Discovery Balanced B Inc GBP
Latest (Mid) Price:
GBX 125.86
Day Change:
-0.91%
| Shares Class | Inc. |
|---|---|
| Yield | 3.80 |
| Total Expense Ratio | 1.18 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 69,312,400.00 | Launch Date | 21/03/2005 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.70 |
| Sector | IMA UK Equity Income | Min Investment (£) | 3,000.00 | Total Expense Ratio (%) | 1.18 |
| ISIN | GB00B92M7J45 | Min Topup (£) | 1,000.00 | Ongoing Charge (%) | 1.1773 (on 20/10/2020) |
Fund Objective
The objective of the Fund is to provide returns through a combination of capital growth and income 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 | 3.78% |
| Cash & Cash Equivalents | 0.82% |
| Global Fixed Interest | 25.70% |
| International Equities | 7.64% |
| Money Market | 4.71% |
| Others | 2.61% |
| Property | 2.64% |
| UK Equities | 6.81% |
| US Equities | 6.08% |
Region Breakdown
| Name | Weight |
|---|---|
| Guernsey | 3.46% |
| Ireland | 18.31% |
| Jersey | 1.82% |
| Luxembourg | 6.93% |
| Money Market | 0.82% |
| UK | 68.66% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asia/Pacific Corporate Fixed I | 3.78% |
| Cash & Cash Equivalents | 0.82% |
| Equities | 16.87% |
| Europe ex UK Equities | 7.30% |
| Fixed Interest | 5.40% |
| Global Emerging Market Equitie | 4.74% |
| Government Bonds - UK | 3.15% |
| Hedge | 2.61% |
| Infrastructure | 2.49% |
| International Equities | 12.08% |
| International Fixed Interest | 9.43% |
| Japanese Equities | 6.65% |
| Money Market | 4.71% |
| North American Equities | 6.08% |
| Others | 3.53% |
| Property | 2.64% |
| UK Corporate Bonds | 7.72% |
Top 10 Holdings
| Name | Weight |
|---|---|
| FIDELITY INDEX UK P | 9.12% |
| FIDELITY INDEX US P | 6.08% |
| VANGUARD GLOBAL BOND INDEX HED | 5.96% |
| FIDELITY EMERGING MARKETS W AC | 4.74% |
| JPMORGAN ETFS (IRELAND) ICAV G | 4.71% |
| Brown Advisory Global Leaders | 4.70% |
| ARTEMIS CORPORATE BOND F INC G | 4.52% |
| L&G UK MID CAP INDEX C ACC | 4.46% |
| LEGG MASON IF MARTIN CURRIE EU | 4.31% |
| MORG STNLY ASIA OPPORTUNITY ZH | 3.78% |
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
