Premier Miton Global Sustainable Growth C

Global equity fund targeting inflation plus return.

  • 261.02p
    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.

  • 285.94p
    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).

  • 1.14%
    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.

  • 0.40%
    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 26 February 2021

Fund summary

Sector Global
Structure OEIC
Launched February, 2011
Size £112m
Yield 0.40%
Charging basis
Dividends paid 31 Jan, 30 Sep

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.14%

Allocation

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Investment process

The Fund aims to achieve a total return in excess of inflation with a lower risk profile than that of the global equity market. The Fund will invest in a core portfolio of high quality global equities but has the latitude to use other instruments when equities are perceived to offer poor absolute value. Cash balances will be actively utilised in the portfolio according to market conditions. Exchange traded derivatives will be used primarily as a means to reduce risk in the portfolio. The portfolio will be exposed to a number of currencies outside the base currency although the manager will regularly use forward exchange contracts for hedging.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 1.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.81%
  • 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.

Duncan Goodwin

Track record

The track record of Duncan Goodwin 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 -14.00% (January 2020 - March 2020)
Relative -2.00% (January 2020 - January 2020)

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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Top 10 holdings

Data accurate as at 31 July 2020

4.1802% Microsoft Corp
2.8832% Linde Plc
2.759% Taiwan Semiconductor Manufacturing
2.7503% Vestas Wind Systems
2.6983% Visa Inc
2.546% Icon Plc
2.4226% Abbvie Inc
2.3871% Aon Plc
2.3797% Kla Corp
2.3385% Stryker Corp
Source: Trustnet

Sector breakdown

Health Care 18.00%
Technology 17.00%
Industrials 16.00%
Financials 14.00%
Basic Materials 10.00%
Consumer Goods 9.00%
Oil & Gas 8.00%
Consumer Services 6.00%
Utilities 1.00%
Money Market 1.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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