Scottish Widows American Growth A

The fund invests in a wide portfolio of North American shares.

  • 1834.00p Price (Inc)
  • - Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.61% Ongoing charges
  • 0.20% Yield

Prices as at 09 December 2019

The objective of this fund is to achieve long-term capital growth by investing in a wide portfolio of mainly North American company shares. The Fund invests in a diversified portfolio of predominantly North American equities which may also include preference shares, convertible securities, American depository receipts, other equity backed depository receipts and warrants.

Fund summary

Sector North America
Structure OEIC
Launched November, 1979
Size £1m
Yield 0.20%
Charging basis
Dividends paid Acc units only

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 1.61%

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Investment process

The fund's objective is to give long-term capital growth by investing in a wide portfolio of mainly North American company shares.

Manager research

Average monthly relative returns

  • 14/15 -0.33%
  • 15/16 -0.02%
  • 16/17 -0.16%
  • 17/18 -0.11%
  • 18/19 -0.25%

Bestinvest MRI

  • 3 years -0.17%
  • 5 years -0.18%
  • Career -0.18%
  • 3 years 28.10%
  • 5 years 33.40%
  • Career 30.20%

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

Scottish Widows Quantitative Investment Group

Track record

Scottish Widows Quantitative Investment Group has 7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.18%. During the worst period of relative performance (from October 2012 - August 2019) there was a decline of 16% relative to the index. The worst absolute loss has been 13%.

Periods of worst performance

Absolute -13.00% (August 2018 - December 2018)
Relative -16.00% (October 2012 - August 2019)

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 28 June 2019

4.03% Apple Inc
3.74% Microsoft Corp
3.26% Amazon.com Inc
2.24% Visa Inc
1.83% Johnson & Johnson
1.66% Cme S&P 500 Emini Sep19 Future (Exp 20/09/19)
1.57% Facebook Inc
1.49% Starbucks Corp
1.44% Alphabet Inc
1.43% Cisco Systems Inc
Source: Trustnet

Sector breakdown

Technology 24.00%
Financials 19.00%
Consumer Services 15.00%
Industrials 12.00%
Health Care 12.00%
Consumer Goods 5.00%
Utilities 4.00%
Oil & Gas 4.00%
Basic Materials 2.00%
Money Market 1.00%

Key Investor Information

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