BMO Responsible UK Equity 1

Invests in UK companies whose products and operations are considered to be of long term benefit to the community at home and abroad.

  • 1189.00p Price (Inc)
  • 1535.00p Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.63% Ongoing charges
  • 1.40% Yield

Prices as at 09 December 2019, fund data last updated 27 June 2008

This fund aims to deliver long term capital growth and increasing income with the emphasis on growth through investment in a diversified portfolio of ethically screened UK companies.

Fund summary

Sector UK All Companies
Structure OEIC
Launched June, 1984
Size £452m
Yield 1.40%
Charging basis Income
Dividends paid 31 Jan, 31 Jul

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.63%

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Investment process

Manager research

Average monthly relative returns

  • 14/15 0.58%
  • 15/16 -0.18%
  • 16/17 0.40%
  • 17/18 0.96%
  • 18/19 -0.37%

Bestinvest MRI

  • 3 years 0.33%
  • 5 years 0.28%
  • Career 0.15%
  • 3 years 96.10%
  • 5 years 98.00%
  • Career 98.30%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Catherine Stanley

Stanley joined F&C in 2000 as a fund manager within the UK Smaller Companies team. Prior to joining F&C she spent nine years at Framlington, where she managed retail UK smaller company funds, including the Capital Trust. Stanley has an MA (Hons) in Geography from Oxford University, she is an associate of the UK Society of Investment Professionals and is a member of the CFA Society of the UK.

Track record

Catherine Stanley has 14.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.15%. During the worst period of relative performance (from July 2008 - March 2010) there was a decline of 19% relative to the index. The worst absolute loss has been 53%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 98%.

Periods of worst performance

Absolute -53.00% (May 2007 - February 2009)
Relative -19.00% (July 2008 - March 2010)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Top 10 holdings

Data accurate as at 30 August 2019

4.3% Hsbc Hldgs
4.2% Glaxosmithkline
4% Astrazeneca Plc
3.5% Unilever
3.4% Experian Plc
2.7% Compass Group
2.7% Rentokil Initial
2.3% Intermediate Capital Group
2% Jd Sports Fashion Plc
2% Vodafone Group
Source: Trustnet

Sector breakdown

Industrials 26.00%
Financials 19.00%
Consumer Services 16.00%
Health Care 15.00%
Consumer Goods 8.00%
Technology 6.00%
Money Market 3.00%
Telecommunications 3.00%
Basic Materials 2.00%
Utilities 1.00%

Portfolio

60-75 holdings representing high conviction long term ideas.

Constraints

Due to the ethical constraints there are large parts of the index that are excluded from investment. Min stock weight 0.75%, Max 10%. Tracking error range 3-9%.

Key Investor Information - Income

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Key Investor Information - Accumulation

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