The Fund aims to grow your investment over the long term (5 years or more) by investing in shares of UK companies.
At least 80% of the Fund will be invested in shares of UK companies, and non-UK companies which are listed in the UK or which have significant trading activities in the UK.
The Fund may also invest in shares of unlisted companies, other funds, cash and deposits.
Fund Manager
Henry Flockhartmanager
for
6 years
Joined investment industry: 2011
Joined Aviva Investors: 2018
Main responsibilities
Henry is a portfolio manager on our UK equity team.
Experience and qualifications
Prior to joining Aviva Investors, Henry was a fund manager in UK equities at Standard Life Investments focussing on UK High Alpha.
Adam holds a BSc (Hons) in Genetics (Biological Sciences) from the University of Edinburgh.
Fund Overview
Mid (30/08/2024)
452.61p
Historic yield
2.20%
Fund size (31/07/2024)
£199.24m
Number of holdings
49
Entry Charge
0.00%
Ongoing Charges
0.82%
Launch date
13/11/1998
Asset Allocation
UK Equities
91.40%
Property
2.31%
International Equities
1.94%
Cash and Equivalents
1.01%
Other Assets
3.35%
Commentary
UK equities recorded their largest monthly decline since August 2015 during February, largely in response to the sell off in global equity markets with volatility rising sharply. In local currency terms, UK equities fell broadly in line with other major markets. The fund’s benchmark, the FTSE All Share index, fell by 3.3% during the month. From a sector perspective, defensive areas of the market fell the most with household goods, telecoms and utilities all sharply lower. Construction, real estate and energy stocks also underperformed. The best performing sector was media, while autos also gained significant ground. Amongst financials, the fund’s holding in Intermediate Capital, which has performed well in recent months, declined on profit taking. In the technology sector, the fund’s long term holding in accounting software group Sage underperformed. The company recently reported quarterly revenues were held back by its underperforming French business and significant investment in sales training. However, management maintained full year earnings guidance and forecast an acceleration in revenue growth. Amongst industrials, Melrose Industries was a key contributor. The turnaround specialist launched a hostile takeover bid in January for auto and aerospace component supplier GKN. Amongst consumer stocks, our holding in catering group Compass rebounded on the back of strong start to its financial year and an upgrade to its annual revenue growth forecasts.
Portfolio data accurate as at: 31/07/24
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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Portfolio data accurate as at:
Asset Allocation
UK Equities
91.40%
Property
2.31%
International Equities
1.94%
Cash and Equivalents
1.01%
Other Assets
3.35%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Industrials
21.39%
-
-
-
Industrial Goods & Services
-
21.39%
-
-
Aerospace & Defence
-
-
11.80%
-
Defense
-
-
-
10.12%
Aerospace
-
-
-
1.68%
Industrial Transportation
-
-
2.75%
-
Commercial Vehicle-Equipment Leasing
-
-
-
2.75%
Electronic & Electrical Equipment
-
-
2.53%
-
Electronic Equipment: Gauges & Meters
-
-
-
2.53%
Industrial Support Services
-
-
2.36%
-
Professional Business Support Services
-
-
-
2.36%
Industrial Engineering
-
-
1.95%
-
Machinery: Construction & Handling
-
-
-
1.95%
Consumer Staples
20.23%
-
-
-
Personal Care, Drug & Grocery Stores
-
12.87%
-
-
Personal Care, Drug & Grocery Stores
-
-
12.87%
-
Personal Products
-
-
-
6.48%
Food Retailers & Wholesalers
-
-
-
3.32%
Nondurable Household Products
-
-
-
3.07%
Food, Beverage & Tobacco
-
7.36%
-
-
Beverages
-
-
3.77%
-
Soft Drinks
-
-
-
1.94%
Distillers & Vintners
-
-
-
1.83%
Food Producers
-
-
3.59%
-
Food Products
-
-
-
3.59%
Consumer Discretionary
18.06%
-
-
-
Media
-
7.47%
-
-
Media
-
-
7.47%
-
Media Agencies
-
-
-
3.84%
Publishing
-
-
-
3.63%
Retail
-
4.75%
-
-
Retailers
-
-
4.75%
-
Home Improvement Retailers
-
-
-
2.52%
Specialty Retailers
-
-
-
2.23%
Consumer Products & Services
-
4.66%
-
-
Consumer Services
-
-
3.80%
-
Vending & Catering Service
-
-
-
3.80%
Personal Goods
-
-
0.87%
-
Clothing & Accessories
-
-
-
0.87%
Travel & Leisure
-
1.18%
-
-
Travel & Leisure
-
-
1.18%
-
Hotels & Motels
-
-
-
1.18%
Financials
10.54%
-
-
-
Financial Services
-
8.03%
-
-
Investment Banking & Brokerage Services
-
-
5.17%
-
Asset Managers & Custodians
-
-
-
5.17%
Finance & Credit Services
-
-
2.87%
-
Financial Data & Systems
-
-
-
2.87%
Banks
-
2.51%
-
-
Banks
-
-
2.51%
-
Banks
-
-
-
2.51%
Technology
6.12%
-
-
-
Technology
-
6.12%
-
-
Software & Computer Services
-
-
6.12%
-
Software
-
-
-
4.64%
Computer Services
-
-
-
1.48%
Health Care
5.22%
-
-
-
Health Care
-
5.22%
-
-
Pharmaceuticals & Biotechnology
-
-
4.14%
-
Pharmaceuticals
-
-
-
4.14%
Medical Equipment & Services
-
-
1.08%
-
Medical Supplies
-
-
-
1.08%
Energy
5.05%
-
-
-
Energy
-
5.05%
-
-
Non-Renewable Energy
-
-
5.05%
-
Integrated Oil & Gas
-
-
-
5.05%
Real Estate
4.61%
-
-
-
Real Estate
-
4.61%
-
-
Real Estate Investment Trusts
-
-
2.31%
-
Diversified REITs
-
-
-
2.31%
Real Estate Investment & Services
-
-
2.30%
-
Real Estate Services
-
-
-
2.30%
Non-Classified
3.35%
-
-
-
Utilities
2.96%
-
-
-
Utilities
-
2.96%
-
-
Gas, Water & Multi-utilities
-
-
2.96%
-
Multi-Utilities
-
-
-
2.96%
Basic Materials
1.48%
-
-
-
Basic Resources
-
1.48%
-
-
Industrial Metals & Mining
-
-
1.48%
-
Copper
-
-
-
1.48%
Cash and Equivalents
1.01%
-
-
-
Regional Allocation
UK
91.40%
Non-Classified
3.35%
Property
2.31%
Developed Europe - Excl UK
1.94%
Cash and Equivalents
1.01%
Regional Breakdown
Expand allCollapse all
Region
Country
UK
91.40%
-
United Kingdom
-
91.40%
Non-Classified
3.35%
-
Property
2.31%
-
Developed Europe - Excl UK
1.94%
-
Switzerland
-
1.94%
Cash and Equivalents
1.01%
-
Breakdown By Market Cap (%)
Mega
40.94%
Large
21.45%
Medium
21.41%
Small
5.10%
Non-Classified
10.09%
Cash
1.01%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
UNILEVER
6.48%
Personal Care, Drug & Grocery Stores
United Kingdom
2
SHELL
5.05%
Non-Renewable Energy
United Kingdom
3
SAGE GROUP
4.64%
Software & Computer Services
United Kingdom
4
INTERMEDIATE CAPITAL GROUP
4.38%
Investment Banking & Brokerage Services
United Kingdom
5
GSK
4.14%
Pharmaceuticals & Biotechnology
United Kingdom
6
COMPASS GROUP
3.80%
Consumer Services
United Kingdom
7
RELX
3.63%
Media
United Kingdom
8
BAE SYSTEMS
3.59%
Aerospace & Defence
United Kingdom
9
TESCO
3.32%
Personal Care, Drug & Grocery Stores
United Kingdom
10
RECKITT BENCKISER GROUP
3.07%
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
6.12%
-
-
-
-
-
1.56%
-
7.67%
Financials
10.54%
-
-
-
-
-
-
-
10.54%
Real Estate
2.30%
-
-
-
-
2.31%
-
-
4.61%
Consumer Discretionary
18.06%
-
-
-
-
-
1.79%
-
19.85%
Consumer Staples
18.29%
1.94%
-
-
-
-
-
-
20.23%
Energy
5.05%
-
-
-
-
-
-
-
5.05%
Utilities
2.96%
-
-
-
-
-
-
-
2.96%
Health Care
5.22%
-
-
-
-
-
-
-
5.22%
Industrials
21.39%
-
-
-
-
-
-
-
21.39%
Basic Materials
1.48%
-
-
-
-
-
-
-
1.48%
Cash and Equivalents
-
-
-
-
-
-
-
1.01%
1.01%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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
0446035
Mex Code
NUUE1
Isin Code
GB0004460357
Citi Code
NA54
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.82%
Aims and Benchmark
Aims
The Fund aims to grow your investment over the long term (5 years or more) by investing in shares of UK companies.
At least 80% of the Fund will be invested in shares of UK companies, and non-UK companies which are listed in the UK or which have significant trading activities in the UK.
The Fund may also invest in shares of unlisted companies, other funds, cash and deposits.
Benchmark
FTSE® All Share
Benchmark Category
-
IA Sector
UK All Companies
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£0.50
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Biannually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
16 April
15 June
16 October
15 December
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
IFDS
Fund Registrar
IFDS
Fund Custodian
Citibank
Group Details
Group name
Aviva Investors UK Fund Services Limited
Group address
St Helen's
1 Undershaft
London
EC3P 3DQ
Group telephone
0800 015 4773
Dealing telephone
0800 587 4563
Email
fund&salessupport@avivainvestors.com
Homepage
www.avivainvestors.co.uk
Fax number
-
Dealing
Minimum Investment
£500000
Minimum Top Up
£25000
Minimum Regular Saving
-
Settlement Period: Buy
4 days
Settlement Period: Sell
4 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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 investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.