Premier Ethical A

Multi-cap UK Ethical fund

  • 323.22p Price (Inc)
  • 370.81p Price (Acc)
  • 4.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.67% Ongoing charges
  • 0.90% Yield

Prices as at 06 December 2019, fund data last updated 21 August 2003

The objective of the fund is to achieve long-term capital growth by investing in UK companies whose business is based on ethical principles. The fund looks to avoid investing in companies with products or services that may have negative social or environmental effects. The fund's ethical policies are overseen by an independent committee, who also monitor the fund manager to ensure the policy is adhered to.

Fund summary

Sector UK All Companies
Structure OEIC
Launched April, 2010
Size £148m
Yield 0.90%
Charging basis Income
Dividends paid 30 Apr, 31 Oct

Charges

Standard initial charge 4.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.67%

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Investment process

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 -0.17%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.21%
  • 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.

Jon Hudson / Benji Dawes

Jon Hudson joined Premier in 2007 and has worked as an investment manager and analyst in the UK equity team since 2013. Benji Dawes has worked in Premier’s UK equity team as an investment manager and analyst since he joined Premier in 2014.

Track record

The track record of Jon Hudson / Benji Dawes in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute -15.00% (September 2018 - December 2018)
Relative -5.00% (September 2018 - December 2018)

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

4.3492% Spirent Communications
4.265% Glaxosmithkline
3.839% Unilever
3.6104% Gym Group Plc
3.3521% Legal & General Group
3.2416% Just Eat Plc
3.2363% Prudential Plc
3.1904% Moneysupermarket.com Group Plc
3.1406% Boohoo Group Plc
3.1196% Sirius Real Estate Ltd
Source: Trustnet

Sector breakdown

Financials 26.00%
Consumer Services 23.00%
Consumer Goods 17.00%
Technology 12.00%
Health Care 10.00%
Industrials 9.00%
Money Market 2.00%

Constraints

No formal stock or sector constraints, though the typical maximum active weight per stock is 4%.

Key Investor Information - Income

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Key Investor Information - Accumulation

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