Discovery Growth A Acc USD
Latest (Mid) Price:
USX 212.00
Day Change:
-0.53%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 2.17 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 10,298,500.00 | Launch Date | 23/10/2006 | Standard Initial Charge (%) | 5.00 |
|---|---|---|---|---|---|
| Currency | USX | ISA Eligible | Yes | Annual Management Charge (%) | 1.45 |
| Sector | IMA UK Equity Income | Min Investment (£) | 5,000.00 | Total Expense Ratio (%) | 2.17 |
| ISIN | GB00B1G2HD87 | Min Topup (£) | 15,000.00 | Ongoing Charge (%) | 2.1700 (on 20/10/2020) |
Fund Objective
The objective of the Fund is to provide capital growth over a market cycle (5 years).
Fund Managers
Alan Durrant
Alan Durrant is Chief Executive Officer of Wellian Investment Solutions. Previous roles for Alan were Group Chief Investment Officer at The National Bank of Abu Dhabi (NBAD) and prior to NBAD, was Head of Asset Management at Gulf Finance House. Before moving to the Middle East, Alan was Chief Investment Officer at Skandia Investment Management and Chairman of the investment committee. During his tenure the firm won the Best MultiManager at the prestigious Money Marketing Awards in three consecutive years. Whilst at Skandia, Alan conceived and launched the popular Global Best Ideas and Asset Allocator ranges. Prior to Skandia, he was at Hargreaves Lansdown for 12 years, latterly as Investment Director.
Richard Philbin
Richard Philbin is Chief Investment Officer of Wellian Investment Solutions. He is also the inventor of the highly regarded and publicised ‘Traffic Light Analysis’ system of assessing funds. Prior to Wellian, he was AXA Architas Multi Manager’s Chief Investment Officer where he chaired the investment committee and helped the company go from a foundling business to a top 5 player in the multi manager space in the UK with responsibility for assets of over £7 bn. Previously, Richard was Head of Multi Manager at F&C Investments. Whilst at F&C he launched the successful LifeStyle range of funds. Assets grew from £100m to over £1bn during his tenure.
Asset Breakdown
| Name | Weight |
|---|---|
| Asia Pacific ex Japan Equities | 4.29% |
| Cash & Cash Equivalents | 0.61% |
| Global Fixed Interest | 15.98% |
| International Equities | 5.76% |
| Money Market | 1.62% |
| Others | 3.26% |
| Property | 1.66% |
| UK Equities | 6.32% |
| UK Fixed Interest | 3.24% |
| US Equities | 7.12% |
Region Breakdown
| Name | Weight |
|---|---|
| Ireland | 10.62% |
| Luxembourg | 6.37% |
| Money Market | 0.61% |
| UK | 82.40% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asia/Pacific Corporate Fixed I | 4.29% |
| Asia/Pacific ex Japan Equities | 2.99% |
| Cash & Cash Equivalents | 0.61% |
| Corporate Bonds | 3.22% |
| Equities | 16.87% |
| Europe ex UK Equities | 8.33% |
| Fixed Interest | 6.50% |
| Global Emerging Market Equitie | 5.55% |
| Government Bonds - UK | 2.08% |
| Hedge | 3.26% |
| Infrastructure | 1.39% |
| International Equities | 9.45% |
| International Fixed Interest | 4.18% |
| Japanese Equities | 7.91% |
| Money Market | 1.62% |
| Mutual Funds | 4.21% |
| North American Equities | 7.12% |
| Others | 3.01% |
| Property | 1.66% |
| Telecom, Media & Technology | 2.50% |
| UK Corporate Bonds | 3.24% |
Top 10 Holdings
| Name | Weight |
|---|---|
| FIDELITY INDEX UK P | 9.46% |
| FIDELITY INDEX US P | 7.12% |
| FIDELITY EMERGING MARKETS W AC | 5.55% |
| BAILLIE GIFFORD JAPANESE B ACC | 5.43% |
| LEGG MASON IF MARTIN CURRIE EU | 4.58% |
| MORG STNLY ASIA OPPORTUNITY ZH | 4.29% |
| AXA FRAMLINGTON HEALTH Z ACC | 4.21% |
| ISHARES OVERSEAS GOVERNMENT BO | 4.18% |
| L&G UK MID CAP INDEX C ACC | 4.10% |
| HSBC European Index Accumulati | 3.75% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
