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F&C STEWARDSHIP GROWTH 1 - Fund overview

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Overview of F&C STEWARDSHIP GROWTH 1

This fund is managed to strict ethical guidelines with input from a large team whose purpose is to encourage companies to move towards good practice on social and environmental issues. The fund also benefits from strong stockpicking, with a bias to small and medium cap stocks. Investors should be aware, however, that the fund's first priority is responsibility to its ethical status.

Standard Initial Charge

5.00% 0.00%

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Fund summary

Sector  UK All Companies
Product type  OEIC
Launched  June, 1984
Size  £471m
Yield 2.2%
Charging basis  INCOME
Dividends paid  31/01, 31/7.
Bid price(inc) 632.90p
Bid price(acc) 733.50p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.59%
Reduction in yield (10yr) 1.59%

Bestinvest says


No information available.

Portfolio

f&c stewardship growth 1 asset allocation illustration
Allocation Proportion
Equity 93%
High yield bonds
Quality bonds 0%
Property 0%
Commodities
Hedge
Fund cash 7%
f&c stewardship growth 1 equity geographic illustration
Allocation Proportion
UK 99%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 1%
f&c stewardship growth 1 equity capitalisation illustration
Allocation Proportion
Large Caps 48%
Mid Caps 32%
Small Caps 20%

Investment process


The Stewardship fund invests in companies listed on the UK stockmarket whose products, services and operations are considered to be of long term benefit to communities both here and overseas.
The investment and ethical approach is autonomous. Thus F&C have a separate ethical committee. Its job is to screen for appropriate investments from an ethical point of view as well as actively engaging with companies regarding their environmental and social policies. It should be noted that the Stewardship family is relatively "dark green". Thus investments in companies involved with armaments, gambling, alcohol and tobacco industries are avoided as far as possible. As a consequence, the managers do not regard financial gain as the sole criterion for investment, but look to wider issues.
Stocks are selected on a bottom up basis. Companies must satisfy three criteria, above average growth rates, business momentum and consistency.

The value of your investments and the income from them can go down as well as up and you can get back less than you originally invested. Any yields quoted cannot be taken as a reliable indicator of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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