Kennox Strategic Value Inst Inc
Latest (Mid) Price:
GBX 109.70
Day Change:
-0.18%
| Shares Class | Inc. |
|---|---|
| Yield | 2.16 |
| Total Expense Ratio | 1.25 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 95,000,000.00 | Launch Date | 25/06/2008 | Standard Initial Charge (%) | 5.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 1.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 2,000,000.00 | Total Expense Ratio (%) | 1.25 |
| ISIN | GB00B3YDJ200 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 1.1700 (on 30/10/2020) |
Fund Objective
The objective of the Company is to focus on long-term capital preservation and appreciation by providing investors with a concentrated portfolio of international equities, bonds and/or cash. The Company will focus on a small number of diverse, good-value opportunities which have identifiable business franchises but are experiencing temporarily depressed earnings. The Company can achieve the double benefit of growing earnings and rising expectations in the market. Adhering to this method of “strategic value investing”, the Company aims to maximise long-term risk-adjusted returns. The Company may also invest in other transferable securities, collective investment schemes, warrants, money markets instruments, deposits and other permitted investments. It is the ACD’s intention that derivatives and forward transactions be used for Efficient Portfolio Management. The Company does not offer a capital guarantee or principal protection mechanism but attempts to protect investors' capital through selection of stocks trading at a significant discount to the Investment Manager’s appraisal of their fair value.
Fund Managers
Charles L. Heenan
Charles heads our investment team and has been running the portfolio with Geoff since they launched it in July 2007. Charles has 20 years’ experience in global stock markets and over this time developed a distinct value approach to global investing. Prior to Kennox, Charles was a key member of the highly successful Asia Pacific (ex Japan) and Emerging Markets team’s investment activities at Stewart Investors (previously First State Investments).
Geoff Legg
Geoff has been running the portfolio with Charles since it was launched in 2007. He is involved in all aspects of the investment process with a focus on individual stock analysis and selection. Geoff has over 15 years’ experience in financial markets. Prior to Kennox, he qualified as an actuary with Towers Perrin. Geoff has a first class maths and physics degree and a postgraduate masters in financial mathematics.
Asset Breakdown
| Name | Weight |
|---|---|
| Australian Equities | 4.00% |
| Canadian Equities | 3.00% |
| Dutch Equities | 2.00% |
| French Equities | 6.00% |
| German Equities | 3.00% |
| Hong Kong Equities | 13.00% |
| Japanese Equities | 12.00% |
| Money Market | 4.00% |
| New Zealand Equities | 2.00% |
| Norwegian Equities | 4.00% |
| Singapore Equities | 4.00% |
| Swiss Equities | 3.00% |
| UK Equities | 19.00% |
| US Equities | 12.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Australia | 4.00% |
| Canada | 3.00% |
| France | 6.00% |
| Germany | 3.00% |
| Hong Kong | 13.00% |
| Japan | 12.00% |
| Money Market | 4.00% |
| Netherlands | 2.00% |
| New Zealand | 2.00% |
| Norway | 4.00% |
| Singapore | 4.00% |
| Switzerland | 3.00% |
| UK | 19.00% |
| USA | 12.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Communications | 20.00% |
| Consumer Discretionary | 8.00% |
| Consumer Staples | 4.00% |
| Energy | 15.00% |
| Financials | 6.00% |
| Health Care | 9.00% |
| Industrials | 3.00% |
| Information Technology | 12.00% |
| Materials | 15.00% |
| Money Market | 4.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| NEWMONT CORP | 7.00% |
| ROYAL DUTCH SHELL PLC | 5.00% |
| BP | 4.00% |
| CHINA MOBILE LTD | 4.00% |
| EQUINOR ASA | 4.00% |
| FUKUDA DENSHI CO | 4.00% |
| NEWCREST MINING | 4.00% |
| QUADIENT SAS | 4.00% |
| SINGAPORE TELECOMMUNICATIONS | 4.00% |
| TESCO | 4.00% |
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
