Aegon AM UK Equity Class B Pound Sterling Income Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/12/19 to 31/12/20 |
31/12/20 to 31/12/21 |
31/12/21 to 31/12/22 |
31/12/22 to 31/12/23 |
31/12/23 to 31/12/24 |
|
|---|---|---|---|---|---|
| Fund | -2.5% | 16.5% | -11.6% | 3.6% | 8.2% |
| Sector | -6.0% | 17.2% | -9.1% | 7.4% | 7.9% |
| Rank | 55/209 | 129/214 | 138/219 | 190/222 | 115/225 |
| Quartile | 2 | 3 | 3 | 4 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/12/24 |
5 Years to 31/12/24 |
10 Years to 31/12/24 |
||
| Fund | -0.3% | 2.4% | 4.5% | |
| Sector | 1.8% | 3.0% | 5.3% | |
| Rank | 146/219 | 138/209 | 146/179 | |
| Quartile | 3 | 3 | 4 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASTRAZENECA | 8.66 |
| UNILEVER | 7.55 |
| SHELL | 6.17 |
| HSBC HOLDINGS | 3.41 |
| ASHTEAD GROUP | 3.30 |
| LONDON STOCK EXCHANGE GROUP | 3.15 |
| BAE SYSTEMS | 3.08 |
| ROYAL BANK OF SCOTLAND GROUP | 3.02 |
| BARCLAYS | 2.94 |
| TESCO | 2.87 |
| Total | 44.16 |
Fund Aims
The investment objective is to provide a combination of income and capital growth over any 7 year period.
Fund Manager
Philip Haworth is Deputy Head of Equities. In addition he is co-manager of the Kames UK Equity Fund, Kames UK Opportunities Fund and has responsibility for managing several other UK equity portfolios. Phil has analysis duties for the oil & gas and food producers sectors. In addition Phil leads the collective process of formulating our UK equity strategy views and contributes to Kames Asset Allocation research. He joined us in 1995 straight from Oxford University, where he studied Politics, Philosophy and Economics. Philip also has the SII Diploma.
Stephen Adams is Head of Equities, and is a member of the Kames Strategic Executive Committee and Asset Allocation group. In addition, Stephen has responsibility for managing the flagship Kames UK Equity Fund. He joined us in 2000 from Abbey National Asset Managers, where he managed retail and institutional portfolios. Stephen studied Law at the University of Edinburgh, and is a qualified solicitor.
Fund Overview
| Mid (21/01/2025) | 1529.14p |
| Historic yield | 3.01% |
| Fund size (31/10/2024) | £164.95m |
| Number of holdings | 51 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.65% |
| Launch date | 01/06/1987 |
Asset Allocation
| UK Equities | 92.50% | |
| International Equities | 4.16% | |
| Property | 2.32% | |
| Cash and Equivalents | 1.04% | |
| Alternative Trading Strategies | -0.02% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Equities | 92.50% | |
| International Equities | 4.16% | |
| Property | 2.32% | |
| Cash and Equivalents | 1.04% | |
| Alternative Trading Strategies | -0.02% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 22.41% | - | - | - | |
| Industrial Goods & Services | - | 19.01% | - | - | |
| Industrial Support Services | - | - | 6.74% | - | |
| Professional Business Support Services | - | - | - | 3.79% | |
| Industrial Suppliers | - | - | - | 2.33% | |
| Business Training & Employment Agencies | - | - | - | 0.62% | |
| Aerospace & Defence | - | - | 5.91% | - | |
| Defense | - | - | - | 5.91% | |
| Industrial Transportation | - | - | 4.21% | - | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 3.30% | |
| Marine Transportation | - | - | - | 0.90% | |
| General Industrials | - | - | 1.78% | - | |
| Containers & Packaging | - | - | - | 1.78% | |
| Electronic & Electrical Equipment | - | - | 0.37% | - | |
| Electrical Components | - | - | - | 0.37% | |
| Construction & Materials | - | 3.40% | - | - | |
| Construction & Materials | - | - | 3.40% | - | |
| Construction | - | - | - | 2.10% | |
| Building Materials: Other | - | - | - | 1.30% | |
| Financials | 20.46% | - | - | - | |
| Banks | - | 9.37% | - | - | |
| Banks | - | - | 9.37% | - | |
| Banks | - | - | - | 9.37% | |
| Financial Services | - | 6.61% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.46% | - | |
| Asset Managers & Custodians | - | - | - | 3.46% | |
| Finance & Credit Services | - | - | 3.15% | - | |
| Financial Data & Systems | - | - | - | 3.15% | |
| Insurance | - | 4.47% | - | - | |
| Life Insurance | - | - | 3.50% | - | |
| Life Insurance | - | - | - | 3.50% | |
| Non-life Insurance | - | - | 0.97% | - | |
| Reinsurance | - | - | - | 0.97% | |
| Consumer Staples | 14.28% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 13.30% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 13.30% | - | |
| Personal Products | - | - | - | 7.55% | |
| Food Retailers & Wholesalers | - | - | - | 4.30% | |
| Nondurable Household Products | - | - | - | 1.45% | |
| Food, Beverage & Tobacco | - | 0.98% | - | - | |
| Food Producers | - | - | 0.98% | - | |
| Food Products | - | - | - | 0.98% | |
| Health Care | 10.72% | - | - | - | |
| Health Care | - | 10.72% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 10.72% | - | |
| Pharmaceuticals | - | - | - | 10.72% | |
| Basic Materials | 8.89% | - | - | - | |
| Basic Resources | - | 8.58% | - | - | |
| Industrial Metals & Mining | - | - | 8.58% | - | |
| General Mining | - | - | - | 7.40% | |
| Metal Fabricating | - | - | - | 1.19% | |
| Chemicals | - | 0.31% | - | - | |
| Chemicals | - | - | 0.31% | - | |
| Chemicals: Diversified | - | - | - | 0.31% | |
| Consumer Discretionary | 8.60% | - | - | - | |
| Consumer Products & Services | - | 2.96% | - | - | |
| Household Goods & Home Construction | - | - | 2.21% | - | |
| Home Construction | - | - | - | 2.21% | |
| Personal Goods | - | - | 0.74% | - | |
| Luxury Items | - | - | - | 0.74% | |
| Media | - | 2.23% | - | - | |
| Media | - | - | 2.23% | - | |
| Publishing | - | - | - | 2.23% | |
| Retail | - | 2.18% | - | - | |
| Retailers | - | - | 2.18% | - | |
| Home Improvement Retailers | - | - | - | 2.18% | |
| Travel & Leisure | - | 1.23% | - | - | |
| Travel & Leisure | - | - | 1.23% | - | |
| Hotels & Motels | - | - | - | 1.23% | |
| Energy | 8.39% | - | - | - | |
| Energy | - | 8.39% | - | - | |
| Non-Renewable Energy | - | - | 8.39% | - | |
| Integrated Oil & Gas | - | - | - | 8.39% | |
| Real Estate | 2.32% | - | - | - | |
| Real Estate | - | 2.32% | - | - | |
| Real Estate Investment Trusts | - | - | 2.32% | - | |
| Diversified REITs | - | - | - | 1.36% | |
| Industrial REITs | - | - | - | 0.96% | |
| Technology | 1.69% | - | - | - | |
| Technology | - | 1.69% | - | - | |
| Software & Computer Services | - | - | 1.69% | - | |
| Computer Services | - | - | - | 0.60% | |
| Consumer Digital Services | - | - | - | 0.58% | |
| Software | - | - | - | 0.52% | |
| Utilities | 1.21% | - | - | - | |
| Utilities | - | 1.21% | - | - | |
| Gas, Water & Multi-utilities | - | - | 1.21% | - | |
| Multi-Utilities | - | - | - | 1.21% | |
| Cash and Equivalents | 1.04% | - | - | - | |
| Alternative Trading Strategies | -0.02% | - | - | - | |
| Alternative Trading Strategies | - | -0.02% | - | - | |
| Alternative Trading Strategies | - | - | -0.02% | - | |
| Alternative Trading Strategies | - | - | - | -0.02% | |
Regional Allocation
| UK | 92.50% | |
| North America | 2.37% | |
| Property | 2.32% | |
| Developed Europe - Excl UK | 1.78% | |
| Cash and Equivalents | 1.04% | |
| Non-Classified | -0.02% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 98.84% | |
| Pound Sterling | 1.16% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 92.50% | - | |
United Kingdom
|
- | 92.50% | |
| North America | 2.37% | - | |
United States
|
- | 1.40% | |
Bermuda
|
- | 0.97% | |
| Property | 2.32% | - | |
| Developed Europe - Excl UK | 1.78% | - | |
Ireland
|
- | 1.78% | |
| Cash and Equivalents | 1.04% | - | |
| Non-Classified | -0.02% | - | |
Breakdown By Market Cap (%)
| Mega |
|
52.33% |
| Large |
|
2.88% |
| Medium |
|
15.42% |
| Small |
|
4.15% |
| Micro |
|
0.31% |
| Non-Classified |
|
23.88% |
| Cash |
|
1.04% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASTRAZENECA | 8.66% | Pharmaceuticals & Biotechnology | United Kingdom |
| 2 | UNILEVER | 7.55% | Personal Care, Drug & Grocery Stores | United Kingdom |
| 3 | SHELL | 6.17% | Non-Renewable Energy | United Kingdom |
| 4 | HSBC HOLDINGS | 3.41% | Banks | United Kingdom |
| 5 | ASHTEAD GROUP | 3.30% | Industrial Transportation | United Kingdom |
| 6 | LONDON STOCK EXCHANGE GROUP | 3.15% | Finance & Credit Services | United Kingdom |
| 7 | BAE SYSTEMS | 3.08% | Aerospace & Defence | United Kingdom |
| 8 | ROYAL BANK OF SCOTLAND GROUP | 3.02% | Banks | United Kingdom |
| 9 | BARCLAYS | 2.94% | Banks | United Kingdom |
| 10 | TESCO | 2.87% | Personal Care, Drug & Grocery Stores | United Kingdom |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | 1.69% | - | - | - | - | - | - | - | 1.69% |
| Financials | 19.48% | 0.97% | - | - | - | - | - | - | 20.46% |
| Real Estate | - | - | - | - | - | 2.32% | - | - | 2.32% |
| Consumer Discretionary | 8.60% | - | - | - | - | - | - | - | 8.60% |
| Consumer Staples | 14.28% | - | - | - | - | - | - | - | 14.28% |
| Energy | 8.39% | - | - | - | - | - | - | - | 8.39% |
| Utilities | 1.21% | - | - | - | - | - | - | - | 1.21% |
| Health Care | 10.72% | - | - | - | - | - | - | - | 10.72% |
| Industrials | 19.23% | 3.18% | - | - | - | - | - | - | 22.41% |
| Basic Materials | 8.89% | - | - | - | - | - | - | - | 8.89% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.04% | 1.04% |
| Non-Classified | - | - | - | - | - | - | -0.02% | - | -0.02% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | 3052268 |
| Mex Code | SEEGTB |
| Isin Code | GB0030522683 |
| Citi Code | BX25 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.65% |
Aims and Benchmark
| Aims | The investment objective is to provide a combination of income and capital growth over any 7 year period. |
| Benchmark | Investment Association UK All Companies sector |
| Benchmark Category | Comparator |
| IA Sector | UK All Companies |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 August | 30 November |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Citibank |
| Fund Administrator | Citibank |
| Fund Registrar | Northern Trust Global Services Limited |
| Fund Custodian | Citibank |
Group Details
| Group name | Aegon Asset Management |
| Group address | 3 Lochside Avenue Edinburgh Park EDINBURGH EH12 9SA |
| Group telephone | 0800 45 44 22 |
| Dealing telephone | 0800 169 5186 |
| info@kamescapital.com | |
| Homepage | www.aegonam.com |
| Fax number | - |
Dealing
| Minimum Investment | £2000000 |
| Minimum Top Up | £1000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 4 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -2.08 |
| Beta | 0.93 |
| Sharpe | 0.00 |
| Standard Deviation | 11.44 |
| Info Ratio | -0.73 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | No |
| Higher Risk | Yes |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Higher Risk
This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features and brochure.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
'Prudential' is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.