Aviva Investors UK Funds UK Listed Equity Income Class 2 Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/06/19
to
30/06/20		 30/06/20
to
30/06/21		 30/06/21
to
30/06/22		 30/06/22
to
30/06/23		 30/06/23
to
30/06/24
Fund -11.1% 23.5% -3.0% 4.5% 14.2%
Sector -13.6% 25.4% -0.3% 4.3% 14.5%
Rank 26/73 42/73 55/75 43/76 44/76
Quartile 2 3 3 3 3

Annualised performance

Annualised
3 Years to
30/06/24		 5 Years to
30/06/24		 10 Years to
30/06/24
Fund 5.0% 4.9% 5.8%
Sector 6.0% 5.2% 5.3%
Rank 51/75 47/73 21/63
Quartile 3 3 2

Top 10 Holdings

Stock % Weight
SHELL 7.83
NATIONAL GRID 5.15
UNILEVER 4.76
GSK 4.24
ASTRAZENECA 4.05
TESCO 3.71
SAGE GROUP 3.69
LEGAL & GENERAL GROUP 3.68
INTERMEDIATE CAPITAL GROUP 3.43
HSBC HOLDINGS 3.36
Total 43.90

Fund Aims

To provide a dividend yield above that obtainable on the FTSE® All-Share Index through investment principally in UK equities judged to offer high yield, above average prospects of dividend growth and long term capital growth. The Fund may invest in any of the following financial instruments in order to achieve its investment objective: transferable securities, money market instruments, units in collective investment schemes, deposits and derivatives and forward transactions.

Fund Manager

Trevor Green manager for 0 years and 9 months

Photo of Trevor Green Trevor joined the investment industry in 1990 and Aviva Investors in 2011. Trevor is head of UK Equities responsible for retail and institutional funds. Trevor previously worked as a fund manager at Henderson Global Investors, where he was co-manager of the Henderson Managed Distribution Fund and provided equity input into the Henderson World Wide Income Fund. Prior to this, he worked at New Star Asset Management and before that spent nearly six years at RCM. Trevor has also worked at Credit Suisse Asset Management and started his career at Capel Cure Myers, managing both retail and institutional funds. Trevor holds a BA (Hons) in Economics from Aberdeen University and the Securities Institute Diploma.

Charlotte Meyrick manager for 0 years and 9 months

Photo of Charlotte Meyrick Charlotte is co-manager of the Aviva Investors UK Opportunities Fund and is part of a wider team responsible for the UK Institutional funds, with £6.1bn AUM. In addition Charlotte is lead sector analyst on General Retail and Travel & Leisure. Charlotte graduated from The University of Bath with a BSc in Business Administration. As part of her degree she completed two six-month industrial placements at Citigroup (Emerging Markets Equity Capital Markets and UK Corporate Broking) and ConocoPhillips. She joined the Investment Industry and Aviva Investors in June 2012. Charlotte has completed her IMC Unit 1 and CFA Level 2 exams.

Fund Overview

Mid (26/07/2024) 273.47p
Historic yield 4.10%
Fund size (30/06/2024) £782.95m
Number of holdings 62
Entry Charge 0.00%
Ongoing Charges 0.81%
Launch date 28/04/1989

Asset Allocation

pie chart
  UK Equities 91.43%
  Investment Trusts 3.21%
  International Equities 1.97%
  Cash and Equivalents 1.74%
  Property 1.66%

Commentary

UK equities fell sharply in December, ending a disappointing year in 2018. The negative reception by Parliament to Prime Minister May’s Brexit deal raised the perceived risk of both an election or a ‘no deal’ Brexit, both considered undesirable outcomes due to the potential negative impact on UK business prospects. Additionally, more cautious economic commentary from the Federal Reserve while flagging further rate hikes led to a more negative view of US economic prospects in 2019 and triggered sharp falls in US equities, further unsettling the UK market. Exposure to the financials and industrials sectors detracted from fund performance last month. Amongst the former, our holding in River & Mercantile lost ground as continued macroeconomic uncertainty raised concerns over the asset management group’s earnings prospects. Similarly, amongst industrials both engineering group Melrose and BBA Aviation weakened on concerns over the outlook for the US economy and the continuing trade dispute with China, as both companies have substantial US earnings. Holdings in the technology and telecoms sectors made a positive contribution in December. Investors have reacted positively to recent management changes at accounting software group Sage, while shares in regional telecoms operator KCOM rebounded following a recent profits warning.

Portfolio data accurate as at: 30/06/24

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

pie chart
  UK Equities 91.43%
  Investment Trusts 3.21%
  International Equities 1.97%
  Cash and Equivalents 1.74%
  Property 1.66%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Financials 21.55% - - -
 
 Financial Services - 9.28% - -
 
 Investment Banking & Brokerage Services - - 6.08% -
 
 Asset Managers & Custodians - - - 6.08%
 
 Equity Investment Instruments - - 3.21% -
 
 Equity Investment Instruments - - - 3.21%
 
 Banks - 6.25% - -
 
 Banks - - 6.25% -
 
 Banks - - - 6.25%
 
 Insurance - 6.02% - -
 
 Life Insurance - - 3.68% -
 
 Life Insurance - - - 3.68%
 
 Non-life Insurance - - 2.34% -
 
 Reinsurance - - - 1.70%
 
 Property & Casualty Insurance - - - 0.64%
 
 Industrials 18.93% - - -
 
 Industrial Goods & Services - 14.38% - -
 
 Aerospace & Defence - - 6.65% -
 
 Defense - - - 5.42%
 
 Aerospace - - - 1.23%
 
 General Industrials - - 3.67% -
 
 Containers & Packaging - - - 3.67%
 
 Industrial Engineering - - 2.63% -
 
 Machinery: Construction & Handling - - - 2.63%
 
 Electronic & Electrical Equipment - - 1.44% -
 
 Electronic Equipment: Gauges & Meters - - - 1.44%
 
 Construction & Materials - 4.55% - -
 
 Construction & Materials - - 4.55% -
 
 Construction - - - 1.42%
 
 Cement - - - 1.28%
 
 Building, Roofing/Wallboard & Plumbing - - - 1.27%
 
 Building Materials: Other - - - 0.59%
 
 Consumer Staples 13.40% - - -
 
 Personal Care, Drug & Grocery Stores - 9.84% - -
 
 Personal Care, Drug & Grocery Stores - - 9.84% -
 
 Personal Products - - - 4.76%
 
 Food Retailers & Wholesalers - - - 3.71%
 
 Nondurable Household Products - - - 1.37%
 
 Food, Beverage & Tobacco - 3.56% - -
 
 Beverages - - 3.56% -
 
 Soft Drinks - - - 2.65%
 
 Distillers & Vintners - - - 0.92%
 
 Consumer Discretionary 12.61% - - -
 
 Retail - 3.76% - -
 
 Retailers - - 3.76% -
 
 Specialty Retailers - - - 1.90%
 
 Home Improvement Retailers - - - 1.87%
 
 Media - 3.51% - -
 
 Media - - 3.51% -
 
 Media Agencies - - - 2.02%
 
 Publishing - - - 1.50%
 
 Consumer Products & Services - 2.95% - -
 
 Consumer Services - - 2.95% -
 
 Vending & Catering Service - - - 2.95%
 
 Travel & Leisure - 1.77% - -
 
 Travel & Leisure - - 1.77% -
 
 Hotels & Motels - - - 1.77%
 
 Automobiles & Parts - 0.61% - -
 
 Automobiles & Parts - - 0.61% -
 
 Auto Parts - - - 0.61%
 
 Health Care 11.30% - - -
 
 Health Care - 11.30% - -
 
 Pharmaceuticals & Biotechnology - - 8.29% -
 
 Pharmaceuticals - - - 8.29%
 
 Medical Equipment & Services - - 3.01% -
 
 Medical Equipment - - - 1.71%
 
 Medical Supplies - - - 1.30%
 
 Energy 7.83% - - -
 
 Energy - 7.83% - -
 
 Non-Renewable Energy - - 7.83% -
 
 Integrated Oil & Gas - - - 7.83%
 
 Utilities 5.15% - - -
 
 Utilities - 5.15% - -
 
 Gas, Water & Multi-utilities - - 5.15% -
 
 Multi-Utilities - - - 5.15%
 
 Technology 3.69% - - -
 
 Technology - 3.69% - -
 
 Software & Computer Services - - 3.69% -
 
 Software - - - 3.69%
 
 Real Estate 2.85% - - -
 
 Real Estate - 2.85% - -
 
 Real Estate Investment Trusts - - 2.85% -
 
 Diversified REITs - - - 1.66%
 
 Other Specialty REITs - - - 1.19%
 
 Cash and Equivalents 1.74% - - -
 
 Basic Materials 0.96% - - -
 
 Basic Resources - 0.96% - -
 
 Industrial Metals & Mining - - 0.96% -
 
 General Mining - - - 0.96%

Regional Allocation

pie chart
  UK 91.43%
  Non-Classified 3.21%
  Developed Europe - Excl UK 1.97%
  Cash and Equivalents 1.74%
  Property 1.66%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 93.09%
  Cash 6.50%
  Pound Sterling 0.41%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 91.43% -
 
 United Kingdom - 91.43%
 
 Non-Classified 3.21% -
 
 Developed Europe - Excl UK 1.97% -
 
 Ireland - 1.97%
 
 Cash and Equivalents 1.74% -
 
 Property 1.66% -

Breakdown By Market Cap (%)

Mega
 
 
37.01%
Large
 
 
19.92%
Medium
 
 
21.58%
Small
 
 
8.91%
Non-Classified
 
 
10.84%
Cash
 
 
1.74%

Top 10 Holdings

Stock % Weight Sector Country
1 SHELL 7.83% Non-Renewable Energy United Kingdom
2 NATIONAL GRID 5.15% Gas, Water & Multi-utilities United Kingdom
3 UNILEVER 4.76% Personal Care, Drug & Grocery Stores United Kingdom
4 GSK 4.24% Pharmaceuticals & Biotechnology United Kingdom
5 ASTRAZENECA 4.05% Pharmaceuticals & Biotechnology United Kingdom
6 TESCO 3.71% Personal Care, Drug & Grocery Stores United Kingdom
7 SAGE GROUP 3.69% Software & Computer Services United Kingdom
8 LEGAL & GENERAL GROUP 3.68% Life Insurance United Kingdom
9 INTERMEDIATE CAPITAL GROUP 3.43% Investment Banking & Brokerage Services United Kingdom
10 HSBC HOLDINGS 3.36% Banks United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 3.69% - - - - - - - 3.69%
Financials 18.34% - - - - - 3.21% - 21.55%
Real Estate 1.19% - - - - 1.66% - - 2.85%
Consumer Discretionary 12.61% - - - - - - - 12.61%
Consumer Staples 13.40% - - - - - - - 13.40%
Energy 7.83% - - - - - - - 7.83%
Utilities 5.15% - - - - - - - 5.15%
Health Care 11.30% - - - - - - - 11.30%
Industrials 16.96% 1.97% - - - - - - 18.93%
Basic Materials 0.96% - - - - - - - 0.96%
Cash and Equivalents - - - - - - - 1.74% 1.74%

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 B6R51K6
Mex Code -
Isin Code GB00B6R51K64
Citi Code 05NY

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.81%

Aims and Benchmark

Aims To provide a dividend yield above that obtainable on the FTSE® All-Share Index through investment principally in UK equities judged to offer high yield, above average prospects of dividend growth and long term capital growth. The Fund may invest in any of the following financial instruments in order to achieve its investment objective: transferable securities, money market instruments, units in collective investment schemes, deposits and derivatives and forward transactions.
Benchmark FTSE® All Share
Benchmark Category -
IA Sector UK Equity Income

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 Crown Rating of 2

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.