Royal London UK Growth Trust A

Targets capital growth from investment in UK equities.

  • 587.80p Price (Inc)
  • - Price (Acc)
  • 5.00% 1.76% Initial charge
  • 1.50% Annual management charge
  • 1.53% Ongoing charges
  • 2.00% Yield

Prices as at 06 December 2019, fund data last updated 24 February 2009

Fund summary

Sector UK All Companies
Structure UNIT TRUST
Launched September, 1989
Size £1,112m
Yield 2.00%
Charging basis
Dividends paid 31 Mar, 30 Sep

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 1.76%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.53%

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Investment process

Manager research

Average monthly relative returns

  • 14/15 -0.25%
  • 15/16 -0.26%
  • 16/17 0.11%
  • 17/18 0.18%
  • 18/19 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -0.03%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 76.40%

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

Andrew Moffat

Andrew Moffat currently manages the UK Growth Trust, having previously managed the UK Income with Growth Trust for 11 years. He previously worked for Equitable Life as UK Fund Manager and trained as an Investment Analyst with Confederation Life in the City. Moffat qualified as an Associate Member of the Society of Investment Analysts in 1990 and is an ongoing Associate of the CFA, UK. He has a BA in Economics and an MA in Finance & Investment.

Track record

Andrew Moffat has 12 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.03%. During the worst period of relative performance (from January 1999 - February 2000) there was a decline of 21% relative to the index. The worst absolute loss has been 35%.

Periods of worst performance

Absolute -35.00% (April 1999 - January 2003)
Relative -21.00% (January 1999 - February 2000)

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

5.1714% Diageo
4.4216% Royal Dutch Shell
4.0852% Relx Nv
4.0448% Unilever
3.3825% Experian Group Cfd Cs Gbp
3.3293% Smith & Nephew
3.0861% Rentokil Initial
2.9618% Bp
2.8453% Astrazeneca Plc
2.8417%3 i Group Plc
Source: Trustnet

Sector breakdown

Industrials 24.00%
Financials 19.00%
Consumer Goods 13.00%
Consumer Services 13.00%
Health Care 10.00%
Basic Materials 9.00%
Oil & Gas 8.00%
Technology 4.00%

Key Investor Information

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