Liontrust European Absolute Return
Latest (Mid) Price:
GBX 87.38
Day Change:
+0.07%
| Shares Class | Inc. |
|---|---|
| Yield | 0.00 |
| Total Expense Ratio | 4.50 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 2,420,000.00 | Launch Date | 08/07/2009 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.75 |
| Sector | IMA UK Equity Income | Min Investment (£) | 5,000,000.00 | Total Expense Ratio (%) | 4.50 |
| ISIN | GB00B5667C70 | Min Topup (£) | 100,000.00 | Ongoing Charge (%) | 1.1800 (on 30/09/2012) |
Fund Objective
The investment objective of Liontrust European Absolute Return Fund is to achieve a positive absolute return for investors through a portfolio of investments primarily in equities and equity-related securities (including derivatives for investment purposes) of European companies. It is expected that a positive absolute return is capable of being generated under all market conditions over a three year period. The Fund will not be benchmarked against any European equity index.
Fund Managers
James Inglis-Jones
James graduated in 1990 with a First Class Honours Degree in Modern History from York University. He went on to gain a D.Phil in Modern History from Christ Church, Oxford.James joined Fleming Investment Management in 1997, assuming responsibility for the management of UK equity portfolios in 1999. Between 1999 and 2002 he worked closely with Gary West on JP Morgan Fleming’s institutional investment process and managed a wide range of retail and institutional funds as a senior portfolio manager within their European equity group. James joined Liontrust in 2006 to develop and manage a European equity investment process - the Cashflow Solution.
Asset Breakdown
Region Breakdown
| Name | Weight |
|---|---|
| Belgium | 5.09% |
| Finland | 1.97% |
| France | 0.00% |
| Germany | 0.00% |
| Ireland | 1.66% |
| Italy | 0.00% |
| Norway | 2.42% |
| Portugal | 0.00% |
| Spain | 0.00% |
| Sweden | 0.87% |
| Switzerland | 2.97% |
| UK | 25.57% |
Sector Breakdown
| Name | Weight |
|---|---|
| Basic Materials | 4.44% |
| Consumer Goods | 3.12% |
| Consumer Services | 27.95% |
| Financials | 0.00% |
| Health Care | 2.78% |
| Industrials | 0.00% |
| Oil & Gas | 0.00% |
| Technology | 0.00% |
| Telecommunications | 0.00% |
| Utilities | 0.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| PHOENIX GROUP HLDGS | 7.80% |
| PAYPOINT | 7.50% |
| ROCHE HLDG AG | 7.20% |
| DELHAIZE FRERES ET CIE(LE LION | 6.40% |
| ITV | 5.20% |
| UPM-KYMMENE OYJ | 4.70% |
| EASYJET | 4.50% |
| NEXT | 4.50% |
| VIVENDI | 4.30% |
| VESUVIUS INDIA | 4.10% |
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
