Liontrust Global Equity C

  • 248.03p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 315.75p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.01%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 22 October 2021

This fund invests worldwide in a concentrated, unconstrained portfolio of predominantly large cap equities. The portfolio is constructed based on Neptune’s views on global sectors and on countries and regions, combined with bottom-up stock-picking. Performance has been strong but volatile, and the typically high weighting to emerging markets make this one of the riskier options in the sector.

Fund summary

Sector Global
Structure OEIC
Launched
Size £287m
Yield 0.00%
Charging basis Capital
Dividends paid 28 Feb, 31 Aug

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.01%

Allocation

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Investment process

The investment objective of Neptune Global Equity Fund is to generate capital growth from a concentrated portfolio of global equities. Neptune’s fund managers each also have analytical responsibility for a specific sector and research that sector on a global basis – this research includes how the sectors behave across the cycle and their current attractiveness. Neptune also undertake periodic reviews of countries and regions including their economies, markets and social and political state. The results of the geographic and sector research are combined to form indicative geographic sector weightings for the portfolio. Stocks are then selected, principally from the recommendations of the global sector analysts but also from internal screens, external research, company visits and newsflow.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

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

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

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.

Allocation

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Sector breakdown

Financials 20.00%
Information Technology 20.00%
Consumer Discretionary 18.00%
Communications 13.00%
Health Care 10.00%
Industrials 7.00%
Consumer Staples 4.00%
Real Estate 4.00%
Energy 2.00%
Utilities 1.00%

Portfolio

30-50 stocks - individual stock weights vary from 1-4%, depending on the degree of conviction. No currency hedging is undertaken. Emerging markets weighting is typically high.

Key Investor Information - Income

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Key Investor Information - Accumulation

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