45%
Telecommunications
4.94%
-
-
-
-
-
-
-
4.94%
Financials
25.26%
-
-
-
-
-
2.04%
-
27.30%
Real Estate
-
-
-
-
-
1.06%
-
-
1.06%
Consumer Discretionary
9.67%
-
-
-
-
-
-
-
9.67%
Consumer Staples
3.39%
-
-
-
-
-
-
-
3.39%
Utilities
2.07%
-
-
-
-
-
-
-
2.07%
Health Care
14.68%
-
-
-
-
-
-
-
14.68%
Industrials
19.62%
5.99%
-
-
-
-
-
-
25.61%
Basic Materials
1.42%
-
-
-
-
-
-
-
1.42%
Cash and Equivalents
-
-
-
-
-
-
-
0.16%
0.16%
Non-Classified
0.24%
-
-
-
-
-
-
-
0.24%
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
3002876
Mex Code
NUSUG2
Isin Code
GB0030028764
Citi Code
GN26
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.83%
Aims and Benchmark
Aims
The Fund aims to deliver capital growth over the long term (5 years or more).
Benchmark
MSCI UK (£)
Benchmark Category
Comparator
IA Sector
UK All Companies
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
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
4.00%
5.00%
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
£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.