Valu-Trac VT Astute Conservative - Acc
Report And Accounts
Simplified Prospectus / KIID
Portfolio data accurate as at:
Performance
Discrete performance - to last month end
| 31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
31/03/25 to 31/03/26 |
|
|---|---|---|---|---|---|
| Fund | 4.5% | -3.9% | 6.7% | 3.0% | 5.6% |
| Sector | -0.2% | -5.9% | 5.9% | 3.3% | 6.4% |
| Rank | 2/54 | 11/57 | 22/60 | 44/63 | 47/65 |
| Quartile | 1 | 1 | 2 | 3 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/26 |
5 Years to 31/03/26 |
10 Years to 31/03/26 |
||
| Fund | 5.1% | 3.1% | n/a | |
| Sector | 5.2% | 1.8% | 2.9% | |
| Rank | 39/60 | 9/54 | n/a | |
| Quartile | 3 | 1 | n/a | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| 4¼% Treasury Gilt 2040 | 8.13 |
| BlackRock European Absolute Alpha Class D | 5.05 |
| 4¾% Treasury Gilt 2043 | 4.52 |
| 5⅜% Treasury Gilt 2056 | 3.04 |
| 4⅜% Treasury Gilt 2054 | 3.02 |
| Goldman Sachs USD CMT 10 Daily Range Accrual 9.20% | 1.86 |
| Credit Agricole Range Accrual GBP on Solactive Gilts 10Y | 1.53 |
| Credit Agricole EuroStoxx Banks Income Autocall (2.215% Quarterly) Note | 1.41 |
| Goldman Sachs USD CMT 10 Daily Range Accrual 10.0% | 1.37 |
| Natixis 1474 EuroStoxx Banks Reverse Convertible (8% p.a.) MTN | 1.35 |
| Total | 31.28 |
Fund Aims
The investment objective of the Fund is to deliver total returns (comprised of income and capital growth) in line with the Consumer Prices Index over the long term (5 years) (net of fees and underlying fund charges). Capital is in fact at risk and there is no guarantee that a positive return will be achieved over a five year, or any, period.
Fund Manager
Scott Osborne
manager
for
5 years
and 8 months
As chief investment officer Scott is responsible for the day to day management of the VT Astute fund range. Scott started his career in 2014 as an Investment Analyst for Manchester based Fund of Funds proposition. Prior to joining Astute he worked as an Asset Class Strategist, responsible for third party fund research at a national DFM and European private bank. He has BSc in Biology from Liverpool John Moores and an MSc & PhD both from Liverpool University. Scott holds the IMC certificate and is a CFA Charter holder.
Fund Overview
| Mid (02/04/2026) | 121.09p |
| Historic yield | 2.15% |
| Fund size (28/02/2026) | £140.83m |
| Number of holdings | 7232 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.70% |
| Launch date | 20/07/2020 |
Asset Allocation
| UK Gilts | 29.54% | |
| International Equities | 21.16% | |
| International Bonds | 20.60% | |
| Alternative Trading Strategies | 4.95% | |
| UK Corporate Bonds | 4.42% | |
| UK Equities | 2.77% | |
| Investment Trusts | 1.85% | |
| Cash and Equivalents | 1.59% | |
| Money Market | 1.11% | |
| Other Assets | 12.01% |
Portfolio data accurate as at:
Asset Allocation
| UK Gilts | 29.54% | |
| International Equities | 21.16% | |
| International Bonds | 20.60% | |
| Alternative Trading Strategies | 4.95% | |
| UK Corporate Bonds | 4.42% | |
| UK Equities | 2.77% | |
| Investment Trusts | 1.85% | |
| Cash and Equivalents | 1.59% | |
| Money Market | 1.11% | |
| Other Assets | 12.01% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 54.56% | - | - | - | |
| Non-Classified | 11.34% | - | - | - | |
| Non-Classified | - | 10.00% | - | - | |
| Non-Classified | - | - | 10.00% | - | |
| Non-Classified | - | - | - | 10.00% | |
| Financials | 5.67% | - | - | - | |
| Financial Services | - | 2.98% | - | - | |
| Equity Investment Instruments | - | - | 1.85% | - | |
| Equity Investment Instruments | - | - | - | 1.85% | |
| Investment Banking & Brokerage Services | - | - | 0.99% | - | |
| Investment Services | - | - | - | 0.43% | |
| Asset Managers & Custodians | - | - | - | 0.37% | |
| Diversified Financial Services | - | - | - | 0.18% | |
| Finance & Credit Services | - | - | 0.14% | - | |
| Financial Data & Systems | - | - | - | 0.08% | |
| Mortgage Finance | - | - | - | 0.04% | |
| Consumer Lending | - | - | - | 0.02% | |
| Nonequity Investment Instruments | - | - | 0.00% | - | |
| Nonequity Investment Instruments | - | - | - | 0.00% | |
| Banks | - | 1.91% | - | - | |
| Banks | - | - | 1.91% | - | |
| Banks | - | - | - | 1.91% | |
| Insurance | - | 0.79% | - | - | |
| Non-life Insurance | - | - | 0.45% | - | |
| Property & Casualty Insurance | - | - | - | 0.21% | |
| Full Line Insurance | - | - | - | 0.14% | |
| Insurance Brokers | - | - | - | 0.06% | |
| Reinsurance | - | - | - | 0.04% | |
| Life Insurance | - | - | 0.33% | - | |
| Life Insurance | - | - | - | 0.33% | |
| Technology | 5.67% | - | - | - | |
| Technology | - | 5.67% | - | - | |
| Technology Hardware & Equipment | - | - | 3.23% | - | |
| Semiconductors | - | - | - | 1.85% | |
| Computer Hardware | - | - | - | 0.66% | |
| Production Technology Equipment | - | - | - | 0.50% | |
| Electronic Components | - | - | - | 0.17% | |
| Electronic Office Equipment | - | - | - | 0.04% | |
| Software & Computer Services | - | - | 2.44% | - | |
| Consumer Digital Services | - | - | - | 1.21% | |
| Software | - | - | - | 0.98% | |
| Computer Services | - | - | - | 0.25% | |
| Alternative Trading Strategies | 4.95% | - | - | - | |
| Alternative Trading Strategies | - | 4.95% | - | - | |
| Alternative Trading Strategies | - | - | 4.95% | - | |
| Alternative Trading Strategies | - | - | - | 4.95% | |
| Industrials | 3.97% | - | - | - | |
| Industrial Goods & Services | - | 3.31% | - | - | |
| Industrial Support Services | - | - | 0.75% | - | |
| Transaction Processing Services | - | - | - | 0.31% | |
| Industrial Suppliers | - | - | - | 0.18% | |
| Professional Business Support Services | - | - | - | 0.16% | |
| Business Training & Employment Agencies | - | - | - | 0.08% | |
| Security Services | - | - | - | 0.01% | |
| Electronic & Electrical Equipment | - | - | 0.72% | - | |
| Electrical Components | - | - | - | 0.24% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.16% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.16% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.13% | |
| Electronic Equipment: Other | - | - | - | 0.02% | |
| Industrial Engineering | - | - | 0.56% | - | |
| Machinery: Industrial | - | - | - | 0.29% | |
| Machinery: Construction & Handling | - | - | - | 0.15% | |
| Machinery: Tools | - | - | - | 0.05% | |
| Machinery: Engines | - | - | - | 0.03% | |
| Machinery: Agricultural | - | - | - | 0.03% | |
| Machinery: Specialty | - | - | - | 0.02% | |
| General Industrials | - | - | 0.51% | - | |
| Diversified Industrials | - | - | - | 0.37% | |
| Containers & Packaging | - | - | - | 0.06% | |
| Plastics | - | - | - | 0.05% | |
| Paints & Coatings | - | - | - | 0.03% | |
| Aerospace & Defence | - | - | 0.47% | - | |
| Aerospace | - | - | - | 0.29% | |
| Defense | - | - | - | 0.18% | |
| Industrial Transportation | - | - | 0.30% | - | |
| Railroads | - | - | - | 0.07% | |
| Transportation Services | - | - | - | 0.07% | |
| Delivery Services | - | - | - | 0.04% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.03% | |
| Commercial Vehicles & Parts | - | - | - | 0.03% | |
| Trucking | - | - | - | 0.03% | |
| Marine Transportation | - | - | - | 0.02% | |
| Railroad Equipment | - | - | - | 0.01% | |
| Construction & Materials | - | 0.66% | - | - | |
| Construction & Materials | - | - | 0.66% | - | |
| Building: Climate Control | - | - | - | 0.16% | |
| Construction | - | - | - | 0.16% | |
| Building Materials: Other | - | - | - | 0.12% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.09% | |
| Engineering & Contracting Services | - | - | - | 0.08% | |
| Cement | - | - | - | 0.05% | |
| Consumer Discretionary | 3.28% | - | - | - | |
| Retail | - | 1.21% | - | - | |
| Retailers | - | - | 1.21% | - | |
| Diversified Retailers | - | - | - | 0.72% | |
| Specialty Retailers | - | - | - | 0.23% | |
| Home Improvement Retailers | - | - | - | 0.15% | |
| Apparel Retailers | - | - | - | 0.12% | |
| Consumer Products & Services | - | 0.79% | - | - | |
| Personal Goods | - | - | 0.23% | - | |
| Clothing & Accessories | - | - | - | 0.12% | |
| Cosmetics | - | - | - | 0.04% | |
| Footwear | - | - | - | 0.03% | |
| Luxury Items | - | - | - | 0.03% | |
| Household Goods & Home Construction | - | - | 0.23% | - | |
| Home Construction | - | - | - | 0.17% | |
| Household Appliance | - | - | - | 0.04% | |
| Household Furnishings | - | - | - | 0.01% | |
| Consumer Services | - | - | 0.20% | - | |
| Consumer Services: Misc. | - | - | - | 0.13% | |
| Funeral Parlors & Cemetery | - | - | - | 0.04% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.02% | |
| Vending & Catering Service | - | - | - | 0.01% | |
| Education Services | - | - | - | 0.00% | |
| Leisure Goods | - | - | 0.13% | - | |
| Consumer Electronics | - | - | - | 0.07% | |
| Electronic Entertainment | - | - | - | 0.03% | |
| Photography | - | - | - | 0.01% | |
| Toys | - | - | - | 0.01% | |
| Recreational Products | - | - | - | 0.01% | |
| Automobiles & Parts | - | 0.52% | - | - | |
| Automobiles & Parts | - | - | 0.52% | - | |
| Automobiles | - | - | - | 0.41% | |
| Auto Parts | - | - | - | 0.10% | |
| Tires | - | - | - | 0.00% | |
| Auto Services | - | - | - | 0.00% | |
| Travel & Leisure | - | 0.50% | - | - | |
| Travel & Leisure | - | - | 0.50% | - | |
| Travel & Tourism | - | - | - | 0.19% | |
| Restaurants & Bars | - | - | - | 0.13% | |
| Airlines | - | - | - | 0.08% | |
| Hotels & Motels | - | - | - | 0.06% | |
| Casinos & Gambling | - | - | - | 0.03% | |
| Recreational Services | - | - | - | 0.01% | |
| Media | - | 0.27% | - | - | |
| Media | - | - | 0.27% | - | |
| Entertainment | - | - | - | 0.12% | |
| Media Agencies | - | - | - | 0.07% | |
| Radio & TV Broadcasters | - | - | - | 0.07% | |
| Publishing | - | - | - | 0.01% | |
| Cash and Equivalents | 2.70% | - | - | - | |
| Health Care | 1.90% | - | - | - | |
| Health Care | - | 1.90% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.17% | - | |
| Pharmaceuticals | - | - | - | 0.99% | |
| Biotechnology | - | - | - | 0.17% | |
| Medical Equipment & Services | - | - | 0.57% | - | |
| Medical Equipment | - | - | - | 0.43% | |
| Medical Supplies | - | - | - | 0.12% | |
| Medical Services | - | - | - | 0.02% | |
| Health Care Providers | - | - | 0.16% | - | |
| Health Care Management Services | - | - | - | 0.10% | |
| Health Care Facilities | - | - | - | 0.03% | |
| Health Care Services | - | - | - | 0.02% | |
| Health Care: Misc. | - | - | - | 0.00% | |
| Real Estate | 1.23% | - | - | - | |
| Real Estate | - | 1.23% | - | - | |
| Real Estate Investment Trusts | - | - | 0.93% | - | |
| Diversified REITs | - | - | - | 0.25% | |
| Industrial REITs | - | - | - | 0.23% | |
| Residential REITs | - | - | - | 0.08% | |
| Other Specialty REITs | - | - | - | 0.08% | |
| Health Care REITs | - | - | - | 0.07% | |
| Retail REITs | - | - | - | 0.07% | |
| Office REITs | - | - | - | 0.04% | |
| Storage REITs | - | - | - | 0.04% | |
| Infrastructure REITs | - | - | - | 0.04% | |
| Hotel & Lodging REITs | - | - | - | 0.02% | |
| Timber REITs | - | - | - | 0.01% | |
| Real Estate Investment & Services | - | - | 0.31% | - | |
| Real Estate Holding and Development | - | - | - | 0.22% | |
| Real Estate Services | - | - | - | 0.08% | |
| Consumer Staples | 1.11% | - | - | - | |
| Food, Beverage & Tobacco | - | 0.71% | - | - | |
| Food Producers | - | - | 0.39% | - | |
| Food Products | - | - | - | 0.35% | |
| Fruit & Grain Processing | - | - | - | 0.02% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.02% | |
| Beverages | - | - | 0.21% | - | |
| Soft Drinks | - | - | - | 0.12% | |
| Brewers | - | - | - | 0.06% | |
| Distillers & Vintners | - | - | - | 0.03% | |
| Tobacco | - | - | 0.11% | - | |
| Tobacco | - | - | - | 0.11% | |
| Personal Care, Drug & Grocery Stores | - | 0.39% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.39% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.16% | |
| Personal Products | - | - | - | 0.15% | |
| Drug Retailers | - | - | - | 0.06% | |
| Nondurable Household Products | - | - | - | 0.03% | |
| Miscellaneous Consumer Staple Goods | - | - | - | 0.00% | |
| Utilities | 1.03% | - | - | - | |
| Utilities | - | 1.03% | - | - | |
| Electricity | - | - | 0.46% | - | |
| Conventional Electricity | - | - | - | 0.42% | |
| Alternative Electricity | - | - | - | 0.04% | |
| Gas, Water & Multi-utilities | - | - | 0.38% | - | |
| Water | - | - | - | 0.24% | |
| Multi-Utilities | - | - | - | 0.12% | |
| Gas Distribution | - | - | - | 0.02% | |
| Waste & Disposal Services | - | - | 0.19% | - | |
| Waste & Disposal Services | - | - | - | 0.19% | |
| Basic Materials | 0.93% | - | - | - | |
| Basic Resources | - | 0.49% | - | - | |
| Industrial Metals & Mining | - | - | 0.39% | - | |
| General Mining | - | - | - | 0.19% | |
| Iron & Steel | - | - | - | 0.07% | |
| Metal Fabricating | - | - | - | 0.06% | |
| Copper | - | - | - | 0.04% | |
| Nonferrous Metals | - | - | - | 0.03% | |
| Aluminum | - | - | - | 0.00% | |
| Precious Metals & Mining | - | - | 0.08% | - | |
| Gold Mining | - | - | - | 0.07% | |
| Platinum & Precious Metals | - | - | - | 0.00% | |
| Industrial Materials | - | - | 0.02% | - | |
| Paper | - | - | - | 0.01% | |
| Diversified Materials | - | - | - | 0.01% | |
| Forestry | - | - | - | 0.00% | |
| Chemicals | - | 0.44% | - | - | |
| Chemicals | - | - | 0.44% | - | |
| Chemicals: Diversified | - | - | - | 0.22% | |
| Specialty Chemicals | - | - | - | 0.18% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.02% | |
| Fertilizers | - | - | - | 0.02% | |
| Telecommunications | 0.85% | - | - | - | |
| Telecommunications | - | 0.85% | - | - | |
| Telecommunications Equipment | - | - | 0.50% | - | |
| Telecommunications Equipment | - | - | - | 0.50% | |
| Telecommunications Service Providers | - | - | 0.34% | - | |
| Telecommunications Services | - | - | - | 0.32% | |
| Cable Television Services | - | - | - | 0.03% | |
| Energy | 0.82% | - | - | - | |
| Energy | - | 0.82% | - | - | |
| Non-Renewable Energy | - | - | 0.78% | - | |
| Integrated Oil & Gas | - | - | - | 0.30% | |
| Oil: Crude Producers | - | - | - | 0.24% | |
| Oil Refining and Marketing | - | - | - | 0.11% | |
| Pipelines | - | - | - | 0.06% | |
| Oil Equipment & Services | - | - | - | 0.05% | |
| Offshore Drilling & Other Services | - | - | - | 0.02% | |
| Renewable Energy | - | - | 0.04% | - | |
| Renewable Energy Equipment | - | - | - | 0.04% | |
| Alternative Fuels | - | - | - | 0.00% | |
Regional Allocation
| UK | 36.76% | |
| North America | 18.63% | |
| Developed Europe - Excl UK | 16.24% | |
| Non-Classified | 13.21% | |
| Alternative Trading Strategies | 5.05% | |
| Emerging Asia | 2.80% | |
| Cash and Equivalents | 2.70% | |
| Japan | 2.41% | |
| Property | 0.72% | |
| Other Regions | 1.47% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 44.96% | |
| Pound Sterling | 41.09% | |
| US Dollar | 8.64% | |
| Euro | 4.26% | |
| Unrecognised | 0.49% | |
| Cash | 0.48% | |
| Other Currencies | 0.09% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 36.76% | - | |
United Kingdom
|
- | 36.75% | |
Jersey
|
- | 0.01% | |
Guernsey
|
- | 0.00% | |
| North America | 18.63% | - | |
United States
|
- | 17.76% | |
Canada
|
- | 0.87% | |
| Developed Europe - Excl UK | 16.24% | - | |
Luxembourg
|
- | 5.65% | |
Germany
|
- | 3.90% | |
France
|
- | 1.85% | |
Netherlands
|
- | 1.26% | |
Switzerland
|
- | 0.69% | |
Sweden
|
- | 0.49% | |
Ireland
|
- | 0.48% | |
Spain
|
- | 0.45% | |
Italy
|
- | 0.44% | |
Denmark
|
- | 0.35% | |
Belgium
|
- | 0.23% | |
Norway
|
- | 0.17% | |
Portugal
|
- | 0.12% | |
Finland
|
- | 0.10% | |
Austria
|
- | 0.04% | |
Iceland
|
- | 0.02% | |
| Non-Classified | 13.21% | - | |
| Alternative Trading Strategies | 5.05% | - | |
| Emerging Asia | 2.80% | - | |
China
|
- | 0.76% | |
South Korea
|
- | 0.72% | |
Taiwan
|
- | 0.64% | |
India
|
- | 0.34% | |
Indonesia
|
- | 0.12% | |
Viet Nam
|
- | 0.09% | |
Kazakhstan
|
- | 0.06% | |
Philippines
|
- | 0.05% | |
Thailand
|
- | 0.04% | |
| Cash and Equivalents | 2.70% | - | |
| Japan | 2.41% | - | |
Japan
|
- | 2.41% | |
| Property | 0.72% | - | |
| South & Central America | 0.51% | - | |
Brazil
|
- | 0.35% | |
Mexico
|
- | 0.12% | |
Colombia
|
- | 0.02% | |
Argentina
|
- | 0.01% | |
| Australia & New Zealand | 0.40% | - | |
Australia
|
- | 0.38% | |
New Zealand
|
- | 0.02% | |
| Developed Asia | 0.26% | - | |
Hong Kong
|
- | 0.24% | |
Singapore
|
- | 0.02% | |
| Middle East & Africa | 0.22% | - | |
South Africa
|
- | 0.14% | |
Egypt
|
- | 0.03% | |
United Arab Emirates
|
- | 0.02% | |
Israel
|
- | 0.02% | |
| Emerging Europe | 0.09% | - | |
Turkey
|
- | 0.04% | |
Romania
|
- | 0.02% | |
Poland
|
- | 0.01% | |
Czech Republic
|
- | 0.01% | |
Hungary
|
- | 0.01% | |
Greece
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
11.40% |
| Large |
|
4.60% |
| Medium |
|
3.11% |
| Small |
|
1.26% |
| Micro |
|
0.33% |
| Non-Classified |
|
22.05% |
| Bonds |
|
54.56% |
| Cash |
|
2.70% |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
14.84% |
| 5Yr - 10Yr Maturity |
|
11.36% |
| 10Yr - 15Yr Maturity |
|
10.33% |
| > 15Yr Maturity |
|
18.03% |
| Cash And Equivalents |
|
2.70% |
| Unknown Maturity |
|
6.29% |
| Other Asset Types |
|
36.45% |
Fixed Interest Quality Profile
| AAA |
|
0.56% |
| AA |
|
30.97% |
| A |
|
3.33% |
| BBB |
|
4.27% |
| Sub-Investment Grade |
|
3.06% |
| Unknown Quality |
|
12.37% |
| Cash and Equivalents |
|
2.70% |
| Other Asset Types |
|
42.74% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | 4¼% Treasury Gilt 2040 | 8.13% | Bonds | United Kingdom |
| 2 | BlackRock European Absolute Alpha Class D | 5.05% | Non-Classified | Alternative Trading Strategies |
| 3 | 4¾% Treasury Gilt 2043 | 4.52% | Bonds | United Kingdom |
| 4 | 5⅜% Treasury Gilt 2056 | 3.04% | Bonds | United Kingdom |
| 5 | 4⅜% Treasury Gilt 2054 | 3.02% | Bonds | United Kingdom |
| 6 | Goldman Sachs USD CMT 10 Daily Range Accrual 9.20% | 1.86% | Bonds | Germany |
| 7 | Credit Agricole Range Accrual GBP on Solactive Gilts 10Y | 1.53% | Bonds | Luxembourg |
| 8 | Credit Agricole EuroStoxx Banks Income Autocall (2.215% Quarterly) Note | 1.41% | Bonds | Luxembourg |
| 9 | Goldman Sachs USD CMT 10 Daily Range Accrual 10.0% | 1.37% | Bonds | Germany |
| 10 | Natixis 1474 EuroStoxx Banks Reverse Convertible (8% p.a.) MTN | 1.35% | Bonds | Luxembourg |
Identification Codes
| Sedol Code | BKWGB46 |
| Mex Code | - |
| Isin Code | GB00BKWGB467 |
| Citi Code | BONR |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.70% |
Aims and Benchmark
| Aims | The investment objective of the Fund is to deliver total returns (comprised of income and capital growth) in line with the Consumer Prices Index over the long term (5 years) (net of fees and underlying fund charges). Capital is in fact at risk and there is no guarantee that a positive return will be achieved over a five year, or any, period. |
| Benchmark | A target for the Fund's performance has been set by reference to the UK Consumer Price Index (CPI) (the “Index”) over a five year period. |
| Benchmark Category | Target |
| IA Sector | Unclassified |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| 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) |
|---|---|
| 31 March | 31 May |
| 30 September | 30 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | The National Westminster Bank plc |
| Fund Administrator | Valu-Trac Investment Management Limited |
| Fund Registrar | Valu-Trac Investment Management Limited |
| Fund Custodian | RBC Investor Services Trust (London Branch) |
Group Details
| Group name | Valu-Trac |
| Group address | Valu-Trac Investment Management Limited Orton, Fochabers Moray Scotland IV32 7QE |
| Group telephone | 01343 880217 |
| Dealing telephone | - |
| - | |
| Homepage | www.valu-trac.com/index.php |
| Fax number | - |
Dealing
| Minimum Investment | - |
| Minimum Top Up | - |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 3 |
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -1.34 |
| Beta | 1.23 |
| Sharpe | 0.27 |
| Standard Deviation | 5.95 |
| Info Ratio | -0.14 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | Yes |
| 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 | Yes |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | Yes |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | Yes |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Charges to Capital
Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).
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.
Property
The fund invests in Property funds, property shares or direct property. In particular the following risks will apply:- The property market is illiquid and this can, in exceptional circumstances, lead to times in which clients are unable to dispose of part or all of their holding. Property valuations are made by independent agents but are ultimately subjective and a matter of judgement. Property transaction costs are high (typically around 7% due to legal costs, valuations and stamp duty)
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.
New Fund
The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.
Liquidity
This fund can suffer from partial or total illiquidity, which may lead to considerable price fluctuations and the inability to redeem your investment.
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.