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Liontrust Macro UK Growth Fund - Inc (R)

Ranked 20 out of 265 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Stephen Bailey

London-born Stephen Bailey began his career in stockbroking in 1985 as a private client portfolio manager with Statham, Duff, Stoop. He followed this with a year at Sheppards & Chase, before joining Walker Crips Weddle Beck plc in 1987. Currently investment director at the group, Bailey has been the architect and driving force behind the development of Walker Crips' asset management business. His in-depth investment experience and sensitivity to market conditions, coupled with colleague Jan Luthman's more fundamental approach, has created a winning combination in the successful co-management of the Walker Crips UK Growth and Equity Income funds, as well as the Dublin-based Collins Stewart UK Growth Fund. As a keen stockmarket historian, Bailey's interest in the financial world extends beyond the rigours of fund management. He is also a sports enthusiast who enjoys cricket, rugby and golf.

Jan Luthman

Jan Luthman graduated in Civil Engineering from St. Andrews University in 1967. He spent eighteen years managing a range of earthmoving, timber, mining, oilfield and vehicle distributorships in Liberia and the Middle-East. An active and successful private investor during the 1980's, Luthman was amongst the first to pass the Securities Association (now the Securities Institute) exams in Investment Analysis in 1987, followed by Fund Management in 1988. However, the value of this unusual combination of formal qualifications, international corporate management and practical investment experience lay largely unrecognised and untapped until he joined Walker Crips in 2000. Now, together with colleague Stephen Bailey, he manages the Liontrust Macro UK Growth and Macro Equity Income funds, as well as segregated mandates. A fan of good wine, good food, photography and pub walks, Luthman dabbles in Old English as well as a website of children's stories and fables, www.fables.co.uk.

Objective

The investment objective of the Fund is to provide Unitholders with a combination of long term capital growth and a measure of income derived from a diversified portfolio of predominantly UK equities and bonds. The Fund is permitted to use derivatives for the purposes of efficient portfolio management and for investment purposes.

Performance

UK (All Companies) over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 0.7% 1.1% -0.4% -0.1%
2013 30.2% 11.7% -1.3% 7.1% 10.2%
2012 5.4% 6.4% -5.7% 5.0% 0.1%
2011 -3.7% 0.0% 0.9% -10.3% 6.4%
2010 18.1% 4.4% -7.2% 12.6% 8.2%
2009 30.3% -7.4% 10.4% 20.4% 5.9%
2008 -26.4% -10.6% 1.5% -13.3% -6.5%
2007 5.3% 0.4% 4.9% -1.7% 1.7%
2006 16.3% 10.8% -4.7% 3.1% 6.7%
2005 27.7% 9.2% 1.8% 10.3% 4.1%
2004 23.0% 5.3% 0.0% 6.0% 10.2%
2003 30.4% -2.7% 15.6% 10.9% 4.5%
2002 -6.5% 4.0% -2.5% -10.3% 2.9%
2001 -13.9% -7.5% 5.2% -19.2% 9.6%
2000 -2.8% -7.5% 2.1% -1.9% 4.8%
1999 5.4% -1.9% 3.8% -6.9% 11.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2014

Top 10 Holdings

Stock Size
BT Group PLC ORD 4.63
Close Brothers Group PLC ORD 4.50
Jupiter Fund Management PLC ORD 4.15
Royal Dutch Shell Plc B ORD 4.00
GlaxoSmithKline PLC ORD 3.93
Aberdeen Asset Management PLC ORD 3.92
Moneysupermarket.Com Group PLC ORD 3.65
Anglo Pacific Group PLC ORD 3.58
AstraZeneca PLC ORD 3.43
Bloomsbury Publishing PLC ORD 3.42
30/06/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/02/1999
  • Share Class size13Mn
  • Base currencyGBP
  • ISIN GB0004932355

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment10,000

Charges

  • Annual management1.5%
  • Initial investment5

Related News

CF Liontrust Macro UK Growth

Mills swoops as Liontrust equity stars sell down Walker Crips

Liontrust's Julian Fosh, Anthony Cross, Jan Luthman and Stephen Bailey have cut their holding in Walker Crips across a spread of funds, and Christopher Mills was quick to scoop of the bulk of the shares they let go of.

Jan Luthman: the golden opportunity in 'challenger' banks

Liontrust's Jan Luthman has bought into the likes of Paragon and Moneysupermarket.com as he introduces a new theme aimed at exploiting the government's mortgage guarantee scheme.

Beanz Meanz Buffett! Liontrust's Bailey toasts $28bn deal

Liontrust'sStephen Bailey has welcomed Warren Buffett's $28 billion offer for baked beans maker Heinz - a deal which will see two of the world's legendary brands united.

Liontrust managers tip pharma to shine and utilities to fall

Pharmaceuticals are due for a rerating upwards but utilities stocks are overpriced, say Liontrust’s fund managers, and they give gambling and asset managers a thumbs up.

Liontrust unveils institutional share classes on Luthman & Bailey funds

Liontrust has announced its plan to offer institutional share classes on Jan Luthman, Stephen Bailey and Jamie Clark's funds.

Fund of the Week: CF Liontrust Macro UK Growth

This week we look at a fund that's positioned away from the debt issues facing the West.

Liontrust acquires Walker Crips Asset Managers for £12m

Liontrust Asset Management will acquire Walker Crips, paying £12 million for the firm and taking over two of its best-known managers Jan Luthman and Stephen Bailey.

Major DNA news breathes life into Woodford and Walker Crips stars

Invesco Perpetual star Neil Woodford and Walker Crips' Stephen Bailey and Jan Luthman are among those to benefit from a major developments in the world genetic research, which has seen one of their holdings jump 20%. 

Shrewdies net millions from Hamworthy bid approach

Walker Crips duo Stephen Bailey and Jan Luthman, Artemis' Mark Niznik, Schroders' Andy Brough, OMAM's Dan Nickols and Charlie Thomas of Jupiter are set to benefit from the 20% surge in Hamworthy shares. 

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).