Premier Miton Premier Miton US Opportunities Class B Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 51.4% | 13.6% | -9.2% | 28.0% | -5.4% |
| Sector | 42.4% | 16.1% | -4.0% | 25.1% | 2.2% |
| Rank | 90/208 | 128/217 | 173/232 | 107/240 | 225/244 |
| Quartile | 2 | 3 | 3 | 2 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | 3.2% | 13.6% | 11.7% | |
| Sector | 7.1% | 15.2% | 11.5% | |
| Rank | 196/233 | 154/208 | 65/131 | |
| Quartile | 4 | 3 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| RAYMOND JAMES FINANCIAL INC | 3.72 |
| LIVE NATION ENTERTAINMENT | 3.58 |
| GRAPHIC PACKAGING HLDG CO | 3.45 |
| CBRE GROUP INC | 3.44 |
| VISA | 3.30 |
| SERVICE CORPORATION INTERNATIONAL | 3.27 |
| MARRIOTT INTERNATIONAL | 3.19 |
| BEACON ROOFING SUPPLY | 3.17 |
| CHARLES SCHWAB CORPORATION (THE) | 3.03 |
| CBIZ INC | 2.97 |
| Total | 33.12 |
Fund Aims
To provide capital growth over the long-term being five years or more. Five years is also the minimum recommended period for holding shares in this fund. This does not mean that the fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The fund manager will invest at least 70% of the fund’s assets in shares in North American companies. The fund may also hold other investments which may include, government and corporate (company) bonds, convertible bonds (bonds that can convert into company shares), collective investment schemes and cash and cash-like investments. The fund may invest in derivatives and forward transactions (these are contracts whose value is based on the change in price of an underlying investment) for the purposes of efficient portfolio management, including hedging (hedging is designed to offset the risk of another investment falling in price). The fund is actively managed which means that the fund manager will manage and adapt the portfolio depending on their assessment of the broad economic environment and market conditions.
Fund Manager
Hugh Grieves joined Premier Miton in January 2013. Prior to this, he worked for Herald Investment where he was responsible for managing the Herald Worldwide Fund. From 2000-2008 he co-managed the technology funds at Societe Generale Asset Management Ltd and solely managed the funds from 2008-2009. Prior to that, Hugh worked in the US smaller companies team at Gartmore. Hugh graduated from Bristol University with a degree in Economics and is a CFA charterholder.
Alex Knox joined Premier Miton in August 2024 from Federated Hermes where she worked for 15 years as a manager of the US SMID Equity fund from August 2009 to July 2024. Prior to this she was a fund manager in the Aviva Investors UK Small and Mid-Cap team (2000-2005). Alex is a Chartered Accountant.
Fund Overview
| Mid (01/04/2025) | 427.50p |
| Historic yield | 0.07% |
| Fund size (31/12/2024) | £1752.44m |
| Number of holdings | 38 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.84% |
| Launch date | 18/03/2013 |
Asset Allocation
| International Equities | 94.89% | |
| Cash and Equivalents | 5.11% |
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
| International Equities | 94.89% | |
| Cash and Equivalents | 5.11% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 33.90% | - | - | - | |
| Industrial Goods & Services | - | 23.50% | - | - | |
| Industrial Support Services | - | - | 9.95% | - | |
| Transaction Processing Services | - | - | - | 5.63% | |
| Professional Business Support Services | - | - | - | 4.32% | |
| General Industrials | - | - | 5.87% | - | |
| Containers & Packaging | - | - | - | 3.45% | |
| Paints & Coatings | - | - | - | 2.41% | |
| Industrial Transportation | - | - | 4.84% | - | |
| Trucking | - | - | - | 2.56% | |
| Railroads | - | - | - | 2.28% | |
| Electronic & Electrical Equipment | - | - | 2.85% | - | |
| Electronic Equipment: Control & Filter | - | - | - | 2.85% | |
| Construction & Materials | - | 10.40% | - | - | |
| Construction & Materials | - | - | 10.40% | - | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 3.17% | |
| Engineering & Contracting Services | - | - | - | 2.71% | |
| Building Materials: Other | - | - | - | 2.35% | |
| Building: Climate Control | - | - | - | 2.16% | |
| Consumer Discretionary | 22.45% | - | - | - | |
| Travel & Leisure | - | 9.50% | - | - | |
| Travel & Leisure | - | - | 9.50% | - | |
| Recreational Services | - | - | - | 3.58% | |
| Hotels & Motels | - | - | - | 3.19% | |
| Restaurants & Bars | - | - | - | 2.73% | |
| Consumer Products & Services | - | 7.87% | - | - | |
| Consumer Services | - | - | 6.02% | - | |
| Funeral Parlors & Cemetery | - | - | - | 3.27% | |
| Consumer Services: Misc. | - | - | - | 2.75% | |
| Leisure Goods | - | - | 1.85% | - | |
| Recreational Products | - | - | - | 1.85% | |
| Retail | - | 5.08% | - | - | |
| Retailers | - | - | 5.08% | - | |
| Home Improvement Retailers | - | - | - | 5.08% | |
| Financials | 17.31% | - | - | - | |
| Financial Services | - | 9.05% | - | - | |
| Investment Banking & Brokerage Services | - | - | 6.74% | - | |
| Investment Services | - | - | - | 6.74% | |
| Finance & Credit Services | - | - | 2.31% | - | |
| Financial Data & Systems | - | - | - | 2.31% | |
| Insurance | - | 4.28% | - | - | |
| Non-life Insurance | - | - | 4.28% | - | |
| Insurance Brokers | - | - | - | 2.59% | |
| Property & Casualty Insurance | - | - | - | 1.70% | |
| Banks | - | 3.98% | - | - | |
| Banks | - | - | 3.98% | - | |
| Banks | - | - | - | 3.98% | |
| Health Care | 9.70% | - | - | - | |
| Health Care | - | 9.70% | - | - | |
| Health Care Providers | - | - | 5.47% | - | |
| Health Care Management Services | - | - | - | 2.31% | |
| Health Care Services | - | - | - | 2.07% | |
| Health Care Facilities | - | - | - | 1.09% | |
| Medical Equipment & Services | - | - | 2.15% | - | |
| Medical Equipment | - | - | - | 2.15% | |
| Pharmaceuticals & Biotechnology | - | - | 2.09% | - | |
| Biotechnology | - | - | - | 2.09% | |
| Technology | 5.75% | - | - | - | |
| Technology | - | 5.75% | - | - | |
| Software & Computer Services | - | - | 5.75% | - | |
| Software | - | - | - | 5.75% | |
| Cash and Equivalents | 5.11% | - | - | - | |
| Real Estate | 3.44% | - | - | - | |
| Real Estate | - | 3.44% | - | - | |
| Real Estate Investment & Services | - | - | 3.44% | - | |
| Real Estate Services | - | - | - | 3.44% | |
| Utilities | 2.34% | - | - | - | |
| Utilities | - | 2.34% | - | - | |
| Waste & Disposal Services | - | - | 2.34% | - | |
| Waste & Disposal Services | - | - | - | 2.34% | |
Regional Allocation
| North America | 92.75% | |
| Cash and Equivalents | 5.11% | |
| Developed Europe - Excl UK | 2.15% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 92.75% | - | |
United States
|
- | 88.32% | |
Canada
|
- | 4.42% | |
| Cash and Equivalents | 5.11% | - | |
| Developed Europe - Excl UK | 2.15% | - | |
Ireland
|
- | 2.15% | |
Breakdown By Market Cap (%)
| Mega |
|
16.77% |
| Large |
|
27.86% |
| Medium |
|
39.38% |
| Small |
|
4.32% |
| Non-Classified |
|
6.57% |
| Cash |
|
5.11% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | RAYMOND JAMES FINANCIAL INC | 3.72% | Investment Banking & Brokerage Services | United States |
| 2 | LIVE NATION ENTERTAINMENT | 3.58% | Travel & Leisure | United States |
| 3 | GRAPHIC PACKAGING HLDG CO | 3.45% | General Industrials | United States |
| 4 | CBRE GROUP INC | 3.44% | Real Estate Investment & Services | United States |
| 5 | VISA | 3.30% | Industrial Support Services | United States |
| 6 | SERVICE CORPORATION INTERNATIONAL | 3.27% | Consumer Services | United States |
| 7 | MARRIOTT INTERNATIONAL | 3.19% | Travel & Leisure | United States |
| 8 | BEACON ROOFING SUPPLY | 3.17% | Construction & Materials | United States |
| 9 | CHARLES SCHWAB CORPORATION (THE) | 3.03% | Investment Banking & Brokerage Services | United States |
| 10 | CBIZ INC | 2.97% | Industrial Support Services | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 5.75% | - | - | - | - | - | - | 5.75% |
| Financials | - | 17.31% | - | - | - | - | - | - | 17.31% |
| Real Estate | - | 3.44% | - | - | - | - | - | - | 3.44% |
| Consumer Discretionary | - | 22.45% | - | - | - | - | - | - | 22.45% |
| Utilities | - | 2.34% | - | - | - | - | - | - | 2.34% |
| Health Care | - | 9.70% | - | - | - | - | - | - | 9.70% |
| Industrials | - | 33.90% | - | - | - | - | - | - | 33.90% |
| Cash and Equivalents | - | - | - | - | - | - | - | 5.11% | 5.11% |
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 | B8278F5 |
| Mex Code | CGSETI |
| Isin Code | GB00B8278F56 |
| Citi Code | I0YV |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.84% |
Aims and Benchmark
| Aims | To provide capital growth over the long-term being five years or more. Five years is also the minimum recommended period for holding shares in this fund. This does not mean that the fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The fund manager will invest at least 70% of the fund’s assets in shares in North American companies. The fund may also hold other investments which may include, government and corporate (company) bonds, convertible bonds (bonds that can convert into company shares), collective investment schemes and cash and cash-like investments. The fund may invest in derivatives and forward transactions (these are contracts whose value is based on the change in price of an underlying investment) for the purposes of efficient portfolio management, including hedging (hedging is designed to offset the risk of another investment falling in price). The fund is actively managed which means that the fund manager will manage and adapt the portfolio depending on their assessment of the broad economic environment and market conditions. |
| Benchmark | IA North American Sector |
| Benchmark Category | Comparator |
| IA Sector | North America |
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 | No income |
| Distribution Payment Basis | Gross |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 December | 31 January |
| 01 March | 30 April |
| 01 June | 31 July |
| 01 September | 31 October |
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 | Northern Trust Investor Services Limited |
| Fund Administrator | Northern Trust Global Services SE |
| Fund Registrar | Northern Trust Global Services SE |
| Fund Custodian | The Northern Trust Company |
Group Details
| Group name | Premier Miton Investors |
| Group address | Eastgate Court High Street Guildford Surrey GU1 3DE |
| Group telephone | 0845 6056363 |
| Dealing telephone | - |
| sales@premierfunds.co.uk | |
| Homepage | www.premiermiton.com |
| Fax number | 01483 300845 |
Dealing
| Minimum Investment | £1000 |
| Minimum Top Up | £1000 |
| Minimum Regular Saving | £50 |
| 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 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.