Scottish Widows Global Growth B

Invests in equities worldwide including in the UK

  • 183.40p
    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.

  • -
    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!

  • 1.25%
    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).

  • 1.37%
    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.

  • 1.10%
    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 21 September 2020, fund data last updated 08 July 2003

The objective of this fund is to provide long term capital growth through investment in a broad portfolio of primary equities worldwide, including the UK.

Fund summary

Sector Global
Structure OEIC
Launched November, 1994
Size £850m
Yield 1.10%
Charging basis
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.25%
Ongoing charges figure 1.37%

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Investment process

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -0.26%
  • 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.

Ashley Lester

Track record

The track record of Ashley Lester 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 -18.00% (December 2019 - March 2020)
Relative -3.00% (November 2019 - July 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 30 June 2020

7.99% Scottish Widows Unit Trust Managers Emerging Markets Cls X Acc Nav
4.39% Apple Inc
4.13% Microsoft Corp
3.21% Amazon.com Inc
2.77% Alphabet Inc
2.07% Facebook Inc
1.72% Johnson & Johnson
1.57% Procter & Gamble Co
1.51% Home Depot Inc
1.42% Roche Hldg Ag
Source: Trustnet

Sector breakdown

Information Technology 22.00%
Health Care 15.00%
Consumer Discretionary 11.00%
Financials 10.00%
Industrials 8.00%
Others 8.00%
Communications 8.00%
Consumer Staples 7.00%
Materials 5.00%
Utilities 3.00%

Key Investor Information

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